Kurtosis Analysis and Kurtosis Signals
This indicator is used to help determine the sentiment of the trading market.
It's calculated in 3 parts.
- Kurtosis part
- Fast Kurtosis
- Fast/Slow Kurtosis
Kurtosis portion is calculated using this formula:
K = n-periods momentum - n-periods momentum of 1 price candlestick before (current price candlestick's momentum value subtract the previous candlestick's momentum value)
The Fast Kurtosis portion is calculated using this formula:
FK = n-periods MA Moving Average of K
Fast/Slow Kurtosis portion is calculated using this formula:
FSK = n-periods Moving Average of FK
FX Analysis and How to Generate Trading Signals
A bullish signal occurs when a technical indicator crosses above the zero mark, leading to a buy signal.
Bearish Signal - A sell trading indication is derived when the trading indicator crosses underneath the zero level.
Analysis in Forex Trading
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