Impulse

MACD Elder Impulse Max – indicator MetaTrader 5

by
MACD Elder Impulse Max
Real author: MaxAgeNT MACD histogram with bars coloring according to Elder Impulse System. This indicator was first implemented in MQL4 and published in Code Base 16.05.2012 (in Russian). The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for … Read more

Impulse – indicator MetaTrader 5

by
Impuls
The indicator shows the number of points passed. The ENUM_MA_METHOD methods of averaging from enumeration are supported. Trading using the Impulse indicator is similar to that based on RSI: The indicator analysis consists in searching for divergences, at which the price reaches a new high, while Impulse does not manage to surpass its preceding highest … Read more

Elder Impulse System – indicator MetaTrader 5

by
Elder Impulse System - indicator for MetaTrader 5
Elder’s Impulse System Impulse System for the price bars Bullish price bar: (13-period EMA > previous 13-period EMA) and (MACD-Histogram > previous period’s MACD-Histogram) Bearish price bar: (13-period EMA < previous 13-period EMA) and (MACD-Histogram < previous period’s MACD-Histogram) Neutral price bar: when conditions for a bullish price bar or bearish price bar are not … Read more