Ease of Movement

The Ease of Movement (EOM) indicator is a technical analysis tool that helps traders identify the relationship between price changes and trading volumes. It was developed by Richard W. Arms Jr. and is used to determine the ease or difficulty of a price movement. The EOM indicator takes into account both price change and volume in its calculation.

Traders use the Ease of Movement (EOM) indicator in the following ways:

  1. Trend Reversals: EOM crossing above or below zero can indicate potential trend reversals, signaling buying or selling pressure.
  2. Confirming Breakouts: EOM can validate price breakouts, especially if accompanied by a surge in the indicator.
  3. Divergence Analysis: Divergences between EOM and price can suggest trend changes, such as bullish or bearish reversals.
  4. Price-Volume Relationship: EOM helps assess the strength of price movements by considering volume alongside price changes.

Get started with the eom

Simply make an HTTPS [GET] request or call in your browser:

			[GET] https://api.taapi.io/eom?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1h
		

API response

The eom endpoint returns a JSON response like this:

			{
	"value": 6015.310333087231
}
		
Example response from TAAPI.IO when querying eom endpoint.

API parameters

secret
Required String
The secret which is emailed to you when you request an API key.
exchange
Required String
The exchange you want to calculate the indicator from: binance, binancefutures or one of our supported exchanges. For other crypto / stock exchanges, please refer to our Client or Manual integration methods.
symbol
Required String
Symbol names are always uppercase, with the coin separated by a forward slash and the market: COIN/MARKET. For example: BTC/USDT Bitcoin to Tether, or LTC/BTC Litecoin to Bitcoin...
interval
Required String
Interval or time frame: We support the following time frames: 1m, 5m, 15m, 30m, 1h, 2h, 4h, 12h, 1d, 1w. So if you're interested in values on hourly candles, use interval=1h, for daily values use interval=1d, etc.
backtrack
Optional Integer
The backtrack parameter removes candles from the data set and calculates the eom value X amount of candles back. So, if you’re fetching the eom on the hourly and you want to know what the eom was 5 hours ago, set backtrack=5. The default is 0 and a maximum is 50.
backtracks
Optional Integer
The backtracks parameter returns the eom value calculated on every candle for the past X candles. For example, if you want to know what the eom was every hour for the past 12 hours, you use backtracks=12. As a result, you will get 12 values back.
chart
Optional String
The chart parameter accepts one of two values: candles or heikinashi. candles is the default, but if you set this to heikinashi, the indicator values will be calculated using Heikin Ashi candles. Note: Pro & Expert Plans only.
addResultTimestamp
Optional Boolean
true or false. Defaults to false. By setting to true the API will return a timestamp with every result (real-time and backtracked) to which candle the value corresponds. This is helpful when requesting multiple backtracks.
gaps
New Optional Boolean
true or false. Defaults to true. By setting to false, the API will ensure that there are no candles missing. This often happens on lower timeframes in thin markets. Gaps will be filled by a new candle with 0 volume, and OHLC set the the close price of the latest candle with volume.
results
New Optional String
number or max. Use this parameter to access historical values on the past X candles until the most recent candle. Use max to return all available historical values. Returns an array with the oldest value on top and most recent value returned the last.
period
Optional Integer

Default: 14

divisor
Optional Integer

Default: 10000

More examples

Let's say you want to know the eom value on the last closed candle on the 30m timeframe. You are not interest in the real-time value, so you use the backtrack=1 optional parameter to go back 1 candle in history to the last closed candle.

				[GET] https://api.taapi.io/eom?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=30m&backtrack=1
			
Get eom values on each of the past X candles in one call

Let's say you want to know what the eom daily value was each day for the previous 10 days. You can get this returned by our API easily and efficiently in one call using the backtracks=10 parameter:

				[GET] https://api.taapi.io/eom?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1d&backtracks=10
			

Here's the example response:

				[
	{
		"value": 8897.418845637285,
		"backtrack": 0
	},
	{
		"value": 6015.310333087231,
		"backtrack": 1
	},
	{
		"value": 5123.4837789958465,
		"backtrack": 2
	},
	{
		"value": 3394.516925487162,
		"backtrack": 3
	},
	{
		"value": 3740.3615288421606,
		"backtrack": 4
	},
	{
		"value": -365.55120013407605,
		"backtrack": 5
	},
	{
		"value": 7210.345442790824,
		"backtrack": 6
	},
	{
		"value": 8162.10086892135,
		"backtrack": 7
	},
	{
		"value": 12937.54517469955,
		"backtrack": 8
	},
	{
		"value": 12234.061917971087,
		"backtrack": 9
	}
]
			

Looking for even more integration examples in different languages like NodeJS, PHP, Python, Curl or Ruby? Continue to [GET] REST - Direct documentation.