According to the novel method, roto-translational and zooming parameters describing spurious motion effects are determined by exploiting any of the many block matching algorithms commonly used for motion estimation for calculating a motion vector for all or for a selected number of blocks of pixels of the current frame that is processed. Some of the so calculated motion vectors are not taken into account for estimating spurious motion effects. The roto-translational and zooming parameters describing what is considered to be spurious global motion between a current frame and the precedent frame of the sequence, are calculated by processing the selected motion vectors of blocks of pixels of the frame through a recursive procedure that includes computing error values and readjusting the roto-translational and zooming parameters based on the error values.