1 Hour settings

[riverlaw]

Hi Everyone,

I read somewhere in the forum but can't find it now, hope you can help, I want to trade the new Aims V5 on the one hour time frame, what parameters do I need to change please.

Thanks
Dave

[snorm]

Hi Everyone,

I read somewhere in the forum but can't find it now, hope you can help, I want to trade the new Aims V5 on the one hour time frame, what parameters do I need to change please.

Thanks
Dave

Hi Dave

you don't have to change anything, to trade the hourly (or any other time frame) though you might want to consider the following:-
AIMS Box - MaxBoxPips is default 15 on the M1. IF you want to set this on the higher timeframes, it will require some experimenting for individual pairs. My personal suggestion for EURUSD ... set it to 150. I think Immy prefers a smaller number.
AIMS Waves (AO) - Close to Zero Line defaults to 0.0002 for M1 but should be a lot higher for H1 and other pairs. I have no educated suggestion on this but you could try 0.002 and see how that goes.

There are no definitive suggestions at the moment, just because we haven't done enough research on the higher time frames with the new indicators. So ... play around and please feel free to share what you discover works well.

cheers
Steve

[riverlaw]

Thanks Steve, much appreciated

Cheers
Dave