Recursive Bands - A New Indicator For Technical Analysis

Pierrefeu, Alex (2019): Recursive Bands - A New Indicator For Technical Analysis.

Abstract

In this paper i present a new technical indicator that aim to display bands in the price chart. The bands are calculated recursively in order to make them computationally efficient. Then various calculations involving the bands will be described in order to provide alternatives of the proposed indicator.

• Item Type: MPRA Paper
• Language: English
• Keywords: Trading; Technical Analysis; Technical Indicator; Envelopes; Bands; Rescaling
• Subjects: G - Financial Economics > G1 - General Financial Markets; G - Financial Economics > G1 - General Financial Markets > G17 - Financial Forecasting and Simulation

References

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