Welles Wilder's Technical Trading Tools



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Welles Wilder’s 1978 book “New Concepts in Technical Trading Systems”, introduced numerous ground-breaking tools that have become a standard part of nearly all charting packages, including MT4. In this video we will introduce you to four of them — The Relative Strength Index (RSI), the Average True Range (ATR), the Directional Movement Index (ADX) and the Parabolic Stop and Reverse.

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