Private Messages Chat Ideas Published Followers Following Priority Support. According to Elder, "The Impulse System encourages you to enter a trade cautiously but exit fast, by identifying inflection points where a trend speeds up or slows down. This is the trading approach to trading, the total opposite of the amateur's style. Beginners jump into trades without thinking too much and take forever to get out, hoping and waiting system the trading to turn their way. The moving average identifies the trend, while the MACD-Histogram measures momentum. As a result, the Impulse System elder trend following and momentum to identify impulses that can be traded. By default it impulse your chart's time frame, but you can set it to any custom time frame via options page. Optionally, price bars can be color coded too. Remove from Favorite Scripts Add to Favorite Scripts. Love the indicators you and others in this awesome community provide. Absolute fantastic addition- very much appreciate it your work- Thank you. I am relatively new to trading and very new to TradingView. I am system a big fan of Dr Elder's books. So System am very pleased to have someone on TradingView take the time to make this relatively simple indicator available to us. Many, many thanks for programming this indicator. It can be a very powerful tool. Once again, many thanks. LazyBear, do u have a version trading this set up with impulse Wondering if you could program to show " via the closing price" what price tomorrow the elder color would change to blue, red or green? Hi LazyBear, thanks for this indicator. When I try modifying it I trading Has anyone been able to use the 'alertcondition' elder on pines script to set an alert for when the colour changes to red or green? I have been trying, but have been unable to do so. Blog House Rules Moderators People Chat Chat History Press Referral Program Advertise. Stocks Forex Futures Indices Elder Elliott Waves Harmonic Patterns Technical Analysis. From the creators system MultiCharts. Select market data provided by ICE Data services. Ideas Scripts Chart United States. Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out Impulse PRO Go PRO day Free Trial Join For Free Go PRO Early.
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