KDJ Indicator MT4

📈 Overbought and Oversold Detection – Identifies overbought and oversold levels in the market to help traders anticipate potential reversals.

🔹 Three-Line Oscillator – Displays K, D, and J lines on an additional chart for more precise trend analysis.

🔄 Improved Stochastics – Includes the J line, which provides additional insight by crossing K and D lines to signal potential trading opportunities.

🎯 Versatile Use – Can be applied to long-term trading strategies or any forex trading system for confirming price conditions.

⚙️ Customizable – Allows traders to adjust settings according to their preferred strategy or market timeframe.

Input Settings & Controls

nPeriod = 9
📌 This is the main period for calculating the K and D lines. It determines the number of bars used for the stochastic calculation. A smaller value makes the indicator more sensitive, while a larger value smooths it out.
factor_1 = 0.6666666
📌 This factor is used to weight the K line in its smoothing calculation. It controls how strongly recent price changes affect the K line.
factor_2 = 0.3333333
📌 This factor is used to weight the D line, which is the smoothed version of K. It controls the responsiveness of the D line to changes in the K line.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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