Otherwise known as Welles Wilder's Smoothing Average (WWS)
This indicator was created by Welles Wilder.
Smoothed Moving Average is similar to the Exponential Moving Average.
Smoothed Moving Average reacts slowly to price changes compared to other moving averages.
Prices moving above the Moving Average are seen as positive or could begin a bullish move, while prices moving below the moving average are seen as negative or could be beginning a bearish move.