PROTECTED SOURCE SCRIPT

KDJ + MACD

76
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.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.