How to Trade the Elder Impulse System Indicator?

After Force Index and Fisher Transform the Elder Impulse System indicator was also developed and described by Alexander Elder in his books. It’s based on two popular indicators – a 13-period Exponential Moving Average (EMA) and a histogram MACD. The Elder Impulse System uses the Ema indicator for defining a short-term trend and the MACD-Histogram measures momentum. This … Continue reading “How to Trade the Elder Impulse System Indicator?”