Impulse System

imp_sys

Function Name: imp_sys

Tags: None

Category: Momentum

The Impulse System identifies buy or sell signals. When both EMA and MACD Histograms rise the system gives buy signals and the bars are colored in green. When both decline it indicates a sell signal and the bars are colored in red. When EMA and MACD Histogram point in the opposite direction the bars are blue.

 

Author:   Dr. Alexander Elder

Link:       http://www.investopedia.com/articles/trading/03/092403.asp

 

Parameters

EMAPeriod

 

Default Value: 13  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric

MacdSPer

 

Default Value: 12  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric

MacdLPer

 

Default Value: 26  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric

Shift

 

Default Value: 0  |  Minimum: 0  |  Maximum: 5

 

Type: Numeric

Trigger

 

Default Value: 9  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric