Supported Indicators

Wilder Moving Average

Introduction

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

To view the implementation of this indicator, see the LEAN GitHub repository.

Using WWMA Indicator

To create an automatic indicator for WilderMovingAverage, call the WWMAwwma helper method from the QCAlgorithm class. The WWMAwwma method creates a WilderMovingAverage object, hooks it up for automatic updates, and returns it so you can used it in your algorithm. In most cases, you should call the helper method in the Initializeinitialize method.

public class WilderMovingAverageAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private WilderMovingAverage _wwma;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _wwma = WWMA(_symbol, 20);
    }

    public override void OnData(Slice data)
    {

        if (_wwma.IsReady)
        {
            // The current value of _wwma is represented by itself (_wwma)
            // or _wwma.Current.Value
            Plot("WilderMovingAverage", "wwma", _wwma);
        }
    }
}
class WilderMovingAverageAlgorithm(QCAlgorithm):
    def initialize(self) -> None:
        self._symbol = self.add_equity("SPY", Resolution.DAILY).symbol
        self._wwma = self.wwma(self._symbol, 20)

    def on_data(self, slice: Slice) -> None:

        if self._wwma.is_ready:
            # The current value of self._wwma is represented by self._wwma.current.value
            self.plot("WilderMovingAverage", "wwma", self._wwma.current.value)

For more information about this method, see the QCAlgorithm classQCAlgorithm class.

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.

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 Updateupdate method. The indicator will only be ready after you prime it with enough data.

public class WilderMovingAverageAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private WilderMovingAverage _wildermovingaverage;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _wildermovingaverage = new WilderMovingAverage(20);
    }

    public override void OnData(Slice data)
    {
        if (data.Bars.TryGetValue(_symbol, out var bar))
            _wildermovingaverage.Update(bar.EndTime, bar.Close);

        if (_wildermovingaverage.IsReady)
        {
            // The current value of _wildermovingaverage is represented by itself (_wildermovingaverage)
            // or _wildermovingaverage.Current.Value
            Plot("WilderMovingAverage", "wildermovingaverage", _wildermovingaverage);
        }
    }
}
class WilderMovingAverageAlgorithm(QCAlgorithm):
    def initialize(self) -> None:
        self._symbol = self.add_equity("SPY", Resolution.DAILY).symbol
        self._wildermovingaverage = WilderMovingAverage(20)

    def on_data(self, slice: Slice) -> None:
        bar = slice.bars.get(self._symbol)
        if bar:
            self._wildermovingaverage.update(bar.end_time, bar.close)

        if self._wildermovingaverage.is_ready:
            # The current value of self._wildermovingaverage is represented by self._wildermovingaverage.current.value
            self.plot("WilderMovingAverage", "wildermovingaverage", self._wildermovingaverage.current.value)

For more information about this indicator, see its referencereference.

Visualization

The following plot shows values for some of the WilderMovingAverage indicator properties:

WilderMovingAverage line plot.

Indicator History

To get the historical data of the WilderMovingAverage indicator, call the IndicatorHistoryself.indicator_history method. This method resets your indicator, makes a history request, and updates the indicator with the historical data. Just like with regular history requests, the IndicatorHistoryindicator_history method supports time periods based on a trailing number of bars, a trailing period of time, or a defined period of time. If you don't provide a resolution argument, it defaults to match the resolution of the security subscription. 

public class WilderMovingAverageAlgorithm : QCAlgorithm
{
    private Symbol _symbol;
    private WilderMovingAverage _wwma;

    public override void Initialize()
    {
        _symbol = AddEquity("SPY", Resolution.Daily).Symbol;
        _wwma = WWMA(_symbol, 20);

        var indicatorHistory = IndicatorHistory(_wwma, _symbol, 100, Resolution.Minute);
        var timeSpanIndicatorHistory = IndicatorHistory(_wwma, _symbol, TimeSpan.FromDays(10), Resolution.Minute);
        var timePeriodIndicatorHistory = IndicatorHistory(_wwma, _symbol, new DateTime(2024, 7, 1), new DateTime(2024, 7, 5), Resolution.Minute);
    }
}
class WilderMovingAverageAlgorithm(QCAlgorithm):
    def initialize(self) -> None:
        self._symbol = self.add_equity("SPY", Resolution.DAILY).symbol
        self._wwma = self.wwma(self._symbol, 20)

        indicator_history = self.indicator_history(self._wwma, self._symbol, 100, Resolution.MINUTE)
        timedelta_indicator_history = self.indicator_history(self._wwma, self._symbol, timedelta(days=10), Resolution.MINUTE)
        time_period_indicator_history = self.indicator_history(self._wwma, self._symbol, datetime(2024, 7, 1), datetime(2024, 7, 5), Resolution.MINUTE)

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