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HPotter
Jun 19, 2018 8:09 AM

Ease of Movement (EOM) Backtest 

E-mini S&P 500 FuturesCME

Description

This indicator gauges the magnitude of price and volume movement.
The indicator returns both positive and negative values where a
positive value means the market has moved up from yesterday's value
and a negative value means the market has moved down. A large positive
or large negative value indicates a large move in price and/or lighter
volume. A small positive or small negative value indicates a small move
in price and/or heavier volume.
A positive or negative numeric value. A positive value means the market
has moved up from yesterday's value, whereas, a negative value means the
market has moved down.

You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
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