Elder Impulse System — Indicator by astraloverflow

indicator trends macd ema

Quickly Identify Trends with the Elder Impulse Indicator.

Pretty much the same as

, but written from scratch to be simpler to use and the source code easier to read (no offense, LazyBear)

For more info, see http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:elder_impulse_system

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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