Kurtosis

The Kurtosis indicator is a market mood indicator. It consists of three parts: Kurtosis, Fast Kurtosis and Fast/Slow Kurtosis. The indicator itself is shown on the chart by two curves: Fast Kurtosis and Fast/Slow Kurtosis. The indicator shows the normal distribution dynamics on the chart. Positive values indicate the normal distribution peak values, while negative values indicate the opposite.

The indicator view in the chart.

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The indicator has the following parameters:

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Settings

Period - set the indicator period.

Common

Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume

Drawing
Panel - selection of the indicator location in the chart:

  • New panel
  • Chart

Line, Estimator

Show value - display of the indicator value on the price scale.

Show zero values - display of zero values.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Color

Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Dot
  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

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