Kurtosis Indicator Expert Advisor Setup - Setting Up Kurtosis Indicator Expert Advisor

Kurtosis Indicator Expert Advisor Setup - Setting Up Kurtosis Indicator Expert Advisor - A trader can come up with an Kurtosis Indicator Expert Advisor based on the Kurtosis indicator explained below.

Kurtosis Indicator Expert Advisor rules can be combined with other technical indicators to come up with other EA Bots that trade using rules based on two or more indicators combined to form a system.

Kurtosis Indicator Analysis and Kurtosis Signals

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

It's 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 MA of FK

Kurtosis Indicator Expert Advisor Setup

Kurtosis Indicator Analysis and How to Generate Signals

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

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

Technical Analysis in FX Trading - Forex Kurtosis Indicator Expert Advisor Setup