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KDJ

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**KDJ Indicator - Enhanced Stochastic Oscillator**

The KDJ indicator is an advanced technical analysis tool that extends the traditional stochastic oscillator with an additional J line, providing enhanced momentum analysis for trading decisions.

**What is KDJ?**
KDJ consists of three lines:
- **K Line (Blue)**: Fast stochastic line showing short-term momentum
- **D Line (Orange)**: Smoothed version of K line, representing medium-term trend
- **J Line (White)**: Divergence line calculated as (3×K - 2×D), showing momentum acceleration

**Key Features:**
- Fully customizable parameters for optimal strategy adaptation
- Independent signal smoothing for K and D lines
- Visual background coloring for quick trend identification
- Standard overbought (80) and oversold (20) levels
- Clean, professional chart presentation

**Parameters:**
- **Period**: Lookback period for highest/lowest calculations (default: 42)
- **Signal K**: Smoothing factor for K line (default: 4)
- **Signal D**: Smoothing factor for D line (default: 4)

**Trading Signals:**
- **Bullish**: J line crosses above D line (green background)
- **Bearish**: J line crosses below D line (red background)
- **Overbought**: Values above 80 level
- **Oversold**: Values below 20 level

**Best Use:**
Ideal for identifying trend reversals, momentum shifts, and entry/exit points across all timeframes and markets. The J line provides early signals compared to traditional stochastic indicators.

Perfect for swing trading, scalping, and trend following strategies.
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