Impulse Classic Global

Description

Impulse Grand Global is an indicator impulse trading system based on Moving Average and MACD Classic Global.

The idea of the impulse system based on Moving Average and MACD Histogram was first offered by Dr. Alexander Elder in his book "Come Into My Trading Room".

The system allows users to choose the calculation method (Moving Average and MACD Classic Global) based on a single, double or triple moving average with identification of primary signal of probable reverse of the previous tendency.

You can color bullish and bearish moods.


Inputs

  1. Calc_Method_MA - Moving Average calculation type:
    • Single Moving Average - 0 (by default).
    • Double Moving Avarage - 1.
    • Triple Moving Average - 2.
  2. Calc_Method_MACD - MACD Classic Global calculation type on the basis of one of the standard indicators:
    • AD - an indicator of accumulation and distribution of volume (by default).
    • OBV - On Balance Volume.
    • Volume - tick volume indicator.
    • Force - Force Index indicator.
    • MFI - Money Flow Index.
    • ATR - Average True Range.
    • Momentum.
    • RSI - Relative Strength Index.
    • Moving Average.
    • CCI - Commodity Channel Index.
    • ADX - Average Directional Movement indicator.
    • DeMarker.
    • Standard Deviation.
  3. FastMA - fast moving average period (FastMA = 12 by default).
  4. SlowMA -  slow moving average period (SlowMA = 26 by default).
  5. SignalMA - signal line period (SignalMA = 9 by default).
  6. Periods - the period for calculating the basic indicator, based on which MACD Classic Global will be calculated.
  7. MA_Period - MA period (MA_Period = 13 by default).
  8. MA_Method - MA averaging method:
    • MODE_SMA - 0.
    • MODE_EMA - 1 (by default).
    • MODE_SMMA - 2.
    • MODE_LWMA - 3.
  9. Signal_Method - The averaging method of the signal line:
    1. MODE_SMA - 0 (by default).
    2. MODE_EMA - 1.
    3. MODE_SMMA - 2.
    4. MODE_LWMA - 3.
  10. Applied_Price - used price:
    • PRICE_CLOSE - 0  (by default).
    • PRICE_OPEN - 1.
    • PRICE_HIGH - 2.
    • PRICE_LOW - 3.
    • PRICE_MEDIAN - 4.
    • PRICE_TYPICAL - 5.
    • PRICE_WEIGHTED - 6.
  11. Mode - the index of the line (MAIN - 0  (by default) or SIGNAL - 1) of the basic indicator, based on which the MACD Classic Global will be calculated.
  12. Shift - shift relative to the price chart.
  13. Arrows - flag for display of signal of probable reverse of the previous tendency:
    • true - to display a signal.
    • false - don't show a signal.


Purpose

The indicator can be used for manual or automated trading in an Expert Advisor.

The trading rules state that you should not sell when bars are blue, and you should not buy when they are red. Unpainted bars allow traders to consider their further actions: buy or sell.

Rules of action: In the beginning it is necessary to wait for a signal of a possible reverse of a tendency, and then the beginning of coloring of bar in the same direction. 

For automated trading, the values of any double type indicator buffer are used:

  • for coloring of bars - 0, 1, 2 or 3. The values must not be equal to EMPTY_VALUE!
  • for signal of reverse of bulls tendency - 4. The values must not be equal to EMPTY_VALUE!
  • for signal of reverse of bears tendency - 5. The values must not be equal to EMPTY_VALUE! 


Recommendations

It is recommended to use the indicator together with Keltner Channel, Color Price Channel, Pivot Points, Fibonacci Retracements or Bollinger Bands.  

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Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
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Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
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Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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