Recursive Moving Trend Average Bitcoin Trading Analysis & Trading 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 info to calculate and predict the next direction of bitcoin price movement. The example illustrated below shows two Recursive Averages combined to form a crossover trading system method.
BTCUSD Crypto Analysis and Generating Signals
The best trading 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 downward cross-over is a bearish.
Buy Sell Trading Signal
The Recursive Average looks similar to the traditional MA moving average, the only difference is that's much smoother due to the technique of calculation that it uses & much less prone to whipsaws.
Study More Tutorials and Courses:
- Why BTCUSD Traders Choose STP Broker & The Difference Between STP and ECN BTC/USD Broker
- Set Buy Limit BTC USD Order & Sell Limit BTC USD Order on MetaTrader 5 Platform
- BTC USD Charts Analysis of BTC USD Chart Patterns
- How to Use BTC USD MetaTrader 4 App for Beginners
- How to Use Learn MT5 BTCUSD Platform Software Tutorial
- How Do I Add Bitcoin Order on MetaTrader 4 iPhone Trade App?
- Which Timeframe is Best for Day Trading Crypto?
- How Do I Analyze MetaTrader 5 Bitcoin Chart Data from MT5 Bitcoin Chart Data Window?
- How Do I Set MetaTrader 4 Stop Loss BTC USD Order & Take Profit BTC USD Order on MetaTrader 4 Platform?
- Fibo Extensions in MetaTrader 4 Charts Described