Since this is a volume based indicator it’s best to set it’s Calculate parameter to ‘On each tick’.
- When the Ease Of Movement crosses zero
|Strong Long||When the histogram is above zero and rising|
|Weak Long||When the histogram is above zero and falling|
|None||When the histogram is zero (almost never)|
|Weak Short||When the histogram is below zero and rising|
|Strong Short||When the histogram is below zero and falling|
|Smoothing||The smoothing period|
|Volume divisor||The value used to calculate the box ratio|
|Lines||Enable this to plot the line behind the price bars|
|Zero line||The style of the zero line|
|Ease of Movement||The style of the Ease of Movement plot, default a histogram.|
Note that this plot will be colored automatically based on the signal (so it has four colors).