OPEN-SOURCE SCRIPT

Elder Impulse System with AutoEnvelope combined by idu

The idea is to combine Elder Impulse System with AutoEnvelope. It's usefull for free accounts to have more indicators on chart.
So what would on chart:
- fast ema
- slow ema
- AutoEnvelope
- Bar colour changed after signals of upcending/discending fast ema + upcending/discending macd

I've used Elder Impulse System by samuel16 and Elder's AutoEnvelope indicator by jamiespips. Thanks to both of them.
autoenvelopeelderelderimpulsesystemExponential Moving Average (EMA)Moving Average Convergence / Divergence (MACD)

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.

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