The Elder Impulse System was created by Alexander Elder and presented in his book “Come Into My Trading Room”.

According to Elder, “the system identifies inflection points where the trend accelerates or slows down.”

The system (Elder Impulse System) is based on two indicators a 13-period exponential average and the MACD. The moving average identifies the trend while the MACD calculates the momentum. As a result, the system (Elder Impulse System) combines the monitoring of trend and momentum in order to identify entry and exit points.

The system is designed to work across time frames and leaves the trader with the choice of market, risk management and other parameters.