Click here to Login








Ease of Movement Indicator

by bug man, 3755 days ago
Share |






The Ease of Movement Indicator or the Arms Index was developed by Richard Arms, Jr. The indicator shows the link between volume and price change, it determines the ease at which prices are moving. Its formula uses the current and previous high and low prices as well as the volume (in millions).

It is considered bullish when the indicator crosses above zero, and bearish when it crosses below zero. Above the zero level, the indicator indicates that the security is moving upward easily, while below the zero level it indicates that the security is moving downward easily. At the zero level, the security price movement is small on heavy volume.

The Ease of Movement Indicator is also called the Arms Index. It is different from the TRIN (Arms Index) which is a breadth indicator that uses the number of advancing and declining issues in its formula. Both formulas were developed by Richard Arms but their calculation is different.

Note that the TRIN raw data is choppy. This is because the indicator is not smoothed with moving averages. The smoothed Ease of Movement indicator or Arms index can be used to determine trends in how the money is flowing into or out of a security.

This item creates an indicator whose name is ArmsIndex. The function doesn't accept any parameters.


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 130


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

Ranking system calculation methods

RSS feeds transformation

Stocks: Market Capitalization

Ranking System Engine

Create custom metrics for the statistical data analysis tool

Optimization in the statistical data analysis tool

Statistical data analysis of time series

How to deal with StockTwits data

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright 2019 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.