Steve's Mulit Aims levels

[kiki]

I saw a reference to this in downloads but can't find an explanation of what it is ?

[snorm]

I saw a reference to this in downloads but can't find an explanation of what it is ?

Hi Kiki

the indicator shows the AIMS Levels for current and higher timeframes. It will show a yellow block when the M5 AIMS is within 5 pips of the M1 AIMS (though this can be changed). It also has an option to display the fib retrace & extension levels for an AIMS box of your selected timeframe, e.g. the hourly. The indicator therefore shows good areas of support and resistance for placement of stop losses or targets for profit taking. It further shows the size, in pips, of the current AIMS Box and has a colour-coded bar when the AIMS Box is within your preset limits (default is green bar for 15 pips or less and red bar when more than 15 pips).

Pic below shows the indicator in action.

fractal fib multi.gif

cheers
Steve