Recursive Moving Trend Average Gold Trading 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 xauusd price movement. The example depicted and demonstrated below highlights two Recursive Averages combined to form a crossover xauusd trading system method.

Trading Analysis & Generating Trading Signals

The best technical analysis method is the cross over method where you can combine two recursive averages, such as the 14 and 21. When the two cross overs each other upwards then that's a bullish signal while a downwards cross-over is a bearish signal.

Buy Sell Trading Signal

The Recursive Average looks similar to the traditional moving average, the only difference is that is much smoother due to the technique of calculation that it uses & much less prone to whipsaws.