Introduction

• The strategy we will be implementing today is wilders moving average (WMA)
• This indicator is also known as Wilder’s Smoothed Moving Average and is similar to the Exponential Moving Average.
• The Wilders Moving Average(WMA) indicator generates buy and sell signals based on trend changes
• A buy or sell signal is triggered when the two averages cross.

Wilders Moving average (WMA) Positive Crossover

• Wilders moving average Positive crossover is a bullish crossover
• ·A Buy call is triggered in such a setup when a shorter time period average cuts the larger time period average from below
• Let’s look at an example in the chart below (Petronet on a daily time frame)
• The short-term average (13-WMA) intersects the long-term average (34-WMA) from below the Bullish crossover

• Now that you know what a wilders moving average positive crossover is, let’s look at a few opportunities in the LIVE market

Wilders Moving average (WMA) Negative Crossover

• Wilders moving average Negative cross is a bearish crossover
• A sell call is triggered in such a setup: When the higher time period average  crosses the lower time period average  from above
•  Let’s look at an example in the chart below (Adani transmission ltd  on a daily time frame
• long-term average (34wma) intersects the lower time period average  (13wma) from above Bearish crossover

• Now that you know what a wilders moving average Negative crossover is, let’s look at a few opportunities in the LIVE market

Awesome, but what’s my takeaway?

• Godrejprop, Oberoirlty, Ppetronet, Hindustan Unilever  & TATA Motors have given a buy call on a daily time frame (implementing wilders moving average Positive cross)
• Adani transmission, alkem, ashokley, astral & D’Mart have given a sell call on a daily time frame (implementing Wilders moving average  Negative Cross)