Kurtosis Analysis & Kurtosis Signals
This indicator is used to help determine the sentiment of the trading market.
It is calculated in 3 parts.
- Kurtosis portion
- Fast Kurtosis
- Fast/Slow Kurtosis
Kurtosis portion is calculated using the formula:
K = n-periods momentum - n-periods momentum of 1 price bar before (current pbar's momentum value minus the previous bar's momentum value)
The Fast Kurtosis portion is calculated using the formula:
FK = n-periods MA of K
Fast/Slow Kurtosis portion is calculated using the formula:
FSK = n-periods Moving Average of FK
Forex Analysis & How to Generate Trading Signals
Bullish Signal - A buy signal gets generated when trading indicator crosses above zero mark.
Bearish Signal - A sell trade signal gets generated when trading indicator crosses below zero mark.
Analysis in FX Trading
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