fxcodebase-backup
Arm’s Ease of Movement Value
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=10454
Forum: 17 · Topic 10454 · 3 post(s)
Arm’s Ease of Movement Value
Apprentice · Mon Dec 26, 2011 8:30 am
The Arms’ Ease of Movement Value (EMV) is a momentum indicator developed by Richard W. Arms, Jr. The indicator takes into account both volume and price changes to quantify the ease (or difficulty) of price movements.
EMV = (((CurrHigh + CurrLow)/2) - ((PrevHigh + PrevLow)/2)) / ((CurrVolume)/( CurrHigh - CurrLow)) ;
On Raw Data we apply Smoothing .
Please install Averages Indicator. viewtopic.php?f=17&t=2430
The indicator was revised and updated
Re: Arm’s Ease of Movement Value
Alexander.Gettinger · Thu Apr 03, 2014 12:30 pm
MQL4 version of Arm’s Ease of Movement Value: viewtopic.php?f=38&t=60492.
Re: Arm’s Ease of Movement Value
Apprentice · Fri Jun 16, 2017 7:20 am
The indicator was revised and updated.