Kurtosis Forex Technical Analysis and Kurtosis Forex Trading Signals
This indicator is used to help determine the sentiment of the forex 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
The Fast/Slow Kurtosis portion is calculated using the formula:
FSK = n-periods moving average of FK
Forex Technical Analysis and Generating Forex Trading Signals
Bullish Signal - A buy signal is generated when the indicator crosses above zero.
Bearish Signal - A sell signal is generated when the indicator crosses below zero.
Technical Analysis
