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MASi Impulse System

The implementation of the impulse system described by Dr. Alexander Elder.

The indicator colors the bars according to the following pattern:

  • Moving average and MACD histogram increase - green bar, it is forbidden to sell;
  • Moving average and MACD histogram have different directions - blue bar, the ban is removed;
  • Moving average and MACD histogram decrease - red bar, it is forbidden to buy.


Indicator Parameters

  • EMA - period of the indicator's moving average
  • MACD Fast - period of the fast moving average of the MACD indicator
  • MACD Slow - period of the slow moving average of the MACD indicator
  • MACD Signal - period of the signal moving average of the MACD indicator
Tim Eubanks
4898
Tim Eubanks 2018.03.17 07:42 
 

The indicator needs alert as it works well in the higher timeframe.