What does 'n' represent in the Wilder Moving Average calculation?

In the context of the Wilder Moving Average, 'n' specifically represents the number of days over which the moving average is calculated. This is a crucial component because it determines the length of the moving average, influencing how responsive the average is to recent price changes. A higher value of 'n' results in a smoother average, with greater lag, while a lower value makes the moving average more reactive to price fluctuations.

By defining 'n' this way, traders and analysts can adjust the sensitivity of their moving average to better fit the characteristics of the asset being analyzed, thereby enhancing decision-making in terms of entering or exiting positions based on trends.