Kurtosis Technical Analysis and Kurtosis Signals

This indicator is used to help determine the sentiment of the market.

It is calculated in 3 parts.

• Kurtosis portion
• Fast Kurtosis
• Fast/Slow Kurtosis

The Kurtosis portion 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 price bar’s momentum value)

The Fast Kurtosis portion is calculated using the formula:

FK = n-periods moving average of K

Fast/Slow Kurtosis portion is calculated using the formula:

FSK = n-periods moving average of FK

Technical Analysis & Generating Signals

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

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

Technical Analysis in XAUUSD