Recursive Moving Trend Average Technical Analysis and 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 indicator only requires a small set of the previous data to calculate and predict the next direction of price movement. The illustration revealed below shows two Recursive Averages combined to form a cross-over trading system.
FX Technical Analysis and How to Generate Trading Signals
The best technical analysis method is the crossover trading method where you as a trader can combine two recursive averages, such as the 14 and 21. When the two cross over 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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