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HIQImpulse applies Alexander Elder's Impulse System to every candle on the chart, so trend and momentum can be read together at a glance. How it works The Impulse System combines two readings on each candle: Trend: a 13-period exponential moving average of the close. It is rising when it is higher than on the previous candle, and falling when it is lower. Momentum: the MACD histogram (MACD main line minus its signal line, 12/26/9). It is rising when it is higher than on the previous candle, and
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