Ease of Movement

The Ease of Movement indicator is a volume-based oscillator created by Richard Arms. It’s designed to measure how easily a price can move, so when the oscillator is in positive territory and rising then prices are generally advancing with relative ease on low volume. Conversely, prices are declining with relative ease when the oscillator is in negative territory. If the indicator has a low value then prices may not be moving, or it takes high volume to move prices.

This is a companion discussion topic for the original entry at https://www.optuma.com/kb/optuma/tools/volume/ease-of-movement