KDJ Golden Cross
The KDJ Golden Cross is one of the commonly used technical analysis patterns in quantitative trading, used to identify potential upward trends in the market.
Calculation Principle
The KDJ Golden Cross is determined by the following conditions:
- The K line crosses above the D line from below
- The crossover occurs in the oversold region (usually below 20)
- At the crossover, both the K and D lines have positive slopes
Parameter Description
- Input parameters:
- KDJ indicator data
- Parameters:
- direction: direction parameter
- waterline: waterline parameter
Usage Suggestions
- Use in combination with other technical indicators
- Pay attention to the overall market trend
- Monitor trading volume
- Set reasonable stop-loss levels
- Watch out for false breakouts