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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.
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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 |
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Compatibility |