Switching to Elders Impulse for Main Chart

From ThinkorSwim release notes:

Elder’s Impulse system uses a combination of MACD and EMA trends to analyze the velocity of pricing trends in a security.  In scenarios in which both the EMA and the MACD infer acceleration, the price bars will be shown with a green point.  In cases in which both the EMA and the MACD infer deceleration, or a downtrend, the price bars will show in red.  When the two signals do not show agreement, the price bars will be shown in blue to indicate at least temporary equilibrium between buying and selling pressure.

My Notes

Nice example from AREX weekly chart. You can see the clear red candles where the EMA (green and pink) is supporting the trend indicated by the candles. If you entered in September based on the clear bottoming out of the cycle, and followed the rule that the blue candles show indecision (even with red inside) and signal HOLD. The final sell signal comes with the red candle in mid April.

Long Entry = Blue border or red blue border,  either in a consistent rally, or at the bottom of a cycle (the two weeks at the end of  September)
Long Entry = Green border
Long Hold = Red with green border

Long Hold = Blue border
Long Hold = Green border

Long Exit = Red candle after a drop back to the EMA-5

Short Entry = Above EMA-5 where EMA-18 is trending down, red with green border, or red.

Short Hold = Red

Short Hold = Red border
Short Hold = Red with blue border

Short Exit = Blue border three days periods in a row

Confused? Just stare at them for a couple of hours and you'll get it. Jeez, how the hell do color blind people read stock charts?