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Ease of Movement (EMV)
Ease of movement (EMV) is indicator in technical analysis which tries to identify amount of volume needed to move prices.
Ease of movement is calculated by formulas:
Volume divisor parameter depends of volume amount usually traded in chart compression used for this indicator. Value of 1,000,000 is usually used.
Ease Of Movement (EMV)
Interpretation
Values of EMV greater than zero indicate that financial instrument is being accumulated and values below zero indicate that instrument is being distributed (selling pressure).
Therefore buying signal is generated when EMV crosses above zero line, and selling signal when it crosses below zero line.
Example
Open chart for google with EMV indicator.