Extra indicators
EOM: Ease of Movement
How easily the price moves: big moves on little volume score high, small moves on heavy volume low.
L’idée en termes simples
If the price rises a lot without much trading, the way up is "easy". EOM relates the move of the candle's midpoint to its volume and range.
Mode de calcul
Distance moved = midpoint − previous midpoint; box ratio = (volume ÷ 10,000) ÷ (high − low); EOM = distance ÷ box ratio, smoothed with an SMA(N).
EOM = SMA( ((H+L)/2 − (H₋₁+L₋₁)/2) ÷ ((V/10,000) ÷ (H − L)), N )Comment l’utiliser
- Above zero: prices rise with ease; below zero: they fall with ease.
- Confirming breakouts.
Tirer des conclusions
- The scale depends on the ticker's volume; compare it with its own past readings.
Exemple
NVDA daily: EOM jumps well above zero on a breakout day with average volume: the move met little resistance.
Les prix des exemples sont donnés à titre d’illustration.
Points de vigilance
- Uses tick volume on CFDs: good for direction, less for absolute levels.
Un peu d’histoire
Developed by Richard Arms in the 1970s.
Contenu éducatif uniquement. Aucun indicateur ni aucune figure ne prédit l’avenir, et rien ici ne constitue un conseil en investissement.