In this overview we would like to tell about the KDJ indicator which enters the family of trend indicators and gives a chance to enter at the beginning of price movement. It is placed in the section Indicators - Trend
at chart it looks as following:
Settings of the indicator:
This indicator comprises three lines:
Fast, average and slow which crossing, gives us an opportunity to enter this or that party.
It is possible to buy when the red line is located above blue, and blue is above green,
For sell it is necessary that the green line was higher than blue, and the blue line - higher than red.
Also it should be taken into account that the more is the distance between lines, the stronger is the signal. As well as many false signals KDJ gives many false signals during a flat therefore we recommend to use it with oscillator. We wish you high profit.