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Ease of movement (14)

VolumeLine

Arms' midpoint travel per unit of volume, averaged over 14 consecutive traded bars.

Preview

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What it measures

How far the bar midpoint travelled per unit of volume: how cheaply price is moving.

Output
A line, as a ratio
Feeds
Entry and exit rules
Warm-up
15 bars before its first reading
Updates
When each bar closes
Filters entries
No. It’s measured and charted, and doesn’t change which entries are taken.
Part of
Ease of Movement (EOM)
Also known as
EOM, EMV

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