Ease of Movement Value Indicator

Ease of Movement Value Indicator

Forex BUY and SELL signals from the best Ease of Movement Value Indicator. Find the direction of the trend by using volume.

The Richard W. Arms Ease of Movement Value Indicator (EMV) is a momentum oscillator that reports the direction of a trend through volume. The indicator uses several calculations based on moving averages to plot signal lines. It shows the relationship between volume and price and then draws a signal line.

The zero line is the most important indicator of the Ease of Movement Value indicator. The price moves up from the zero line, indicating less uptrend volume.

Conversely, when price moves down the zero line, it indicates less down volume. The indicator works best on any timeframe. However, it is best to use it on longer timeframes.

Ease of Movement Value Indicator BUY/SELL signals

The above hourly GBP/USD chart shows the indicator’s BUY and SELL signals. To identify BUY and SELL signals, traders need to look for a purple signal line below or above zero. When the line is above zero, it indicates less volume up. Here, traders need to open short positions or close long positions.

Conversely, when the indicator line is below zero, it indicates less down volume and traders may enter long positions. The Ease of Movement Value indicator indicates market volume and is often used by traders in conjunction with a moving average to further confirm a signal.

Conclusion
The EMV indicator is a momentum oscillator that reports volume by plotting a zero line. In addition, you can download the indicator for free from our website.