An implementation of the Elder Impulse trading system. Includes support for a second, higher time frame period for determining trend and momentum. The background is painted pink when the higher time frame trend and momentum is down, and green when it is up. The rules for entering and exiting a trade are described here on Investopedia.
I converted the minute data cunparis uploaded to the Pacific time zone using this attached tool. If you want the data converted to another time zone you can use this tool yourself. This is a Visual Studio C# project. If you don't want to deal with Visual Studio you can just run the .EXE file in the /bin/Debug folder. Once it converts your data it saves it in the same folder as your source file with the same name with the extension ".converted" appended to it.
Graphs ATR (green line) and the size of the corresponding bar in yellow ( |High-Low| ). Can be useful in determining if a signal bar of large enough to take by visualizing it's size relative to ATR. Was introduced here.
November 20th, 2010 08:57 AM anniebee321 can't believe she is trading with lagging moving averages and stochastics
she probably knows alot about price action but this is likely to mislead most noobies into thinking that trading off ind
icators is sufficient for long term profits
March 6th, 2010 08:01 PM shodson Anybody tried this? I've been watching the fx futures, the 15pip 00s method seems really powerful and frequently succes
June 12th, 2016 10:25 AM dilbert618 awesome tool, thank you
July 13th, 2015 06:20 AM bebop Thank you!
November 30th, 2012 05:16 AM dilbert618 Thanks shodson, very useful tool.
October 3rd, 2010 08:24 PM zacharydw00 dadof3and3 fixed this similar program, that is on NT's forum, for me. He fix a couple if issues with it. The original
version didn't convert all 24 hrs of data. It stopped at 4:15 and skipped to the next day. Also, it crashed on files l
arger than 300MB. In addition to the fixes, he increased the number of time zones to add or subtract. To answer BM;s q
uestion, I've used it to convert 600MB tick files. I'm not sure where he posted the fixed version, or if he did post i
t. Check NT's forum.
June 13th, 2010 07:35 PM Big Mike Thanks for this, a lot of people needing this. But will it work for tick data as well?