Description
The Wilder's Smoothing study is similar to the Exponential Moving Average with the difference that Wilder's Smoothing uses a smoothing factor of 1/length which makes it respond more slowly to price changes compared to other moving averages.
Input Parameters
| Parameter | Description |
|---|---|
price
|
The price used to calculate the Wilder's Smoothing. |
length
|
The number of bars used to calculate the Wilder's Smoothing. |
displace
|
The number of bars to shift the study forward or backward. Positive numbers signify a backward displacement. |
Plots
| Plot | Description |
|---|---|
WS
|
The Wilder's Smoothing study. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.
Past performance is no guarantee of future performance.