Recursive Moving Trend Average Technical Analysis & Signals
This Trading Indicator is calculated using a mathematical polynomial fit, the formula is referred to as a Recursive Moving Polynomial Fit.
This formula used to calculate this trading indicator only requires a small set of the previous data to calculate and predict the next direction of price movement. The illustration revealed below illustrates two Recursive Averages combined to form a crossover trading system.
Forex Technical Analysis & How to Generate Signals
The best technical analysis method is the crossover trading method where you as a trader can combine two recursive averages, such as and like the 14 & 21. When the two cross overs each other upward then that's a bullish signal while a downward cross over is a bearish signal.
Buy Sell Trade Signal
The Recursive Average looks very similar to the traditional MA Moving Average, the only difference is that's much smoother due to the technique of calculation that it uses & much less prone to fake outs.
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