ELDER SYSTEM Green price bars show that the bulls are in control of both trend and momentum as both the 13-day EMA and MACD-Histogram are rising. A red price bar indicates that the bears have taken control because the 13-day EMA and MACD-Histogram are falling. A blue price bar indicates a split or equilibrium between buying and selling pressure. . Time frame The Elder Impulse System can be used across different time frames, but trading should be in harmony with the bigger trend. EXAMPLE 60 minute should be in harmony with Daily trend