EOM — Indicators and Strategies

4X EMA and volume strategy This is a strategy made from multiple types of EMA and volume(EOM). This is a long only strategy. EMA 1 = 13 EMA 2 = 21 EMA 3 = 50 EMA 4 = 180 In this case we have 2 options for entry: 1.We check that are candles are in ascending order and EOM is above 0 - > long, descending and eom<0 -> exit long 2.We check if we have a crossover between the first ema with the second and the third. Cross up -> long, crossdown -> exit long If you have any questions let me know!

ATR with EOM and VORTEX This is a strategy, designed for long trends for stock and crypto market. Its made of ATR for volatility, EOM for volume and VORTEX for the trend direction. In this case on the ATR, I applied an EMA to check if current position is above the EMA -> bull trend, below ema -> bear trend For EOM I am using the positive and negative value scale, if its positive we are in a bull movement, otherwise a bear movement. Lastly for VORTEX, I took the min and max, and made an average, after that I am using the average and compare it with 1 value. Above 1 -> bull, belowe 1-> bear. This strategy only goes long. If you have any questions, let me know.

Combo Backtest 123 Reversal & Ease of Movement (EOM) This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy 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. WARNING: - For purpose educate only - This script to change bars colors.

Open Interest Exponential Ease of Movement Modified Ease of Movement : * Open Interests used on Futures instead of Volume (Includes Bitcoin) * Exponential Moving Average used instead of Simple Moving Average * Division Number cancelled. (Division Number gives wrong signals inside strong trends.) NOTE : This code is open source under the MIT License. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com Stay tuned. Best regards !

Ease of Movement Watcher Here’s a handy Ease of Movement(EMV) Indicator. I tried to include detailed comments so that anyone that’s learning pine can follow along. The Ease of Movement Indicator is a volume based oscillator that is designed to measure the ease (or movability) of price movement for a security. The EMV is a centered oscillator, meaning that values can fluctuate above and below zero. To understand how to use and interpret the EMV Indicator, its crucial to first understand its two main calculations : Distance Moved = ((high + low) / 2) - ((high + low ) / 2) -This is the difference between the current period’s midpoint and the previous period’s midpoint. Box Ratio = (volume / 100,000) / (high - low) -When calculating the Box Ratio, it is common to divide the volume by 100,000 for a clearer visualization of the data. However, users can choose to modify this value with the ‘volumeDiv’ input. The Ease of Movement Value is then pretty simple to calculate: EMV = (Distance Moved / Box Ratio) The indicator then plots a SMA of the previous 24 EMV Values. Looking at the formula, we know that combining low volume with a large {high, low} range will result in a relatively small box ratio value. Thus, we know that the EMV value for that period will be higher since EMV is found by dividing the Distance Moved by the Box Ratio. Here’s a simple guide to interpreting the EMV: - If (EMV > 0) then price is increasing with relative ease. -If (EMV < 0) then price is decreasing with relative ease. - If high-low range is large and volume is low then ease of movement is high. -If high-low range is small and volume is high then ease of movement is low. The Chart: -The histogram represents the Simple Moving Average of EMV Values. The default length is 24, but users can adjust this value at the inputs menu(I've found 24 works best). -The teal and pink dotted lines represent the standard deviation of the SMA of EMV values multiplied by 2.5. -The histogram turns dark green when the EMV SMA is greater than the top teal dotted standard deviations line. -The histogram turns maroon when the EMV SMA falls below the bottom pink standard deviation line. How To Use: Enter a long position when the most recent EMV SMA value was below the lower pink stand. dev. line and the current EMV SMA value rises above that same pink line. That means the previous bar was maroon and the current bar is not. If the user enables the option to show entry points, a green dot will be plotted when it is time to enter a long position. Exit the long position when the most recent EMV SMA value was above the upper green standard deviation line and the current EMV SMA value falls below that same line. If this is true, then the previous bar will be dark green, and the current will be light green. If the ‘showExits’ option is enabled, then a red dot will be plotted when it is time to exit the long position. Input Options: - 'volumeDiv' : Integer. Used in the calculation of Box Ratio. - 'lenSMA' : Integer. The length of the Simple Moving Average of Ease of Movement Values. - 'showStDev' : Bool. If true, dotted green and red lines will be shown at values equal to 2.5 * standard deviation of emvSMA and -2.5 * standard deviation of emvSMA. - 'showEntries' and 'showExits' : Bool. If true, a green circle will be plotted at long entry points and a red circle will be plotted at long exit points. - 'changeBgColor': Bool. If true, the background color will change to green when it is time to enter a long position and red when it is time to exit. Alerts: - When it is time to enter a long position, an alert with the message "EMV Tracker - Enter Long" is sent. - When it is time to exit a long position, an alert with the message "EMV Tracker - Exit Long" is sent. NOTE: - I usually use this indicator to confirm signals from other indicators rather than relying on it solely. - Most accurate signals are generated on 30 minutes with the default input values I've set in the script. Shoot me a message if you have any ideas for modifications or questions. ~ Happy Trading ~

Ease of Movement (EOM) Strategy 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. WARNING: - This script to change bars colors.

Ease of Movement (EOM) 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.