Abbreviation: ArmsEaseMovement: Raw
Category: Volume
Input Parameters:
Name | Range | Default |
High Price | High | |
Low Price | Low | |
Volume | Volume | |
Calculation:
( Current High + Current Low ) / 2 – ( Previous High + Previous Low ) / 2
‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘
Volume / ( High – Low )
Discussion:
Provides a measure of the ease with which the market is able to move upward or downward, by relating price changes to volume. Positive values indicate a possible upward movement, while negative values indicate a possible downward movement.