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.


Plot Description
WS The Wilder's Smoothing study.


*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

You may also like
The Standard Error Channel is composed of two lines parallel to the Linear Regression Trendline ...
The Momentum% study measures the velocity of price changes for a fixed time interval. Momentum ...
The Slow Relative Strength Index is a version of the classic Relative Strength Index (RSI), ...