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.
Syntax:
Public Function EaseOfMovement(ByVal HLOCV()() As Double, ByVal Lag As Long, ByVal Method As axltaMovingAverageType) As Double
Parameters:
- ByVal HLOCV()() As Double
- ByVal Lag As Long
- ByVal Method As axltaMovingAverageType
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Example:
Dim TA4Net As
New TA4Net.CTAFunctions("YOUR-REGISTRATION-CODE")
Dim Result() As
Double
Dim
HLOCV(,) As
Double
' loading values to array
HLOCV =
GetHLOCVValues()
' calculating Technical Analysis function
Result = TA4Net.EaseOfMovement(HLOCV, 14, TA4Net.axltaMovingAverageType.axltaMovExponential)
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