SB_Elder Impulse System

The strategy is based on LazyBear's Elder Impulse System

Strategy(in layman terms):

Long: When the green bar in the Elder Impulse System's indicator shows up
Short: When the red bar in the Elder Impulse System's indicator shows up
Close trade/Profit booking: When the blue bar in the Elder Impulse System's indicator shows up

Original Idea:

Message in the script if you think of any modifications/ enhancements.

Donations/Tips... :) -

BTC: 1BjswGcRR6c23pka7qh5t5k56j46cuyyy2
ETH: 0x64fed71c9d6c931639c7ba4671aeb6b05e6b3781
LTC: LKT2ykQ8QSzzfTDB6Tnsf12xwYPjgq95h4
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


What the variable emaSeries does?
SudeepBisht syracusepro
@syracusepro, emaSeries is a function variable of the function get_color which is being called in line 24.
It is being called once only so for that particular call the value of emaSeries is ema(source, lengthEMA).
syracusepro SudeepBisht
@SudeepBisht, Thanks a lot.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out