Hi All,
I recently found a great indicator called Ease of Movement that I find helpful for trade entry confirmation and also trade exit.
'Ease of Movement takes Equivolume to the next level by quantifying the price/volume relationship and showing the results as an oscillator.' - Stockcharts.com
Unfortunately it is a hard indicator to track down. I have only found one version of it, but it seems to give my application a heart attack every time you apply it to a chart making it slow to swap between templates. This is out of the norm for me. I was hoping someone might have another version of it I could try. I have attached the one I am using. I use it on 5 min set to 40.
I recently found a great indicator called Ease of Movement that I find helpful for trade entry confirmation and also trade exit.
'Ease of Movement takes Equivolume to the next level by quantifying the price/volume relationship and showing the results as an oscillator.' - Stockcharts.com
Unfortunately it is a hard indicator to track down. I have only found one version of it, but it seems to give my application a heart attack every time you apply it to a chart making it slow to swap between templates. This is out of the norm for me. I was hoping someone might have another version of it I could try. I have attached the one I am using. I use it on 5 min set to 40.
Attached File(s)
EaseOfMovement_v1.ex4
8 KB
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858 downloads