Kurtosis Technical Analysis and Kurtosis Trading Signals

This indicator is used to help determine the sentiment of the crude 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 crude price bar's momentum value minus the previous crude price bar's momentum value)

The 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

Oil Technical Analysis and How to Generate 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 in Oil Trading