I have read on Internet this sistem by Elder.
It seems interesting, but I haven't found an indicator to colour the bar chart according to this system.
I have only found an indicator that plots this system in a separate window.
Please, someone have this indicator or can modify the indicator that I have attached to colour tha bar chart ?
Thanks
The impulse system give a buy signal when both the EMA and MACD-HIstogram rise, and a sell signal when both decline.
When the Impulse system is green, you buy ot stand aside but no shorting is permitted.
When the Impulse system is red, you may go short or stand aside , but buying is prohibited.
It seems interesting, but I haven't found an indicator to colour the bar chart according to this system.
I have only found an indicator that plots this system in a separate window.
Please, someone have this indicator or can modify the indicator that I have attached to colour tha bar chart ?
Thanks
The impulse system give a buy signal when both the EMA and MACD-HIstogram rise, and a sell signal when both decline.
When the Impulse system is green, you buy ot stand aside but no shorting is permitted.
When the Impulse system is red, you may go short or stand aside , but buying is prohibited.
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Elder_Impulse_System.mq4
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