PROTECTED SOURCE SCRIPT
PpSignal Impulse MACD
The Elder MACD Impulse (IMCAD) System is a combination of momentum and trend.
when IMACD is flat the market is accumulating.
There are two MACDs, one white short IMACD and a larger one that changes color long MACD.
Buy when white IMCAD short is above 0 IMCAD Long is also above 0.
Sell when white IMCAD short is below 0 and IMCD long is also below 0.
Find divergence: You can also look for divergences to detect a change in trend
I do not use it as the sole indicator, of course, but it is a good complement to detect differences, and it also helps the automatic detector thereof
when IMACD is flat the market is accumulating.
There are two MACDs, one white short IMACD and a larger one that changes color long MACD.
Buy when white IMCAD short is above 0 IMCAD Long is also above 0.
Sell when white IMCAD short is below 0 and IMCD long is also below 0.
Find divergence: You can also look for divergences to detect a change in trend
I do not use it as the sole indicator, of course, but it is a good complement to detect differences, and it also helps the automatic detector thereof
Protected script
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.