KDJ indicator for MetaTrader 5.

What it shows

KDJ starts from the stochastic oscillator. K is the fast line and D is its average. J is three times K minus two times D, so it moves further and turns sooner than either.

• J crossing above D suggests momentum turning up; crossing below suggests it turning down.
• J above 100 or below 0 flags a stretched move rather than a signal on its own.
• Like any oscillator it lags in strong trends. Use it with structure, not instead of it.