# Kurtosis MT4 Stock Indexes Indicator and Kurtosis Indices Trading Signals

This MT4 Indices Indicator is used to help determine the sentiment of the Indices 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 indexes price bar’s momentum value minus the previous stock indexes 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

## MT4 Indices Technical Indicator and Generating Indices Trading Signals

Bullish Signal - A buy stock indices signal is generated when the MT4 Indices Indicator crosses above zero.

Bearish Signal - A sell stock indices signal is generated when the MT4 Indices Indicator crosses below zero.

**MT4 Stock Indexes Indicator**