Elder Impulse System (Page 2) - NinjaTrader Programming | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Platforms and Indicators > NinjaTrader > NinjaTrader Programming

Elder Impulse System
Started:November 14th, 2010 (05:31 AM) by Pazan Views / Replies:7,623 / 13
Last Reply:February 3rd, 2014 (07:28 PM) Attachments:3

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Elder Impulse System

Old November 17th, 2012, 07:14 AM   #11 (permalink)
Elite Member
@ Germany
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: FDAX
Posts: 424 since Nov 2011
Thanks: 232 given, 359 received

Rockford View Post
Fat Tails,
I've been looking for the Elder Impulse System for v7.0... thank you very much.


Look at Post #8.

Reply With Quote

Old November 17th, 2012, 05:42 PM   #12 (permalink)
Elite Member
West Branch, Mi, USA
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: TradePro/TransAct
Favorite Futures: NQ, YM
Posts: 39 since Nov 2012
Thanks: 5 given, 3 received

Hi Koepisch,

Yes, I downloaded Fat Tails 'Elder Impulse Indicator' yesterday, that's why I said Thank you.


Reply With Quote

Old November 20th, 2012, 01:03 AM   #13 (permalink)
Elite Member
New York NY USA
Futures Experience: Intermediate
Platform: esignal, ninjatrader,
Favorite Futures: Stocks
Posts: 107 since Oct 2012
Thanks: 53 given, 29 received

I could be wrong, but when I looked at the code for the 6.5 version of the elder script I think it had the indicator wrong. I believe that the elder is supposed to compare a 13 day EMA with a previous 13 day EMA. Then it was supposed to look at the MACD histogram. If both of these are trending positive you have a buy signal, or if both are trending negative you have a sell signal. In that script it simply compared a 13 day EMA to the MACD histogram.

I believe that what I described is what Elder originally proposed.
From "stockcharts.com"

Green Price Bar: (13-period EMA > previous 13-period EMA) and
(MACD-Histogram > previous period's MACD-Histogram)

Red Price Bar: (13-period EMA < previous 13-period EMA) and
(MACD-Histogram < previous period's MACD-Histogram)

Price bars are colored blue when conditions for a Red Price Bar or
Green Price Bar are not met. The MACD-Histogram is based on MACD(12,26,9).

I only mention this because I have seen youtube videos that also describe the indicator incorrectly.

Reply With Quote

Old February 3rd, 2014, 07:28 PM   #14 (permalink)
Hershey PA
Futures Experience: Intermediate
Platform: E signal
Broker/Data: AMP CQG
Favorite Futures: YM
CRM5096's Avatar
Posts: 116 since Jun 2011
Thanks: 55 given, 36 received

Thank you for coding this indicator

would it be possible to code it to paint the candles on chart rather that another lower study or the option to do so ?

Nothing so Impressive as Simplicity
D.G. Watts
Reply With Quote


futures.io > Futures Trading, News, Charts and Platforms > Platforms and Indicators > NinjaTrader > NinjaTrader Programming > Elder Impulse System

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Elder Scrolls V: Skyrim Big Mike Off-Topic 50 April 19th, 2013 12:00 AM
Why do YOU keep changing your system? r3algood The Elite Circle 12 September 1st, 2011 09:22 AM
a CCI system cory Traders Hideout 13 February 15th, 2011 06:45 AM
Madoff’s Elder Son Found Dead in Suicide Quick Summary News and Current Events 0 December 11th, 2010 05:00 PM
example of trading system iwannatoscript NinjaTrader Programming 3 March 4th, 2010 07:38 PM

All times are GMT -4. The time now is 09:26 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-26 in 0.08 seconds with 20 queries on phoenix via your IP