Settings for the higher time frames

[immy]

Hi as there is no facility to contact members on here anymore would you be able to e-mail me on tebuckingham@hotmail.co.uk so I can contact you if thats ok with you

Hi

You could still email members using the email button under their posts or in their profiles. pm function is shut down for now. Will be restored soon.

cheers

[Ladytrader]

Thanks Immy, would you be so kind as to answer my other question re settings for Gold 1 hour

[immy]

How to Find Out Accurate Levels for Orange Bars on eWave or AIMS Wave Indicator

Step 1. In the inputs of the indicator insert 0.0 for both values.
Picture 1.

09-05-2012 19-07-14.png

Step 2. Generally scroll around and look for areas where alligator was sleeping and bars of eWave/AIMS Wave were close to zero line. Scroll around. E.g. in this Gold chart below, using your cross hair or putting a horizontal line you can find out where are the areas that looked relatively close to zero line. These are areas where risk on taking a trade was still low and the wave/trend was not fully under way, meaning it was still the beginning of a move and still safe to enter.
I can see that 4.00 would be ideal for Gold. You can then experiment on charts from the past and make adjustments.

Picture 2.

09-05-2012 19-12-35.png

Picture 3.

09-05-2012 19-13-29.png

Step 3.

Now that you have found some level value you can try these by adding them in to input areas of eWave/AIMS Wave indicator and you should see something like the pictures below.

Note that I have Used Half the number of the most appropriate value I found i.e. 4 for inputs in eWave indicator. Whatever value you think is the highest just divide that by two and input it there.

Picture 6.

09-05-2012 19-19-50.png

Picture 4.

09-05-2012 19-16-57.png

Picture 5.

09-05-2012 19-16-20.png

[tayct]

Thanks Immy! Excellent suggestions as always. I notice that MaxClosetoZL is 2 while MinCloseoZL is 4. I would have thought that the values should be the interchanged? Shouldn't Max be 4 and Min be 2? My logic or illogic(?) tells me that Max should be the larger value.

[immy]

Thanks Immy! Excellent suggestions as always. I notice that MaxClosetoZL is 2 while MinCloseoZL is 4. I would have thought that the values should be the interchanged? Shouldn't Max be 4 and Min be 2? My logic or illogic(?) tells me that Max should be the larger value.

sorry! you're right. Max should have been 4 and half of that for min. :-B

[Ladytrader]

Hi as you know I am looking to trade AIMS on 1 hour time frames, I have read Immys post about how to find the settings but sorry to say I dont really understand how he does this, does anybody have settings for any of the indexes, DOW DAX or FTSE

Thanks

Tracy

[Topher]

Tracy

As a starting point I would put the 'Max & Min Close to ZL' to 10 and the 'Aims Box' to 100 for the FTSE100.

I haven't traded this using Aims as I have a handful with the 3 timeframes on M1 and 10 on HTF. I have taken a quick look at it this evening and the above are initial settings I would use if I were to trade it.

Richard

[Ladytrader]

Thank you Richard I will try that

[Ladytrader]

Hi Immy i remember you posting something yesterday in reply to me not understanding how to work our the settings for 1 hour trades, has this post been removed?

[immy]

Hi

I posted it in the wrong place. I created a post of its own. Its in the Q&A Section under Indicators a Setup.

http://www.itradeaims.net/forum/viewtop ... f=50&t=740" onclick="window.open(this.href);return false;

ps: its also in the same thread here a few posts above. .