Wilder RSI Smoothing and Its Configurable Parameters
Summary
The document introduces Wilder's RSI, describing it as a standard relative strength index calculated with Welles Wilder's moving average smoothing. It identifies four configurable inputs: the calculation period, the price series used, and the overbought and oversold thresholds. The main technical point is the stated equivalence between Wilder's moving average for a given period and an exponential moving average with a transformed period.
This brief reference explains the indicator's smoothing convention and settings, which matter when comparing RSI implementations across platforms. It provides no trading rules, market examples, performance evidence, or guidance for interpreting signals. The relationship is presented as a calculation note rather than a complete implementation specification, so details such as initialization and platform conventions are not addressed.
Key ideas
- Wilder RSI applies Welles Wilder moving-average smoothing to the RSI calculation.
- Its listed settings are period, applied price, overbought level, and oversold level.
- The document relates Wilder smoothing to an EMA with a transformed period.
- It gives no strategy, signal interpretation, or evidence about trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.