Can anyone explain how the KDJ indicator is calculated on BitcoinWisdom? I'm trying to figure out the math of the K, D, and J lines but none of the explainations from google are matching the outcome of the BitcoinWisdom one.
I'd like to be able to duplicate the KDJ indicator from BitcoinWisdom for use in a trade bot if I can figure out how it is calculated.
The formula is
RSV = (CLOSE-LLV(LOW,9))/(HHV(HIGH,9)-LLV(LOW,9))*100;
K = SMA(RSV,3,1);
D = SMA(K,3,1);
J = 3*K-2*D;
LLV means lowest value in period
HHV means highest value in period
SMA is Simple Moving Average