Kurtosis Technical Analysis and Kurtosis Signals

This technical indicator is used to help identify the sentiment of the market.

It is calculated in three parts.

• Kurtosis part
• Fast Kurtosis
• Fast/Slow Kurtosis

The Kurtosis part is calculated using the formula:

K = n-periods momentum - n-periods momentum of 1 bar before (current price bar's momentum value minus the previous bar's momentum value)

The Fast Kurtosis part is calculated using the formula:

FK = n-periods MA(Moving Average) of K

Fast/Slow Kurtosis part is calculated using this formula:

FSK = n-periods MA(Moving Average) of FK

Technical Analysis and Generating Signals

Bullish Signal - A buy signal is generated/derived when indicator crosses above the zero.

Bearish Signal - A sell signal is generated/derived when indicator crosses below the zero.

Technical Analysis in XAUUSD

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