Kurtosis Forex Trading Technical Analysis & Kurtosis 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
Forex Trading 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
