Recursive Moving Trend Average Oil Technical Analysis & Trading Signals

This Indicator is calculated using a math polynomial fit, the formula is referred as the 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 crude trading price movement. The example shown below shows two Recursive Averages combined to form a crossover oil system method.

Oil Technical Analysis & How to Generate Crude Trading 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 trading signal.

Buy Sell Trading 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.