PROTECTED SOURCE SCRIPT
KDJ + MACD
KDJ + MACD Indicator
Overview
A combined technical analysis tool that integrates two popular indicators:
KDJ Indicator: A stochastic oscillator variant that measures momentum and overbought/oversold conditions
MACD Indicator: A trend-following momentum indicator that shows the relationship between two moving averages
Key Components
KDJ Section
K Line (Blue): Fast stochastic line
D Line (Orange): Slow stochastic line (signal line)
J Line (Purple): Extra momentum line (3K - 2D)
Levels:
80+ = Overbought zone
20- = Oversold zone
50 = Neutral midpoint
MACD Section
MACD Line (Blue): Difference between 12-period and 26-period EMAs
Signal Line (Orange): 9-period EMA of MACD line
Histogram (Green/Red): Visual difference between MACD and Signal lines
Trading Signals
KDJ Buy: K crosses above D when below 30 (oversold)
KDJ Sell: K crosses below D when above 70 (overbought)
MACD Buy: MACD line crosses above Signal line
MACD Sell: MACD line crosses below Signal line
Use Cases
Trend Confirmation: Use MACD for trend direction and KDJ for entry timing
Divergence Detection: Spot price/indicator divergences for reversals
Overbought/Oversold: Identify extreme market conditions
Momentum Analysis: Gauge the strength of price movements
Best For
Swing traders
Medium-term timeframes (4H, Daily)
Confirming trend changes
Filtering trade signals
Note: Works best when both indicators align, reducing false signals.
Overview
A combined technical analysis tool that integrates two popular indicators:
KDJ Indicator: A stochastic oscillator variant that measures momentum and overbought/oversold conditions
MACD Indicator: A trend-following momentum indicator that shows the relationship between two moving averages
Key Components
KDJ Section
K Line (Blue): Fast stochastic line
D Line (Orange): Slow stochastic line (signal line)
J Line (Purple): Extra momentum line (3K - 2D)
Levels:
80+ = Overbought zone
20- = Oversold zone
50 = Neutral midpoint
MACD Section
MACD Line (Blue): Difference between 12-period and 26-period EMAs
Signal Line (Orange): 9-period EMA of MACD line
Histogram (Green/Red): Visual difference between MACD and Signal lines
Trading Signals
KDJ Buy: K crosses above D when below 30 (oversold)
KDJ Sell: K crosses below D when above 70 (overbought)
MACD Buy: MACD line crosses above Signal line
MACD Sell: MACD line crosses below Signal line
Use Cases
Trend Confirmation: Use MACD for trend direction and KDJ for entry timing
Divergence Detection: Spot price/indicator divergences for reversals
Overbought/Oversold: Identify extreme market conditions
Momentum Analysis: Gauge the strength of price movements
Best For
Swing traders
Medium-term timeframes (4H, Daily)
Confirming trend changes
Filtering trade signals
Note: Works best when both indicators align, reducing false signals.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.