Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Stochastic %J - KDJ for Amibroker (AFL)
kaiji
almost 15 years ago
Amibroker (AFL)

Rating:
2 / 5 (Votes 5)
Tags:
oscillator, amibroker, stochastic

The KDJ indicator is a form of the Stochastic. The difference is an extra line called the %J line. The %J line is the divergence of the %D value from the %K. The value of %J can go beyond 0 or 100 for %K and %D lines on the chart.

Trading Signals: A negative value of %J with %K and %D at the bottom range indicates a strong over sold condition. When the %J value goes above 100, with %K and %D at the top range, indicates a strong over bought condition.

Settings: Default: 14 period, 3 period, 1 period

By Barry Scarborough – razzbarry [at] imageview.us

Screenshots

Similar Indicators / Formulas

ATR & Volume Adjusted Momentum
Submitted by Gorilabd over 14 years ago
Debu Market Efficiency Ratio
Submitted by agent301 over 12 years ago
MACD (new timing)
Submitted by tigernifty over 12 years ago
Dynamic Positioning Indicator (DPI)
Submitted by kelvinhand over 11 years ago
KILL THE OPERATOR MACD
Submitted by prasadmuni over 12 years ago
3 Days Track
Submitted by janet0211 over 14 years ago

Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Stochastic %J");
printf("The KDJ indicator is actually a derived form of the Stochastic with the
only difference being an extra line called the J line." + 
" The J line represents the divergence of the %D value from the %K. The value
of J can go beyond [0, 100] for %K and %D lines on the chart." + 
"\nTrading Signals: A negative value of J combined with %K and %D at the bottom
range indicates a strong over sold signal." + 
" Likewise, when the J value goes above 100, combined with %K and %D at the top
range, it will indicate a strong over bought signal. " +  
"\nSettings: Default:  14 period, 3 period, 1 period");


N 	= param("Range", 9, 2, 20, 1); 
M1 	= param("%K Period", 3, 1, 20, 1); 
M2	= param("%D Period", 3, 1, 20, 1);

RSV	= (CLOSE - LLV(LOW, N))/(HHV(HIGH, N)- LLV(LOW, N)) * 100;
K 	= EMA(RSV, M1);
D 	= EMA(K, M2);
J 	= 3 * K-2 * D;
plot(J, "Stochastic %J", colorred);
plot(D, "Stochastic %D", colorblue);
plot(K, "Stochastic %K", colorgreen);
plot(80, "", colorblack);
plot(20, "", colorblack);
_SECTION_END();

1 comments

1. tuanbui

It doesn’t work. Fix it please!

Leave Comment

Please login here to leave a comment.

Back