LazyBear

Indicator: Elder Impulse System

According to Elder, "The Impulse System encourages you to enter a trade cautiously but exit fast, by identifying inflection points where a trend speeds up or slows down. This is the professional approach to trading, the total opposite of the amateur's style. Beginners jump into trades without thinking too much and take forever to get out, hoping and waiting for the market to turn their way."

The Impulse System is based on two indicators, a 13-day exponential moving average and the MACD-Histogram. The moving average identifies the trend, while the MACD-Histogram measures momentum. As a result, the Impulse System combines trend following and momentum to identify impulses that can be traded.

By default it uses your chart's time frame, but you can set it to any custom time frame via options page. Optionally, price bars can be color coded too.

More info:
stockcharts.com...school/doku.php?id=chart_s...

Steps to import / use custom indicators from this chart:
PDF: drive.google.co...mNrZUY1dTA/edit?usp=sharin...

List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

Ingin menggunakan skrip ini pada carta?
//
// @author LazyBear
//
// If you use this code in its original/modified form, do drop me a note. 
//
study("Elder Impulse System [LazyBear]", shorttitle="EIS_LB")
useCustomResolution=input(false, type=bool)
customResolution=input("D", type=resolution)
source = security(tickerid, useCustomResolution ? customResolution : period, close)
showColorBars=input(false, type=bool)
lengthEMA = input(13)
fastLength = input(12, minval=1), slowLength=input(26,minval=1)
signalLength=input(9,minval=1)

calc_hist(source, fastLength, slowLength) =>
    fastMA = ema(source, fastLength)
    slowMA = ema(source, slowLength)
    macd = fastMA - slowMA
    signal = sma(macd, signalLength)
    macd - signal

get_color(emaSeries, macdHist) =>
    g_f = (emaSeries > emaSeries[1]) and (macdHist > macdHist[1])
    r_f = (emaSeries < emaSeries[1]) and (macdHist < macdHist[1])
    g_f ? green : r_f ? red : blue
    
b_color = get_color(ema(source, lengthEMA), calc_hist(source, fastLength, slowLength))    
bgcolor(b_color, transp=0)
barcolor(showColorBars ? b_color : na)