Kurtosis Indicator For ThinkOrSwim

[hboogie]

This study plots fast and slow moving averages as an oscillator to identify trends.

Here is the original Tradingview code:
https://www.tradingview.com/script/Qe90JYge-Kurtosis-Indicator/

For the new ThinkOrSwim code, you must scroll down to the next post

 

[samer800]

Hi,

Looking for a conversion of this script. Thanks!!

https://www.tradingview.com/script/Qe90JYge-Kurtosis-Indicator/

check the below:

#// Indicator for TOS
# //Alex Orekhov (everget)
#study("Kurtosis Indicator", shorttitle="Kurtosis")
# Converted by Sam4Cok@Samer800    - 03/2025

Declare lower;

input source         = close;     # "Source"
input momentumLength = 3;         # "Momentum Length"
input fastMovAvgType = AverageType.EXPONENTIAL;
input fastLength     = 66;        # "Fast Length"
input fastSlowMaType = AverageType.SIMPLE;
input fastSlowLength = 3;         # "Fast/Slow Length"


def na = Double.NaN;
def last = IsNaN(close);

#// Kurtosis
def chang = source - source[momentumLength];
def K = chang - chang[1];
#// Fast Kurtosis
def FK = MovingAverage(fastMovAvgType, K, fastLength);
#// Fast / Slow Kurtosis
def FSK = MovingAverage(fastSlowMaType, FK, fastSlowLength);

#---plots

plot Fast = if !last then FK else na;      # "Fast"
plot FastSlow = if !last then FSK else na; # "Fast / Slow",
plot zero = if !last then 0 else na;
Fast.SetLineWeight(2);
FastSlow.SetLineWeight(2);
zero.SetPaintingStrategy(PaintingStrategy.DASHES);
Fast.SetDefaultColor(Color.CYAN);
FastSlow.SetDefaultColor(Color.MAGENTA);
zero.SetDefaultColor(Color.GRAY);


#-- END of CODE

 

[hboogie]

Thank you!!