OPEN-SOURCE SCRIPT

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:
Indicator: Elder Impulse System


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

Donations/Tips... :) -

BTC: 1BjswGcRR6c23pka7qh5t5k56j46cuyyy2
ETH: 0x64fed71c9d6c931639c7ba4671aeb6b05e6b3781
LTC: LKT2ykQ8QSzzfTDB6Tnsf12xwYPjgq95h4
Elder's Force Index (EFI)Exponential Moving Average (EMA)lazybearMoving Average Convergence / Divergence (MACD)Moving Averages

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 publication is governed by House rules. You can favorite it to use it on a chart.

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