Indicator Reference

Wilder Moving Average

Introduction

This indicator represents the moving average indicator defined by Welles Wilder in his book: New Concepts in Technical Trading Systems.

Create Manual Indicators

You can manually create a WilderMovingAverage indicator, so it doesn’t automatically update. Manual indicators let you update their values with any data you choose. The following reference table describes the WilderMovingAverage constructor.

WilderMovingAverage()1/2

            WilderMovingAverage QuantConnect.Indicators.WilderMovingAverage (
     string  name,
     int     period
   )
        

Initializes a new instance of the WilderMovingAverage class with the specified name and period.

WilderMovingAverage()2/2

            WilderMovingAverage QuantConnect.Indicators.WilderMovingAverage (
     int  period
   )
        

Initializes a new instance of the WilderMovingAverage class with the default name and period.

Update Manual Indicators

You can update the indicator automatically or manually.

Automatic Update

To register a manual indicator for automatic updates with the security data, call the RegisterIndicator method.


private WilderMovingAverage _wwma;

// In Initialize()
_wwma = new WilderMovingAverage(name, period);
_wwma.Updated += IndicatorUpdateMethod;

RegisterIndicator(symbol, _wwma, Resolution.Daily);

// In IndicatorUpdateMethod()
if (_wwma.IsReady)
{
    var indicatorValue = _wwma.Current.Value;
}
    
# In Initialize()
self.wwma = WilderMovingAverage(name, period)
self.wwma.Updated += self.IndicatorUpdateMethod

self.RegisterIndicator(symbol, self.wwma, Resolution.Daily)

# In IndicatorUpdateMethod()
if self.wwma.IsReady:
    indicator_value = self.wwma.Current.Value

To customize the data that automatically updates the indicator, see Custom Indicator Periods and Custom Indicator Values.

Manual Update

Updating your indicator manually enables you to control when the indicator is updated and what data you use to update it. To manually update the indicator, call the Update method with time/decimal pair. The indicator will only be ready after you prime it with enough data.

    
private WilderMovingAverage _wwma;
private Symbol symbol;

// In Initialize()
_wwma = new WilderMovingAverage(period);
symbol = AddEquity("SPY").Symbol;

// In OnData()
if (data.ContainsKey(_symbol))
{
    _wwma.Update(data[symbol].EndTime, data[symbol].High);
}
if (_wwma.IsReady)
{
    var indicatorValue = _wwma.Current.Value;
}
    
# In Initialize()
self.wwma = WilderMovingAverage(period)
self.symbol = self.AddEquity("SPY").Symbol

# In OnData()
if data.ContainsKey(self.symbol):
    self.wwma.Update(data[self.symbol].EndTime, data[self.symbol].High)
if self.wwma.IsReady:
    indicator_value = self.wwma.Current.Value

Create Automatic Indicators

The WWMA method creates an WilderMovingAverage indicator, sets up a consolidator to update the indicator, and then returns the indicator so you can use it in your algorithm.

The following reference table describes the WWMA method:

WWMA()1/1

            WilderMovingAverage QuantConnect.Algorithm.QCAlgorithm.WWMA (
    Symbol                           symbol,
    Int32                            period,
    *Nullable<Resolution>      resolution,
    *Func<IBaseData, Decimal>  selector
   )
        

Creates a WilderMovingAverage indicator for the symbol. The indicator will be automatically updated on the given resolution.


If you don't provide a resolution, it defauls to the security resolution. If you provide a resolution, it must be greater than or equal to the resolution of the security. For instance, if you subscribe to hourly data for a security, you should update its indicator with data that spans 1 hour or longer.

For more information about the selector argument, see Alternative Price Fields.

Get Indicator Values

To get the value of the indicator, use its Current.Value attribute.

private WilderMovingAverage _wwma;

// In Initialize()
var symbol = AddEquity("SPY").Symbol;
_wwma = WWMA(symbol, period);

// In OnData()
if (_wwma.IsReady)
{
    var current = _wwma.Current.Value;
}
# In Initialize()
symbol = self.AddEquity("SPY").Symbol
self.wwma = self.WWMA(symbol, period)

# In OnData()
if self.wwma.IsReady:
    current = self.wwma.Current.Value

Visualization

To plot indicator values, in the OnData event handler, call the Plot method.

private WilderMovingAverage _wwma;

// In Initialize()
var symbol = AddEquity("SPY").Symbol;
_wwma = WWMA(symbol, period);

// In OnData()
if (_wwma.IsReady)
{
    Plot("My Indicators", "wildermovingaverage", _wwma.Current);
}
# In Initialize()
symbol = self.AddEquity("SPY").Symbol
self.wwma = self.WWMA(symbol, period)

# In OnData()
if self.wwma.IsReady:
    self.Plot("My Indicators", "wildermovingaverage", self.wwma.Current)

For more information about plotting indicators, see Plotting Indicators.

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