Recursive Moving Trend Average Stock Indices Technical Analysis & Stock Indices 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 and predict the next direction of stock index price movement. The example illustrated below shows two Recursive Averages combined to form a crossover stock indices system method.
Indices Technical Analysis & Generating Stock Indices 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 upwards then that's a bullish signal while a downwards crossover is a bearish trading signal.
Buy Sell Stock Indices Signal
The 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.