tenbilthx_Elder Impulse Entry

Coloring & Signals (English)

Color rules
EMA rising and MACD-H rising → Green (bullish): shorting prohibited; long or wait allowed.
EMA falling and MACD-H falling → Red (bearish): longs prohibited; short or wait allowed.
If the two disagree → Blue (neutral).
MACD-H rule: ignore the zero line; only check whether the latest bar is higher/lower than the previous bar.

Entry signals (practical tip from the book)
Long: Optimal entry is the first non-RED bar right after a red sequence ends.
Default: plot an arrow on Red → Green transitions.
Option: also allow Red → Blue/Green transitions.
Short: Mirror of Long.
Default: arrow on Green → Red transitions.
Option: also allow Green → Blue/Red transitions.

Usage tips
Defaults match common practice: EMA 13, MACD 12-26-9. Adjust lengths only if needed.
Long signals: Arrow appears on the bar immediately after red ends; with the option on, Red → Blue is also accepted.
Short signals: Symmetric—bar immediately after green ends; option allows Green → Blue.
Alerts: Enable the two alerts to receive real-time signals.