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Kurtosis 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

Kurtosis Technical Indicators - Kurtosis Technical Analysis on Trading Charts - Kurtosis Technical Indicators MetaTrader 4

Technical Analysis and Generating 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.

Kurtosis Technical Analysis on Forex Charts - Kurtosis Indicators MT4

Technical Analysis

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