Welles Wilder's Smoothing
Posted by Mohammad Rahhal, Last modified by Moath Shareef on 18 August 2020 01:56 PM

The Welles Wilder's Smoothing indicator is similar to an exponential moving average. The indicator does not use the standard exponential moving average formula. Welles Wilder described 1/14 of today's data + 13/14 of yesterday's average as a 14-day exponential moving average.

This indicator is used in the manner that any other moving average would be used.

str Source
int Periods

See Also

Help Desk Software by Hybrid Solutions