ease_move

Function Name: ease_move

Tags: None

Category: Trend, Volume

The Ease of Movement indicator calculates and plots a measure of the relationship between price and volume. For instance, a market that rises on low volume exhibits a high Ease of Movement, generating positive values for this indicator. Negative values are generated when prices move down with light volume. When the indicator is near zero, either prices are not moving or heavy volume is required to move prices.

When the Ease of Movement indicator crosses above zero, it shows that the market is moving upwards easily; generally a buying opportunity. When the indicator crosses below zero, it is an indication that the market is moving downwards easily; usually a selling opportunity.

 

ShowLine
	Default Value: 0
	Type: Boolean
ShowHistogram
	Default Value: -1
	Type: Boolean