OPEN-SOURCE SCRIPT
Impulse Finder
Pine Script v6, Copyright © 2025, Einhornhunter
The Impulse Finder uses the Elder Impulse System to color candles based on EMA and MACD, identifying bullish (green), bearish (red), or neutral (blue) market conditions. It overlays candles without transparency and offers an option to display only the candle body. Detects cross points for trend changes.
Inputs: MA Period (13), MACD Fast (12), Slow (26), Signal (9), Display Body Only (false).
The Impulse Finder uses the Elder Impulse System to color candles based on EMA and MACD, identifying bullish (green), bearish (red), or neutral (blue) market conditions. It overlays candles without transparency and offers an option to display only the candle body. Detects cross points for trend changes.
Inputs: MA Period (13), MACD Fast (12), Slow (26), Signal (9), Display Body Only (false).
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.