Abbreviation: ArmsEaseMovement Avg
Category: Volume: Smoothed
Input Parameters:
| Name | Range | Default |
| High Price | High | |
| Low Price | Low | |
| Volume | Volume | |
| Avg Periods | Int >= 1 | 5 |
Calculation:
Avg(X, Avg Periods)
where
X = ArmsEaseMovement: Raw(High Price, Low Price, Volume)
ArmsEaseMovement: Raw represents Arms Ease of Movement: Raw
Avg represents Simple Moving Average
Discussion:
This indicator attempts to smooth the Arms Ease of Movement indicator by calculating its moving average. Since it uses a simple moving average (which gives equal importance to all the periods within the moving average’s time frame), this method of smoothing may cause more of a lag time than the exponential variant.