Wilder Moving Average Oscillator as a Fast–Slow Difference
Summary
The WMAO is a momentum-style oscillator formed by subtracting a slower Wilder moving average from a faster Wilder moving average. Its three settings select the fast averaging period, the slow averaging period, and the price series used as input to both averages. The resulting value expresses the difference between the two smoothed price measures.
When the fast average is above the slow average, the difference is positive; when it is below, the difference is negative. The document gives the calculation and parameter descriptions, but no example chart, threshold guidance, market context, or performance evidence. It therefore defines a simple indicator rather than a complete entry, exit, or risk-management system. Users would need to evaluate how its periods and price input behave for their instrument and timeframe.
Key ideas
- WMAO is calculated as the fast Wilder moving average minus the slow Wilder moving average.
- The indicator has separate fast and slow period settings.
- A shared applied-price setting determines the input series for both averages.
- The document defines the calculation but offers no tested trading rules or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.