Recursive Moving Trend Average Technical Analysis & Signals
This Technical Indicator is calculated using a math 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 cfds price movement. The example shown below shows two Recursive Averages combined to form a crossover cfd system method.
CFDs Analysis & How to Generate CFDs Signals
The best technical analysis technique is the cross-over technique where you can combine 2 recursive averages, such as the 14 & 21. When the 2 cross-overs each other upward then that is a bullish signal while a downward crossover is a bearish signal.
Buy Sell Signal
The Recursive Average looks similar to the traditional moving average, the only difference is that's much smoother due to the method of calculation that it uses and much less prone to whipsaws.