KDJ Lines

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Developed By: pluginsky

In stock

This VTL Client Script is an indicator derived from Stochastic with only difference being an extra line called J that represents the %D value from %K.

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This VTL Client Script is an indicator derived from Stochastic with only difference being an extra line called J that represents the %D value from %K.

The %J value can gp beyond [0, 100] for %K and %D lines.

The formula compares the current close to the low, high and range of a set period and then creates two lines, %K and %D.

%K is the faster line, %D is simply a moving average of %K and provides a signal line.

The KDJ adds a third line, the %J, for a total of three; %K%D%J, KDJ. The %J line is nothing more than the difference between the other two lines.

Usage

  • Download the attachment.
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Scripts
  • Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node and select Refresh to find the script.

Additional information

Plugin-Type

Client VTL – Custom Indicator

Compatibility

Main Menu