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Indicators

i-ImpulseSystem - indicator for MetaTrader 5

Views:
13803
Rating:
(31)
Published:
2010.08.13 09:23
Updated:
2016.11.22 07:32
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The indicator is based on the Elder's Impluse system, it plots candles with different colors, dependent on the OsMa (12,26,9) and Moving Average (EMA 13) indicators:

  • If OsMa and EMA grows up, the candle color is green;
  • If OsMa and EMA falls down, the candle color is red;
  • For all other cases the candle color is grey;

i-ImpulseSystem


Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/167

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