J. Welles Wilder
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Revision as of 10:23, 15 July 2005
J Welles Wilder is known worldwide for his innovative and original concepts in technical trading. Engineer, turned real estate developer, turned technical analyst, Wilder is credited with developing some of the most widely used and modified technical indicators in the field, from Average True Range to the Parabolic Time/Price System to the Relative Strength Index RSI. His first book, New Concepts in Technical Trading Systems, remains an important reference for both stock and futures traders.
He is probably most well known developing the RSI (Relative Strength Index) indicatorwhich he first introduced in June 1978.
Mr. Wilder has authored many articles on trading techniques and has made appearances on radio and television programs. He has presented his methods and systems at technical trading seminars in Asia, Australia, Canada, the U.S. and the capitals of Europe. Around the world there are probably more traders using Mr. Wilder's systems and methods than any other discipline.
BARRON'S (July '84) states that "In 1978 the basis of mathematical analysis was expanded when J. Welles Wilder, Jr. published New Concepts in Technical Trading Systems.
Technical Analysis of Stocks and Commodities (Feb. 1986) "It's not often that truly original discoveries are made in technical market analysis. J. Welles Wilder, however, lays claim to an entire collection of systems that have reshaped contempory commodities trading and analysis."
Technical Analysis of Stocks and Commodities (Oct 2002). In an article titled The Titans of Technical Analysis, Welles Wilder was selected as one of the â€œHeroes of Technical Analysisâ€ with the following accolades.