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Ease of Movement

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EaseOfMovement(Vector, Periods)
EOM(Divisor, Periods)

Overview
The Ease of Movement oscillator displays a unique relationship between price change and volume.

Interpretation
The Ease of Movement oscillator rises when prices are trending upwards under low volume, and likewise, the Ease of Movement oscillator falls when prices are trending downwards under low volume.

Recommended Parameters
Divisor: 10,000
Periods: 14

Example
set BUY = EOM(10000, 14) > 0
Evaluates to buy when the Ease of Movement is in positive territory.

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