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

Step 1: Open Navigator Panel on Trading Software Platform

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

On Navigator window, choose and select 'Indicators', (Double Press)

How to Set Kurtosis in MT4 Platform - MT4 Kurtosis - How Do I Use Kurtosis in Forex?

How Do You Add Kurtosis on MT4 - MT4 Kurtosis Indicator

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

Expand the menu by pressing the open tool mark point " + " or double-click the 'indicators' menu, after which this particular given button will appear and be shown as (-) & will now display a list just as shown below - choose the Kurtosis chart indicator from this list of indicators so as to add the Kurtosis to the chart.

How Do I Add Kurtosis on a Chart? - How to Use Kurtosis Trading Indicator

How Do I Add Kurtosis - From the Above window you as a trader can then place Kurtosis that you as a trader want on the chart

How to Set Custom Kurtosis to MT4

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

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

About Kurtosis Tutorial Explained

Kurtosis Analysis and Kurtosis Signals

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

It is calculated in 3 parts.

  • Kurtosis part
  • Fast Kurtosis
  • Fast/Slow Kurtosis

Kurtosis part is calculated using this formula:

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

The Fast Kurtosis part is calculated using this formula:

FK = n-periods MA Moving Average of K

Fast/Slow Kurtosis part is calculated using this formula:

FSK = n-periods Moving Average of FK

Kurtosis Technical Indicators - How to Use Kurtosis - Kurtosis Settings in MT4

FX Analysis and How to Generate Trading Signals

Bullish Signal - A buy signal gets derived/generated when indicator crosses above zero mark.

Bearish Signal - A sell trade signal gets derived/generated when technical indicator crosses below the zero mark.

How Do I Use Kurtosis Indicator? - Kurtosis Settings in the MT4 Software - Adding MT4 Kurtosis Indicator

Analysis in Forex Trading

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