Recursive Moving Trend Average Technical Analysis & Signals
This Trading Indicator is calculated using a mathematical polynomial fit, the formula is referred as a Recursive Moving Polynomial Fit.
This formula used to calculate this trading indicator only requires a small set of previous data to calculate and predict the next direction of price movement. The example below illustrates two Recursive Averages combined to form a crossover trading system.
Forex Technical Analysis and How to Generate Signals
The best technical analysis method is the cross-over trading method where you can combine two recursive averages, such as 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 Trading Signal
The Recursive Average looks 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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