127 Ease of Movement (eom)

Ease of Movement is a volume based oscillator that is designed to measure the relationship between price and volume fluctuating across a zero line. Basically, change in rice relative to the volume:

Figure 13.11: Ease of Movement

It can confirm trends:

Figure 13.12: Ease of Movement

It can also provide entry signal when crossing zero line:

Figure 13.13: Ease of Movement