KDJ test
KDJ test
There no unified mathematical description of the KDJ indicator.
Some defined KDJ as:
The %J line is nothing more than the difference between the other two lines.
The J line is a measure of divergence between %D and %K.
mql5 and tradingview use formula:
%J = 3 * %D – 2 * %K
%J = %K*k + %D*d
So I created my own indicator and call it "Stochastic FKSD" very similar to anychart mathematical description
and more suitable for stock and bond trading strategy.
fksd = 0.5*fk + 0.5*sd
Here is my rough version of stock and bond trading strategy using the Stochastic FKSD indicator.