MACD_Elder_Impulse_System.efs

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CRC3=5620,94D688C528E9C63A211BD8E699741FC385E7BE856E261F662D6F882095C165820E3A091D6A292455AD7AFA83C508B9F4604C6C9C9AC145B3811F2A4A4B84AF0B8181C0D167BD7F169D2EBB81B7A63DB4C789106994B59B2D85C70F43D5000894
CRC=6DF124AC1644F1FAA4724DF67D284C68873C8662631174C4FA0B5BB14136125A

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© 2017 Van den Beld. 

Elder Impulse system rules

Inertia and Power
A good measure of the inertia of any trading vehicle is the slope of its fast EMA.
A rising EMA reflects bullish inertia, while a falling EMA reflects bearish inertia. The
power of any trend is reflected in the slope of MACD-Histogram.


1.	EMA rising & MACD-Histogram rising (especially below zero) = Impulse is green, bullish.
	Shorting prohibited, buying or standing aside permitted.
2.	EMA falling & MACD-Histogram falling (especially above zero) = Impulse is red, bearish.
	Buying prohibited, shorting or standing aside permitted.
3.	EMA rising & MACD-Histogram falling = Impulse is blue, neutral. Nothing is prohibited.
4.	EMA falling & MACD-Histogram rising = Impulse is blue, neutral. Nothing is prohibited.

The Impulse System is a censorship system. It doesn’t tell what to do—but it clearly tells what not to do.

Default Settings
Moving Average: 13, exponential.
MACD: 12,26,9
	
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