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Impulsive Candle Indicator

The Impulsive Candle Indicator is used in conjunction with the Impulsive Candle Strategy. Along with the MACD and the 8 EMA, the Impulsive Candle Indicator allows the trader to visualize what the optimized parameters of the strategy look like, when backtesting or forward testing the strategy.

The Impulsive Candle Indicator works great on it's own too! It overlays the candles on the chart, to illustrate the accumulation candles (black) and impulsive candles (green).

The Impulsive Candle Indicator also provides the entry price where the strategy would enter the trade. Together, the indicator and the Impulsive Candle Strategy, allow the trader to know what the strategy is doing at all times. 

Disclaimer:
The products and services offered here are not intended to replace individual research, or licensed investment advice. Unique experiences and past performances do not guarantee future results. Trading currencies involves substantial risk, and there is always potential for a loss. Losses can exceed the balance in your account, depending on broker liquidity, volatility and other risk factors of the market. Your trading results will vary. No representation is being made that these products or services, and any associated advice or training, will guarantee profits or not result in losses from trading. Never use anything other than Risk Capital for trading.