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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


Kurtosis MT4 Stock Indexes Indicator MT4 Stock Indexes Indicators



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 Kurtosis Technical MT4 Stock Indexes Indicator

MT4 Stock Indexes Indicator

 

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