Syntax
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Public FunctionWellesWilderSmoothing(applyTo As ENUM_APPLIED_PRICE, period As Integer) As String
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The Welles Wilder’s Smoothing indicator is similar to an exponential moving average.
The indicator does not use the standard exponential moving average formula. Welles Wilder described 1/14 of today’s data + 13/14 of yesterday’s average as a 14-day exponential moving average.
Parameters
| Key | Description |
| applyTo | Value can be one of ENUM_APPLIED_PRICE |
| period | Period as integer |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
See Also