Forex Code

elder impulse system: Master Forex Trading with this Unique Strategy

5 min read

The Elder Impulse System is a popular forex trading system developed by Alexander Elder. It looks for momentum based on 3 indicators – the 12-day Exponential Moving Average, the 26-day Exponential Moving Average, and the Momentum indicator or MACD. When all 3 of these indicators signal a trend change, the system will enter into a position and profit from the move. It is a great choice for forex traders looking for a reliable trend following strategy.