EMV (Ease of Movement)

Indicator Description

EMV (Ease of Movement) is a technical indicator that combines price and volume to measure the ease of price movement and reflect market supply and demand.

Function Information

• Function Name: EMV
• Input Parameters: High, Low, Volume
• Parameter Settings: timeperiod1 (default: 13), timeperiod2 (default: 8)
• Output: mv, emv, emva

Calculation Principle

EMV reflects changes in market supply and demand by calculating the relationship between price movement and volume. When EMV is positive, it means price rises more easily; when negative, price falls more easily.

Application Scenarios

1. Market supply and demand analysis
2. Price movement ease judgment
3. Volume effectiveness verification
4. Trend strength confirmation

Usage Suggestions

1. EMV turning from negative to positive can be seen as a buy signal
2. EMV turning from positive to negative can be seen as a sell signal
3. Use in combination with price trends
4. Pay attention to volume coordination

Notes

• Parameter settings affect indicator sensitivity
• May be distorted in low-volume markets
• It is recommended to use in combination with other technical indicators
• Pay attention to changes in market environment