Forex Kurtosis Indicator Expert Advisor Setup - Setting Up Kurtosis Indicator Expert Advisor

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

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

Kurtosis Indicator 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

Forex Kurtosis Indicator Expert Advisor Setup

Forex Kurtosis Indicator 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.

Technical Analysis - Forex Kurtosis Indicator Expert Advisor Setup