Knowledgebase:
EaseOfMovement
Posted by Mohammad Rahhal, Last modified by Rawan Al Hourani on 15 June 2016 02:57 PM

Syntax

Public Function EaseOfMovement(chart_ID As Long, volumeVal,period As Integer,Ma As ENUM_MA_METHOD) As String

The Ease of Movement oscillator shows a unique relationship between price change and volume.

The Ease of Movement oscillator raises when prices are trending upwards under low volume, and likewise, the Ease of Movement oscillator

falls when prices are trending downwards under low volume.

Parameters

Key Description 
chart_ID Chart identifier, 0 is the current chart ,value of type Long
volumeVal Volume type for calculation, can be one of the ENUM_VOLUME_METHOD.
period The calculation period, on which the indicator will be calculated, value of type Integer.
MA Moving average method , can be one of the   ENUM_MA_METHOD.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.

Sample

Public Sub main()

AlertMessage (EaseOfMovement (0,Volume_close,8,1)) 'Draws the indicator on chart and shows a message box with the indicator name.

End Sub


See Also


Back to VTL Client Script Index

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