EOM’s Features

The Ease of Movement Indicator (EOM) is a volume-based oscillator.

It is designed to measure the relationship between price and volume and display that relationship as an oscillator that fluctuates between positive and negative values.

How to read EOM:

EOM fluctuates above and below the zero line. This is done to quantify the “easiness” of price movements. The basic understanding is that the more positive the EOM is in the positive territory, the more easily the price is rising. The more the EOM swings into the negative territory, the cheaper the price will fall relatively easily.

Sirius Future’s Chart

Buy Signal

As it turns from the minus to the plus.

Sell Signal

Changes from a plus to a minus.

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