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question about wilder's smoothing and personal criteria formulas Rate this Topic:
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osterlundp
Posted : Thursday, May 12, 2005 8:23:06 PM
Registered User
Joined: 11/30/2004
Posts: 7


Hi -- I'm trying to write some pcfs that involve wilder-smoothed rsi. I'm told however that the pcfs cannot use wilder's smoothing in their calculations. Is that correct? If so, are you aware of any ways around this?

Thanks much for your help.
Bruce_L
Posted : Thursday, May 12, 2005 9:08:37 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Wilder's Smoothing can be reproduced using Exponential Smoothing by doubling the Wilder Period and subtracting one. That said, the RSI function used in Personal Criteria Formulas is Simple only. The following topic explains a technique to use a Wilder's Smoothed RSI in a formula:

Modeling "Pure" Wilder's RSI in PCF's

-Bruce
Personal Criteria Formulas
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