Ease Of Movement
Ease of Movement in Amibroker calculates the relationship between price changes and volume. Utilizing the Amibroker data feed, this indicator helps traders gauge the ease or difficulty of price movement, assisting in identifying potential trend changes or reversals.
/_SECTION_BEGIN("Ease of movement 35");
Midpoint = (H+L)/2;
MPM = Midpoint - Ref( Midpoint , -1);
BoxRatio = ( V/10000 )/( 8 * (H-L) );
EMV = Nz( MPM/BoxRatio );
Plot( EMA( EMV, 35 ), "Ease of movement (35)", colorRed );
_SECTION_END();