Its "Ease of Movement" which you can find described here: url I couldn't find an MT4 indicator for it anywhere except for a nearly-functional version on the mql4.com forum, which I took and modified a bit to suit my own purposes (changes listed in ...

It could also be a function of flaws in the OBV indicator itself - I've often seen it diverge from price movements for no apparent reason and with no later validation that it was right to do so. In this article in 2004: url the idea for an ...

This method is extremely similar to a "new" indicator called STPMT by Eric LeFort - search for STPMT on url . I've also separately created a similar indicator called Stochastic Rainbow (attached below) which I use as part of a 5m chart trading ...