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A technical momentum indicator that can help illustrate the relationship between the rate of an asset's price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.
To apply an Ease of Movement Indicator
Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.