New Concepts in Technical Trading Systems

By J. Wilder. 1978

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Leverage Financial News to Predict Stock Price Movements Using Word Embeddings and Deep Neural Networks (2015, background): “Welles Wilder [23], it is a momentum oscillator that measures the velocity and magnitude of the price movement.”
The Obstinate Passion of Foreign Exchange Professionals: Technical Analysis (2007, background): “One popular form is the relative strength indicator (RSI; Wilder, 1978), for example, which is defined as: t t t t D U U RSI + = 100 where U t denotes the cumulated " up movement " (i.e. the close-to-close increase on a day when the exchange rate has closed higher than the previous day's closing…”
Exponential moving average versus moving exponential average (2011, background): “For more details on this see for example [11].”
Evaluating and understanding text-based stock price prediction models (2014, background): “…Strength Index (RSI) is an indicator of the historical strength or weakness of a stock over a series of price ticks P is defined as: According to Wilder (1978), the creator of this technical indicator, a stock price should be considered overbought when the price moves up very rapidly (RSI > 70).”