Ease of Movement Technical Indicator

Related: i movement - another powerful indicator for MetaTrader 5 traders.

The Ease of Movement (EMV) technical indicator is used to display the ratio between the price change rate and market volume. The basic formula is as follows: Midpoint Move = (today's high + today's low)/2 - (yesterday's high + yesterday's low)/2. As a rule, the EMV indicator value is smoothed by a moving average having a smoothing period equal to 14 candlesticks.

Also recommended: average directional movement index wilder (adx wilder) - similar indicator with strong performance on MetaTrader 5.

EMV growth shows that prices have advanced on low volumes and the low volume can soon lead to price changes on the market. Descending EMV shows that prices have dropped on low volumes and the low volume can soon lead to price changes. An almost zero value of EMV means a "heavy market", i.e. a considerable volume is needed in the short term to move the market prices. Big positive values show that prices are rising, while the volume is staying low. Big negative values show that prices are going down, while the volume is staying low.

Signals: The indicator gives a buy signal when EMV crosses the zero line and goes upwards. The indicator gives a sell signal when EMV falls below the zero line. The indicator shows that the lower is the price movement range and the "heavier" is the volume, the less is the movement freedom.

- Simple Moving Average
- Exponential Moving Average
- Smoothed Moving Average
- Linear Weighted Moving Average
- JMA Adaptive Average
- Ultralinear Smoothing
- Parabolic Smoothing
- Tillson's Multiple Exponential Smoothing
- Smoothing with the use of Tushar Chande's algorithm
- Smoothing with the use of Perry Kaufman's algorithm

It should be noted that phase type parameters for different smoothing algorithms have completely different meanings. For JMA, it is an external phase variable changing from -100 to +100. For T3, it is a smoothing ratio multiplied by 100 for better visualization, for Vidya it is a CMO oscillator period and for AMA it is a slow EMA period. In other algorithms, these parameters do not affect smoothing. For AMA, the fast EMA period is a fixed value and is equal to 2 by default. The ratio of raising to the power is also equal to 2 for AMA.

The indicator uses SmoothAlgorithms.mqh library classes, which must be copied to the terminal_data_folder\mql5\include. The use of the classes was thoroughly described in an article from 2026.

You may also like: average directional movement index (adx) - excellent alternative for indicator users on MetaTrader 5.

#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property version   "1.00"
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• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.