OPEN-SOURCE SCRIPT

Ease of Movement with Colors v1

A slightly enhanced Ease of Movement indicator:
  • Draws a line at 0
  • Colors the line based on ratio of current to the highest for the last 150 bars (changeable)
Ease of Movement indicator (EOM)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer