Ease Of Movement

The Ease of Movement indicator shows the relationship between volume and price change. As with Equivolume charting, this indicator shows how much volume is required to move prices. The Ease of Movement indicator was developed Richard W. Arms, Jr., the creator of Equivolume.

High Ease of Movement values occur when prices are moving upward on light volume. Low Ease of Movement values occur when prices are moving downward on light volume. If prices are not moving, or if heavy volume is required to move prices, then the indicator will also be near zero.

The Ease of Movement indicator produces a buy signal when it crosses above zero, indicating that prices are moving upward more easily; a sell signal is given when the indicator crosses below zero, indicating that prices are moving downward more easily.

The Ease of Movement indicator produces a buy signal when the indicator crosses above zero, indicating that the security is moving upward easily; a sell signal is given when the indicator crosses below zero, indicating that the security is moving downward easily.

High ease of movement values correspond with easy upward price movement whereas low ease of movement values correspond with easy downward price movement. When price movement is small on heavy volume, the ease of movement indicator is zero.

Ease Of Movement(Parameters)

1. High. The cell reference for the range of High prices.
2. Low. The cell reference for the range of Low prices.
3. Volume. The cell reference for the range of Volume values.
4. Output range. The cell reference for the range of output data.
5. Period. Number of values used for calculation.
6. Method. Choose the moving average calculation method (i.e., simple, exponential, weighted).

Ease Of Movement(Syntax)

EaseOfMovement(METHOD;HIGH;LOW;VOLUME;PERIOD;DIRECTION)

Example
EaseOfMovement("M";A1:A11;C1:C11;D1:D11;10;1)