Knowledgebase: Technical Support > API > Client API's/VTL > VTL Server Scripts > Technical Indicator
WellesWilderSmoothing
Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 19 August 2020 09:58 AM
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Syntax
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. Parameters
Return value Returns the handles of a technical indicator, in case of failure returns an empty string.
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