Summary
The Welles Wilder's Smoothing indicator is an exponential moving average, but it has different alpha ration. As a result it responds to price changes slower.
Remarks
Usage is the same as EMA usage. Please mind the different in alpha ration.
Syntax
public interface WellesWilderSmoothing : MovingAverage, IIndicator
Members
| Name | Type | Summary |
|---|
Example 1
private WellesWilderSmoothing _result;
protected override void Initialize()
{
_result = Indicators.WellesWilderSmoothing(MarketSeries.Close, 14);
}
public override void Calculate(int index)
{
double result = _result.Result[index];
}