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TA Challenge: Blending MACD and KDJ for More Informed Decisions๏ผ
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The New and Improved MJ Indicator - Combining MACD and KDJ for Enhanced Effectiveness! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰

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ZZZZakk joined discussion ยท Apr 8 05:30
Before we get started, just wanted to remind you to smash that like button and leave a comment below to let me know what you think! ๐Ÿ‘๐Ÿ’ฌ
Hey Mooers! The MJ indicator that I posted weeks ago has received a lot of attention from the community. Thank you all for the likes and feedback! ๐Ÿ™
The New and Improved MJ Indicator - Combining MACD and KDJ for Enhanced Effectiveness! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
The New and Improved MJ Indicator - Combining MACD and KDJ for Enhanced Effectiveness! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
Here are my previous posts that many mooers loved๐Ÿ˜๐Ÿ˜๐Ÿ˜! Don't miss out๐Ÿ“š๐Ÿ‘€๐Ÿ‘€๐Ÿ‘€
๐Ÿ”น A Must Have Technical Indicator! MACD + KDJ=MJ๏ผˆUnlock Your Trading Potential๏ผ‰๐Ÿ“ˆ
๐Ÿ”น ๐Ÿ˜ฑLess than 1% Mooers Know This Awsome Indicator: SLINE Ribbonโค๏ธ
๐Ÿ”น ๐Ÿ‘Best for Beginners! 3 ETF portfolio for massive riches in 2024! ๐Ÿ’ฐ
๐Ÿ”น ๐ŸŽ‰Another Must-Have Technical Indicator! MCDX 3-Color Bricks (๐Ÿ‘€visualizing PCD's Trend!)
So, what upgrades have I made to my custom MJ indicator this time? ๐Ÿ˜‰
The built-in MACD indicator can't effectively identify trends and can only judge them based on the height of the histogram.๐Ÿ˜ต๐Ÿ˜ต๐Ÿ˜ต Therefore, I have added STICKLINE into the code to help us make the trend of MACD more apparent by setting different colors based on its rise and fall when it crosses above or below the zero axis. ๐Ÿ“Š๐Ÿ“Š๐Ÿ“Š
The New and Improved MJ Indicator - Combining MACD and KDJ for Enhanced Effectiveness! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
How to add/upgrade the MJ indicator in Moomoo? Here is a 3 min guide for you (it would be nice if you smashed that like button now ๐Ÿฅฐ๐Ÿฅฐ๐Ÿฅฐ)
๐Ÿ”ธ Step 1: Open Moo on PC and choose a stock
๐Ÿ”ธ Step 2: Enter the lower right corner of the stock page-Indicator Management
๐Ÿ”ธ Step 3: Go to the metrics management page and directly reference the picture to add/edit MJ indicator
๐Ÿ”ธ Step 4: Commet below, let me konw weather this indicator works or not. If you have any other indicaoters wanna share with me, you r also welcomed๐Ÿฅฐ๐Ÿฅฐ๐Ÿฅฐ.
The New and Improved MJ Indicator - Combining MACD and KDJ for Enhanced Effectiveness! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
The New and Improved MJ Indicator - Combining MACD and KDJ for Enhanced Effectiveness! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
Code๏ผˆjust copy and paste๐Ÿ˜Ž, easy~~~๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž๏ผ‰(โ€ผ๏ธnote: before copying the code, u need to close your auto translate, if u r using it)
RSV:=(CLOSE-LLV(LOW,P1))/(HHV(HIGH,P1)-LLV(LOW,P1))*100;
K:=SMA(RSV,P2,1);
D:=SMA(K,P3,1);
J:=3*K-2*D;
DIF: EMA(C, 12) - EMA(C, 26), COLORE51883;
DEA: EMA(DIF, 9), COLOR7F9A00;
MACD: (DIF - DEA) * 2, COLORSTICK;
N:=300;
KH:=HHV(K,N);
DH:=HHV(D,N);
JH:=HHV(J,N);
KL:=LLV(K,N);
DL:=LLV(D,N);
JL:=LLV(J,N);
KDJMAX:=MAX(KH,MAX(DH,JH));
KDJMIN:=MIN(KL,MIN(DL,JL));

KDJ_M2:=(KDJMAX+KDJMIN)/2;
KDJ_A2:=(KDJMAX-KDJMIN);

DIFH:=HHV(DIF,N);
DEAH:=HHV(DEA,N);
MACDH:=HHV(MACD,N);
DIFL:=LLV(DIF,N);
DEAL:=LLV(DEA,N);
MACDL:=LLV(MACD,N);
MACDMAX:=MAX(DIFH,MAX(DEAH,MACDH));
MACDMIN:=MIN(DIFL,MIN(DEAL,MACDL));
MACD_M1:=(MACDMAX+MACDMIN)/2;
MACD_A1:=(MACDMAX-MACDMIN);
NEW_BASE:=(0-MACD_M1)*KDJ_A2/MACD_A1+KDJ_M2;
J_NEW:J-NEW_BASE,LINETHICK2,COLORBLUE;
DIF_NEW:(DIF-MACD_M1)*KDJ_A2/MACD_A1+KDJ_M2-NEW_BASE,COLORGREEN;
DEA_NEW:(DEA-MACD_M1)*KDJ_A2/MACD_A1+KDJ_M2-NEW_BASE,COLORLIRED;
MACD_NEW:(MACD-MACD_M1)*KDJ_A2/MACD_A1+KDJ_M2-NEW_BASE;
STICKLINE(MACD_NEW > 0 AND MACD_NEW >= REF(MACD_NEW, 1), 0, MACD_NEW, 0.8, 0), COLOR26A69A;
STICKLINE(MACD_NEW> 0 AND MACD_NEW < REF(MACD_NEW, 1), 0, MACD_NEW, 0.8, 0), COLORB2DFDB;
STICKLINE(MACD_NEW < 0 AND MACD_NEW >= REF(MACD_NEW, 1), MACD_NEW, 0, 0.8, 0),COLORFFCDD2;
STICKLINE(MACD_NEW < 0 AND MACD_NEW < REF(MACD_NEW, 1), MACD_NEW, 0, 0.8, 0), COLORFF5252;
Remember to โค & ๐Ÿ’ฌ + follow ๐Ÿ””, gonna share more in the future~
Peace out, y'all!
๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€
Disclaimer: This article is for informational purposes only and is not intended to provide any investment advice or recommendation. Remember, investing comes with risks, so be cautious when entering the market.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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