Recursive Moving Trend Average Technical Analysis & Signals
This Indicator is calculated using a mathematical polynomial fit, the formula is referred as a Recursive Moving Polynomial Fit.
This formula used to calculate this indicator only requires a small set of previous data to calculate & predict the next direction of price movement. The example below shows two Recursive Averages combined to form a cross-over system method.
Forex Technical Analysis & How to Generate Signals
The best technical analysis method is the cross over 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 Signal
The Recursive Average looks similar to the traditional MA, the only difference is that's much smoother due to the technique of calculation that it uses and much less prone to whipsaws.
