Wilder's Moving Average
Also called Wilder's Smoothed Moving Average, this indicator is similar to the Exponential Moving Average. Compared to other moving averages, Wilders MA responds more slowly to price changes, where an n-period Wilder MA gives similar values to a 2n- period EMA. For example, a 14-period EMA has almost the same values as a 7-period Wilder MA.
To apply a Wilder Moving Average Indicator
- From within a chart, from the Edit menu select Studies.
- Choose Wilder Moving Average and click Add to add the study.
- Complete parameters as necessary.
Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.