Setting up pending orders

[edwardko]

Dear Aimsters

I know from the Setup eBook that we add 1 pip to the AIMS box for Pending Orders and Stop Losses. I am trying to discover what TF that I am most comfortable with but didn't find any reference to how many pips I should add if I am trading M15 or H1 or H4. Certainly, for H1,the AIMS box I am seeing for DAX30 is 76 pips and for USDCAD is 22 pips. a 1 pip adjustment felt rather inconsequential.

Is there guidance on what to allow for for each TF and for different instruments such as indices?

Thanking you in advance.

Edward

[bhands]

Hi Edward,

I'll be testing different time frames too and that is a great question.

Maybe this updated response will bump this unanswered question to the top of the queue.

Good one...

[immy]

Hi Ed,

I'm sure you've had this question answered by now , but thought I'll respond anyway.

For the shorter time frame, the tighter the better , but the same buffer can be applied and would work all the way to D1 charts.

Some people give 5 pips buffer for H4 and above. I can confirm I use the same settings from M1 to H4.

cheers