Indicators: i-ImpulseSystem

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i-ImpulseSystem:

The indicator is based on the Elder's Impluse system.

It plots candles with different colors, depending 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;

Author: Дмитрий

i-ImpulseSystem

 
Dmitry hello.Your code i-ImpulseSystem is great,but there is a mistake,Elder described this indicator by macd histogram and you made it by osma.Could you please modify it a little so that the signal line 9 was ema instead of sma,and if possible add ema setting(ema13 or 26 or 30 etc).Thanks in advance for your work.
 
Thank you to the author! The only correct indicator of the Elder system in MetaTreider. I had a hard time looking for it, I was already desperate, but as luck would have it, I found it as the last one.
 
Pavel Gurov #:
Dmitry hello.Your code i-ImpulseSystem is great,but there is a mistake,Elder described this indicator by macd histogram and you made it by osma.Could you please change it a little so that the signal line 9 was ema and not sma,and if possible add ema setting(ema13 or 26 or 30 etc).Thanks in advance for your labour.
There is no error. OsMa is the same MACD, but in a slightly different graphical representation. Elder uses exactly OsMa.
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