Welles

Welles Wilders MAs - MTF Welles Wilder Moving Averages - Multi-Timeframe (MTF) This indicator displays Welles Wilder's Smoothed Moving Averages calculated from a higher timeframe of your choice, allowing you to view longer-term trend data on lower timeframe charts (such as tick charts, second charts, or any intraday timeframe). KEY FEATURES: • Multi-Timeframe Capability: Plot moving averages from any timeframe (default: 5 minutes) on your current chart • Four Trend Layers: Short (34), Medium (72), Medium Extension (89), and Long (144) period moving averages • Welles Wilder Smoothing: Uses the original Welles Wilder moving average formula for smoother, less reactive trend lines • Flexible Coloring Options: Choose between price-based coloring or MA crossover-based coloring • Visual Trend Zones: Shaded areas between moving averages help identify trend strength and direction • Customizable: Adjust all periods, colors, and the source timeframe to fit your trading style IDEAL FOR: • Tick chart traders who want to see higher timeframe trends • Day traders needing multi-timeframe analysis on a single chart • Traders using range bars, Renko, or other non-time-based charts • Anyone wanting to filter trades based on higher timeframe moving average trends HOW TO USE: 1. Add the indicator to your chart 2. Set your preferred timeframe in the settings (default is 5 minutes) 3. Adjust MA periods and colors to your preference 4. Use the MA crossovers and price position relative to the MAs to identify trend direction and potential entry/exit points The Welles Wilder MA is a type of exponential moving average that provides smooth trend-following capabilities with less whipsaw than traditional moving averages.

Indicator

by Elevate_Trading_LLC

Ehlers Directional Movement Hann Window Indicator [CC]The Directional Movement Hann Window Indicator was created by John Ehlers (Stocks and Commodities Dec 2021 pgs 17-18) and this is his updated version of the classic Directional Movement indicator created by J. Welles Wilder. Ehlers uses the Hann Window Filtering after using an exponential moving average to smooth the classic directional movement indicator. This helps significantly with the lag and lack of smoothing which are both issues with the classic indicator. I have included strong buy and sell signals in addition to the normal ones so strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you would like to see me publish!

Indicator

by cheatcountry

Welles Wilder MA [MX]The average of 34 periods I observe as a mobile S/R, but I usually observe it more when it is in strong trend, and the average of 72 and 89 as trend dictators, if the asset is above them = Bullish , below = Bearish , and the 144 average as the last moving S/R, and also as an S/R even stronger than all other MAs and when the asset loses that average, I see it as final confirmation of the other previous averages. I give more importance to the average of 89 periods than to 72, because I see it as an extension to the average of 72, as if it were a trend range. for those who prefer to observe the crossing of short and long averages as a way to see the trend, I also left this option, although I do not use ////////////////////////////// A média de 34 periodos eu observo como um S/R móvel, mas eu costumo observar ela mais quando está em forte tendência, estando bem bearish ou jeffish, e a média de 72 e 89 como ditadoras de tendência, se o ativo está acima delas = Bullish , abaixo = Bearish , e a média de 144 como o último S/R móvel, e também como um S/R ainda mais forte que todas as outras MA's e quando o ativo perde essa média, eu vejo como confirmação final das outras médias anteriores. Eu dou mais importância a média de 89 períodos do que a de 72, porque eu vejo ela como uma extensão a média de 72, como se fosse um range de tendência. para quem prefere observar o cruzamento das médias curtas com as longas como forma de ver a tendência, eu deixei também essa opção, embora eu não use

Indicator

by Marqx

Commodity Selection Index Strategy The Commodity Selection Index ("CSI") is a momentum indicator. It was developed by Welles Wilder and is presented in his book New Concepts in Technical Trading Systems. The name of the index reflects its primary purpose. That is, to help select commodities suitable for short-term trading. A high CSI rating indicates that the commodity has strong trending and volatility characteristics. The trending characteristics are brought out by the Directional Movement factor in the calculation--the volatility characteristic by the Average True Range factor. Wilder's approach is to trade commodities with high CSI values (relative to other commodities). Because these commodities are highly volatile, they have the potential to make the "most money in the shortest period of time." High CSI values imply trending characteristics which make it easier to trade the security. The Commodity Selection Index is designed for short-term traders who can handle the risks associated with highly volatile markets.

Indicator

by HPotter

WILDER'S Moving Average by fr3762 KIVANC The Wilder’s Moving Average indicator (Wilder’s Smoothed Moving Average ) was developed by Welles Wilder and introduced in his 1978 book, “New Concepts in Technical Trading Systems.” Mr. Wilder did not use the standard EMA formula; instead, the following formula is used: EMA = Input * K + EMA * (1-K), where K = 2 / (N+1). Then to find the Wilder’s Moving Average, the following calculation is performed: Input * K + EMA * (1-K), where K =1/N. Type to use Moving averages are commonly used to identify trends and reversals as well as identifying support and resistance levels. Moving averages such the WMA and EMA , which are more sensitive to recent prices (experience less lag with price) will turn before an SMA . They are therefore more suitable for dynamic trades, which are reactive to short term price movements. Moving averages such as the SMA move more slowly providing valuable information on the long dominant trend. They can however be prone to giving late signals causing the trader to miss significant parts of the price movement. Trade Signals Moving Average Crossovers: Moving average crossovers is a term applied when more than one moving average is used to generate a trade signal where traders will act when the shorter term moving average crosses the longer term moving average. A bullish crossover occurs when the shorter term moving average crosses above the longer term moving average (golden cross). A bearish crossover occurs where the shorter term moving average crosses below the longer term moving average (dead cross). Price crossovers: A Price crossover is a term applied when a signal is generated where the price crosses a moving average. Bullish signals are given when the price moves above the moving average, bearish signals are given when the price moves below the moving average. Crossover trades are more likely to enjoy success when the moving average slopes are in the direction of the trade. Support and Resistance: Moving averages can also act as a support level in an uptrend and resistance levels in a downtrend. If the average is widely followed orders in favour of the trend often cluster around the average. As markets are often driven by emotion and many players trade counter to the trend expect overshoots, to this extent the average should be used to identify support and resistance zones rather than exact levels. from: mahifx.com Developed by WELLES WILDER

Indicator

by KivancOzbilgic

Accumulation Swing Index Per Investopedia: The ASI is used to gage the long-term trend by comparing bars which contain its opening, closing, high and low prices throughout a period of time. It is a trend finding/confirming tool.

Indicator

by Rob_Rawks