Kurtosis Indicator EA Setup - Setting Up Kurtosis Indicator Expert Advisor

Kurtosis Indicator EA Setup - Setting Up Kurtosis Indicator EA - A trader can come up with an Kurtosis Indicator EA based on the Kurtosis indicator explained below.

Kurtosis Indicator EA rules can be combined with other Forex trading indicators to come up with other Expert Advisor Forex Robots that trade using rules based on two or more indicators combined to form a trading system.

Kurtosis Technical Indicator Analysis and Kurtosis Forex 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

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)

Fast Kurtosis portion is calculated using the formula:

FK = n-periods moving average of K

Fast/Slow Kurtosis portion is calculated using the formula:

FSK = n-periods moving average of FK

Kurtosis Indicator EA Setup

Kurtosis Indicator Technical Analysis & How to Generate Trading Signals

Bullish Signal - A buy trading signal is generated when indicator crosses above zero.

Bearish Signal - A sell trading signal is generated when indicator crosses below the zero.

Technical Analysis in Forex Trading - Forex Kurtosis Indicator EA Setup