Kurtosis Stock Indices Technical Analysis and Kurtosis Stock Indices Signals
This indices technical indicator is used to help determine the sentiment of the stock index trading 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 stock index price bar’s momentum value minus the previous stock index 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
Stock Indices Technical Analysis and Generating Stock Indices Signals
Bullish Signal - A buy stock indices signal is generated when the indicator crosses above zero.
Bearish Signal - A sell stock indices signal is generated when the indicator crosses below zero.
Technical Analysis