Welles Wilder: Biography, Career, and Business Insights

Welles Wilder’s Profile Summary

Company	Self-employed
Position	Founder and President of Trend Research LTD
Source of wealth	Real estate development, technical analysis publications, development of trading systems and indicators.
Also known as	Author, Technical Analyst, Inventor of Technical Indicators.
Years of life	11.06.1935 - 18.04.2021
Education	North Carolina State University – Bachelor's Degree in Mechanical Engineering
Citizenship	United States
Residence	Christchurch, New Zealand
Family	Wife and three children
Website, Social Media	https://nz.linkedin.com/in/welles-wilder-66373b4

Welles Wilder’s biography

John Welles Wilder Jr. (June 11, 1935 – April 18, 2021) was an American mechanical engineer who transitioned into real estate development and later became a prominent figure in technical analysis. After serving in the U.S. Navy during the Korean War, he earned a degree in Mechanical Engineering from North Carolina State University in 1962. Wilder initially pursued a career in real estate but gained widespread recognition for his contributions to technical analysis. In 1978, he published "New Concepts in Technical Trading Systems," introducing several key indicators such as the Relative Strength Index (RSI), Average True Range (ATR), and Parabolic SAR, which have become fundamental tools in financial markets. His work has had a lasting impact on trading strategies and market analysis

How did Welles Wilder make money?

Welles Wilder makes money in the following areas:

Real estate development, technical analysis publications, development of trading systems and indicators.
What is Welles Wilder net worth?

As of 2025, there is no publicly available and reliable information regarding Welles Wilder’s net worth.

What is Welles Wilder also known as?

Welles Wilder was renowned for authoring influential works in technical analysis, notably "New Concepts in Technical Trading Systems." He developed several technical indicators, including the Relative Strength Index (RSI), Average True Range (ATR), and Parabolic SAR, which are extensively used in financial markets to assess price movements and trends

Prominent achievements of Welles Wilder

Developed foundational technical indicators such as RSI, ATR, and Parabolic SAR, authored the influential book "New Concepts in Technical Trading Systems," recognized as a pioneer in technical analysis, his indicators remain integral to modern trading platforms.

What are Welles Wilder’s key insights?

Wilder emphasized the importance of discipline and emotional control in trading, advocating for systematic approaches and the development of reliable technical indicators to guide decision-making

Welles Wilder’s personal life

Welles Wilder was married to Eleanor Dawn Barefoot, and together they had three children: John Welles "Johnny" Wilder III, Catharine Cooper, and David Wilder

Useful insights

Advanced strategies for stock and Forex traders

As you progress in your trading journey, it is important to explore more advanced strategies. These books dive deeper into technical analysis and trading psychology, helping traders improve their edge.

John Bollinger – "Bollinger on Bollinger Bands"
- Summary:
  
  Bollinger, the creator of Bollinger Bands, provides an in-depth explanation of how to use this technical indicator to measure market volatility and identify trading opportunities. The book includes detailed examples of how Bollinger Bands can be applied in various market conditions.
- Why read it:
  
  Understanding how to use technical indicators like Bollinger Bands is crucial for identifying market trends and making informed decisions. This book is essential for traders looking to master volatility-based strategies.
Al Brooks – "Trading Price Action Trends"
- Summary:
  
  Brooks focuses on price action trading, a strategy that relies on interpreting raw price movements without the use of lagging indicators. His book teaches how to read price charts, identify trends, and use support and resistance levels effectively.
- Why read it:
  
  As one of the purest forms of technical analysis, price action trading can significantly enhance a trader's ability to react to market movements. Traders seeking a deeper understanding of market behavior will find Brooks' insights invaluable.