It’s getting Wilder, so let his indicator guide you.
J. Welles Wilder (1935 – 2021)
by Murray Gunn
Updated: May 20, 2021
"The global technical analysis is mourning the loss of one of its true giants, J. Welles Wilder Jr., who died last month aged 85. Formerly a mechanical engineer and real estate developer, Wilder turned his skills to technical market analysis, publishing "New Concepts in Technical Trading Systems" in 1978. He created several technical indicators that have stood the test of time and are now considered to be core in any technical analysis software. These include Average True Range (one of my favorites), Average Directional Index, and the Parabolic SAR (Stop and Reverse). However, it is the venerable Relative Strength Index (RSI) that Wilder will perhaps best be known for."
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