Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Trend EMA period | 13 | 1 to 500 |
| Fast MACD EMA period | 12 | 1 to 500 |
| Slow MACD EMA period | 26 | 1 to 500 |
| MACD signal EMA period | 9 | 1 to 500 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Impulse state | Market state | Histogram | after 35 candles |
Calculation notes
- Compares changes in the trend EMA and MACD histogram. Both rising: bullish; both falling: bearish; otherwise: neutral. Missing data is unavailable, never neutral. Bar coloring is optional and changes appearance only. The current bar can change.
Questions
What are the default settings of Elder Impulse?
The defaults are Trend EMA period: 13, Fast MACD EMA period: 12, Slow MACD EMA period: 26, MACD signal EMA period: 9. You can change every setting on the live chart.
Can I use Elder Impulse for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.