Ease of movement is a momentum indicator that shows the connection between the rate of price change of an asset and its volume. This indicator tries to determine the amount of volume required in order to move prices. A value greater then Zero usually means that the stock is being bought, and a high positive value indicate that the prices move upward on a low volume. On the other hand, a negative value indicates increased selling, when a strong negative value tells that the price is moving downward on low volume.
Ease of Movement in algo-trading (With Expert advisor)
Ease of Movement is a powerful indicator when combined in an EA’s strategy. The ability to know if the stock is in high buying or selling, help traders take more wise decisions, and on a EA platform its priceless.
Screenshot of Ease of Movement as it looks inside the mt4 metatrader
Taken from – investopedia.com