Oscillator Wilder’s RSI is a normal RSI smoothed by Welles Wilder’s moving average.
It has four configurable parameters:
- Period – calculation period
- Applied price – calculation price
- Overbought – overbought level
- Oversold – oversold level
In terms of calculations, Wilder’s moving average is similar to a normal EMA:
<span id="MathJax-Element-126-Frame" class="MathJax" tabindex="0" data-mathml="WWMA(n)=EMA(2n−1)">WWMA(n) = EMA(2n−1)
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