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Indicators

Kurtosis - indicator for MetaTrader 5

Scriptor | English Русский 中文 Español Deutsch 日本語 Português
Views:
8699
Rating:
(15)
Published:
2018.03.01 11:39
Kurtosis.mq5 (10.95 KB) view
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A trend oscillator. It is calculated by the following formula:

SMA(3) of EMA (66) of ( Momentum[period] - Momentum[period-1] )

It has four configurable parameters:

  • Period of momentum - momentum calculation period;
  • Primary smoothing period - EMA smoothing period (66);
  • Secondary smoothing period - SMA smoothing period (3);
  • Applied price - price used for calculating the momentum.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19887

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