In Dr Alexander Elder's book "Entries and Exits", he discusses "The Impulse System". When MACD Histogram and EMA are both rising, the price bar is coloured green. When they are falling, the price bar is coloured red. When they diverge, the price bar is blue. When green, go long or stand aside. When red, go short or stand aside. When blue, go long or short. A man named John Bruns programmed the Impulse System for several popular software packages.
Question: is there an addon available for Metastock Pro 9.2? Or, can this be programmed by me within the existing software?