How to Add Kurtosis Indicator on MetaTrader 4 Charts - Adding MT4 Kurtosis Forex Chart Indicator

Step 1: Open Navigator Window on Forex Trading Platform

Open Navigator window as shown & illustrated below: Go to 'View' menu (click on it), then select 'Navigator' window (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard short cut keys 'Ctrl+N'

On Navigator window, choose 'Indicators', (Double-Click)

How to Add Kurtosis Indicator on MetaTrader 4 - MT4 Kurtosis Indicator

Step 2: Expand the Indicators Menu on the Navigator - Adding Kurtosis MT4 Chart Indicator

Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the Kurtosis forex chart indicator from this list of forex indicators so as to add the Kurtosis indicator on the forex chart.

How to Add Kurtosis Indicator - From the Above window you can then place Kurtosis indicator that you want on the Forex chart

How to Add Custom Kurtosis Indicator to MT4

If the technical indicator you want to add is a custom indicator - for example if the Kurtosis technical indicator you want to add is a custom indicator you will need to first add this custom Kurtosis indicator on the MT4 platform & then compile custom Kurtosis indicator so that the newly added Kurtosis custom indicator pops up on the list of custom indicators in MetaTrader 4 software.

To learn how to install Kurtosis indicators on MT4, how to add Kurtosis indicator window to MT4 and how to add Kurtosis custom indicator in MT4 - How to add a custom Kurtosis indicator in MetaTrader 4.

About Kurtosis Technical Indicator Tutorial Explained

Kurtosis Technical Analysis and Kurtosis Signals

This indicator is used to help determine the sentiment of the forex trading 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

Forex Technical Analysis & How to Generate Signals

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

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

Technical Analysis in Forex Trading