The accuracy of using the first KDJ indicator on the weekly line is relatively high.
KDJ indicator is a random indicator, which rises with the market rising and falls with the market falling. Therefore, the trend of KDJ indicators changes as rapidly as the market in a short period of time, especially in a short period of time, if short-term investors buy and sell according to KDJ's golden fork, the final result will inevitably be small profits but quick turnover. Therefore, when using the KDJ indicator again, it is suggested to put the cycle on the weekly line, which is more stable and will not be affected by the fluctuation of the daily line and form frequent golden forks and dead forks.
Take palm futures as an example. Through the above comparison, we can know that the weekly chart of palm futures shows the trend chart of palm futures 15 minutes, and also chooses the downward trend of palm high 6 1 18. By comparison, we can know that the weekly chart falls from the high point, the KDJ indicator only forms a dead fork and then goes down, while the trend of 15 minutes forms n times of dead forks.
Secondly, in the weekly chart, we use the overbought and oversold of J value to grasp the top and bottom areas.
Oversold and oversold are signals that prices will form top and bottom areas. It is best to use the j value of KDJ to identify it. The specific usage is that when the price rises and the value of J on the weekly chart crosses the value of 100, it means that the market has entered the overbought area, and attention should be paid to the risk of peaking.
On the contrary, when the market falls, when the J value falls below 0, it means that the price has entered the oversold area. Pay attention to the probability that the market will form the bottom.
Personally, I think KDJ indicator is flexible as a whole, and it is a good indicator for investors to analyze the market. As long as you master the method, it can also be a sharp weapon for them to analyze the market. Finally, remind everyone that investment is risky.