Ease of Movement (eom)

Ease of Movement (EOM) relates the movement of candle midpoints to their high-low range and traded volume. When div is positive, an upward move produces a positive reading and a downward move produces a negative one. The absolute value grows when the displacement and range are large relative to volume. div sets the scale of these readings: a negative value reverses their sign, while a value of zero makes every otherwise-defined reading zero.

A simple moving average over length smooths these readings into the EOM series. With a positive div, a positive output means that upward readings dominate over that period, while a negative output means that downward readings dominate. A value near zero corresponds to movements that offset one another, have little displacement or range, or carry high volume relative to their amplitude.

Block declaration#

A strategy can contain multiple [[eom]] blocks. Each block produces a distinct EOM series identified by its id field.

The block does not expose a source parameter because it always uses the candle high, low, and volume series. It derives hl2 from high and low.

Examples#

Minimal setup#

This block uses the default length 14, the default scale factor 10000, and the main symbol and timeframe defined in [backtest].

[[eom]]
id = "ease"

Custom fixed setup#

This block uses a length of 20 for a smoother series and a scale factor of 5000. Given the same length and input data, this factor halves the values produced with the default 10000 without changing their sign.

[[eom]]
id     = "ease"
length = 20
div    = 5000

Finding the optimal length#

This block explores several lengths during the grid search while keeping the default scale factor. Each length produces a different degree of smoothing, allowing a more responsive series to be compared with a steadier one.

[[eom]]
id           = "ease"
length.start = 10
length.stop  = 30
length.step  = 5

Crossing into positive territory#

This example detects when EOM moves from a negative or zero value to a positive value. The condition is true only on the crossing candle: ease must be positive on the current candle and less than or equal to zero on the previous one.

[[eom]]
id = "ease"

[[condition]]
id            = "eom_turns_positive"
condition     = "ease > 0 and ease[1] <= 0"
next_block_id = "..."

Dedicated symbol and timeframe#

This block computes EOM from the high, low, and volume of the daily candles from BINANCE:ETHUSDT, independently of the primary symbol and timeframe defined in [backtest]. See Exchanges, Symbols and Timeframes for alignment rules.

[[eom]]
id        = "ease_daily"
symbol    = "BINANCE:ETHUSDT"
timeframe = "D"

Parameters#

The source key is not accepted in [[eom]].

Available variables#

Use the identifiers below directly in your expressions. The EOM block exposes one numeric series and its calculation parameters, together with its input sources, symbol, and timeframe.

Assume the block is configured as follows:

[[eom]]
id = "ease"

Then:

Notes

• Numeric variables support arithmetic, comparison, and logical operators.
• Text variables are strings intended only for equality and inequality comparisons.