More Information about:
Link: 1) www.tradecision.com/support/indicators/kurtosis_indicator.htm




Calculation:

Mov(Mov(Mo(3)-Ref(Mo(3),-1),66,E),3,S)

Source Code "Kurtosis Indicator":

function init()
{
   with (KI) {
     createBuffer("KI");
     setBufferColor("KI", "lime");
     setBufferDrawStyle("KI", DrawStyle.LINE);
     setAutoChangeMaxMin("KI");

     createParameter("Kurtosis", 3);
     createParameter("FK", 66);
     createParameter("FSK", 3);

     createParameter("Level", 0);
     fullName = "Kurtosis Indicator";

   }
}

function start()
{
   KI.label = "Kurtosis (" + KI.parameter("Kurtosis") + ") + FK(" + KI.parameter("FK") + ") + FSK(" + KI.parameter("FSK") + ")";
   KI.removeAllLevels();
   KI.addLevel(KI.parameter("Level"), "white");

  var num = Shared.numberOfQuotes();
   var KiBuf = new Array(num);
   var Temp = new Array(num);

   var MoBuf = Mo();

   for (var i = 1; i < num; ++i) {
     KiBuf[i] = MoBuf[i]-MoBuf[i-1];;
   }

   Temp = Shared.ema(KI.parameter("FK"), KiBuf);
   KiBuf = Shared.ema(KI.parameter("FSK"), Temp);
   KI.setBufferData("KI", KiBuf);
}

function Mo()
{
   var Mo = Shared.getIndicator("Momentum");

   Mo.init();

   Mo.setParameter("Period", KI.parameter("Kurtosis"));
   Mo.start();

   return Mo.bufferData("Momentum");
}