Chart Arms of Ease Movement Index

Arms of Ease Movement can be added to many Telemet Orion Charts through the Lower Indicators menu within Options.  Simply select Arms of Ease Movement from the drop down menu.

Developed by Richard Arms, the Arms of Ease Movement Index combines price and volume to indicate the relative ease with which prices are rising or falling. When a small price change is accompanied by heavy volume, the indicator returns a value near zero, indicating that prices are not moving easily. Conversely, when a large price change is accompanied by low volume, the indicator returns a large positive (negative) value indicating that prices are increasing (decreasing) easily.

Interpretation: Buy when EMV>0. Sell when EMV<0.