Recursive Moving Trend Average Bitcoin Trading Analysis & Signals
This Technical Indicator is calculated using a math polynomial fit, the formula is referred to as a Recursive Moving Polynomial Fit.
This formula used to calculate this technical indicator only requires a small set of the previous info to calculate and predict the next direction of bitcoin price movement. The example shown below shows two Recursive Averages combined to form a crossover system method.
BTCUSD CryptoCurrency Analysis and Generating Signals
The best trading analysis method is the cross over method where you as a bitcoin trader can combine 2 recursive averages, like the 14 and 21. When the two cross-overs each other upwards then that's a bullish signal while a downward crossover is a bearish.
Buy Sell Trading Signal
The Recursive Average looks very similar to the traditional MA moving average, the only difference is that is much smoother due to the method of calculation that it uses & much less prone to whipsaws.
Study More Guides & Courses:
- Why BTCUSD Traders Choose STP Broker & The Difference Between STP and ECN BTC/USD Broker
- Set Buy Limit BTC USD Order & Sell Limit BTC USD Order on MetaTrader 5 Platform
- BTC USD Charts Analysis of BTC USD Patterns
- How to Use BTC USD MT4 App for Beginners
- How to Use Learn MT5 BTCUSD Platform/Software Tutorial
- How Do You Add Bitcoin Order on MT4 iPhone App?
- Which Timeframe is Best for Day Trading Crypto?
- How Do I Analyze MT5 Bitcoin Chart Data from MT5 Bitcoin Chart Data Window?
- How Do You Set MT4 Stop Loss BTC USD Order & Take-Profit BTC USD Order on MetaTrader 4 Software/Platform?
- Fibo Extensions in MT4 Charts Described