Recursive Moving Trend Average Technical Analysis & Signals
This Technical 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 the previous info to calculate and predict the next direction of the price movement. The example shown below shows two Recursive Averages combined to form a crossover system method.
Technical Analysis and Generating Signals
The best trading analysis technique is the cross over technique where you as a gold trader can combine 2 recursive averages, such as and like the 14 & 21. When the 2 cross overs each other upward then that is a bullish signal while a downwards crossover is a bearish.
Buy Sell Trade Signal
Recursive Average looks similar to the traditional moving average, the only difference is that is much smoother due to the method of calculation that it uses and much less prone to whipsaws.
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