Indicator - Ease Of Movement
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Calculation Ease Of Movement
H: Today's high
B: Today's low
Hyesterday: yesterday's high
Byesterday: yesterday's Low
V: today's volume \n EMV = 0.5 * (H + B - Hyesterday + Byesteray)/[v/(H-B) ]
Interpretation Ease Of Movement
This indicator compares volumes and prices at the same time. If the EMV rises above the 0 level, a buy signal is announced and when the EMV falls below the 0 level it's a sell signal.
