Kurtosis Trading Analysis and Kurtosis Trading Signals
This indicator is used to help determine the sentiment of the market.
It is calculated in three 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 bar's momentum value)
Fast Kurtosis portion is calculated using the formula:
FK = n-periods MA of K
Fast/Slow Kurtosis portion is calculated using the formula:
FSK = n-periods Moving Average of FK
XAUUSD Analysis and Generating Signals
Bullish Signal - A buy trade signal gets generated when technical indicator crosses above zero mark.
Bearish Signal - A sell trading signal gets generated when technical indicator crosses below the zero level.
Technical Analysis in XAUUSD Trading
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