This is user 100PipsADay's strategy ,third screen strategy , or triple screen strategy.
But this version uses the impulse system to determine trend (uses macd histogram and ema directions).
Remember, you must use on 1 hr timeframe in order to have the correct parameters.
The purpose of Impulse Release is to prevent trading in the wrong direction. While the Impulse System operates in a single timeframe, Impulse Release is based on two timeframes. It tracks both the longer and the shorter timeframes to find when the Impulse points in the same direction on both.
Its color bar flashes several signals:
If one timeframe is in a buy...