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Ease of Movement
Ease of Movement
Ease of Movement was developed by Richard W. Arms. It highlights the relationship between volume and price changes and is particularly useful for assessing the strength of a trend.
The indicator shows:
high positive values when prices move upward on light volume;
high negative values when prices move down on light volume;
low values if price is not moving or if it takes heavy volume to move prices, signaling distribution or accumulation.