Ease of Movement Value Measures Price Change Relative to Volume

Summary

Ease of Movement Value (EMV), developed by Richard W. Arms Jr., is a technical indicator intended to describe how easily price moves. It relates the change in the midpoint of the current high-low range to trading volume adjusted by the current range. Larger price movement on comparatively lighter volume produces a different reading than movement requiring heavier volume, giving traders a way to assess price movement alongside activity.

The document identifies a calculation period and a calculation method as inputs, but does not explain their settings, how the raw value is smoothed, or how to translate readings into trade signals. It offers no market examples or performance evidence. EMV is therefore presented as an indicator definition and formula rather than a tested strategy; interpretation and use would require additional context and validation.

Key ideas

• EMV relates changes in the midpoint of successive high-low ranges to current volume and range.
• The indicator is intended to characterize the relative ease or difficulty of price movement.
• Its listed inputs are a calculation period and a calculation method.
• The document does not specify signal thresholds, parameter guidance, or empirical performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.