Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal


Elder Impulse System - indicator for MetaTrader 5

Александр Элдер | English Русский 中文 Español Deutsch 日本語 Português

Published by:
Nikolay Kositsin
votes: 19
2011.12.22 19:12
2016.11.22 07:32

Real author:

Alexander Elder

The system is based on two indicators - MACD and EMA. When both indicators move upwards, a candlestick is colored in green, when they move downwards, it is colored in red. In case of multidirectional movement, it turnes blue.

This indicator was first implemented in MQL4 and published in Code Base at 17.06.2010.


Translated from Russian by MetaQuotes Software Corp.
Original code:

Percentage Crossover Channel Percentage Crossover Channel

The channel based on the price percentage deviation from the previous value of the channel middle line.

NonLagDot NonLagDot

Nonlagdot is the supply and demand indicator that calculates a possible trend considering market forces domination.

X2MA Transform Candles X2MA Transform Candles

The indicator transfers the price data to the new coordinates system associated with X2MA indicator values.

IncOsMAOnArray IncOsMAOnArray

COsMAOnArray class is designed for calculation of OsMA (Moving Average of Oscillator) values on indicator buffers. The example of use of the class is provided.