first picture.gif
Immy this Is one of the charts with all the yellow waves also like this on other currencys and time frames. what do you think?posting first chart
-
- Free Member
- Posts: 77
- Joined: 20 Feb 2012, 10:37
- 13
posting first chart
Immy this Is one of the charts with all the yellow waves also like this on other currencys and time frames. what do you think?
You do not have the required permissions to view the files attached to this post.
- Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: posting first chart
try changing the Close to ZL value to 0.0003
thats where i have mine set
hope that helps....
Grant
thats where i have mine set
hope that helps....
Grant
success = patience + discipline - greed
-
- Free Member
- Posts: 30
- Joined: 03 Jan 2012, 05:59
- 13
Re: posting first chart
Hi,
Some prefer to have the AO ( Ewaves ) with a variable amount, or some people prefer not to use the orange...The way I use it is just like you. I have a fixed point ( 0.0006 and 0.0002 ). I keep it like this because it immediately shows me that if the orange is large then the price action range is small....so it shows me that the potential for larger moves is limited.
For example on your chart, the full range is only about 20 pips, which isn't much at all.
I want higher probability trades but also trades with higher possibility for large moves.
So, large orange = smaller range = less potential for decent moves.
Small orange = bigger potential range and possibility of larger moves.
I tend to trade a lot less when orange AO is large.
This matters as our spread is fixed and so if I take too many trades with large orange AO, then my spread is a higher % of the amount it moves. IE less profit.
Hope this helps
Nick
Some prefer to have the AO ( Ewaves ) with a variable amount, or some people prefer not to use the orange...The way I use it is just like you. I have a fixed point ( 0.0006 and 0.0002 ). I keep it like this because it immediately shows me that if the orange is large then the price action range is small....so it shows me that the potential for larger moves is limited.
For example on your chart, the full range is only about 20 pips, which isn't much at all.
I want higher probability trades but also trades with higher possibility for large moves.
So, large orange = smaller range = less potential for decent moves.
Small orange = bigger potential range and possibility of larger moves.
I tend to trade a lot less when orange AO is large.
This matters as our spread is fixed and so if I take too many trades with large orange AO, then my spread is a higher % of the amount it moves. IE less profit.
Hope this helps
Nick
-
- Free Member
- Posts: 77
- Joined: 20 Feb 2012, 10:37
- 13
Re: posting first chart
Hi Grant I am In the input section of the custom indicator and I see filterAO valve and I see comment 4 set AO value or aimsboxpips to zero. I tried changing the filter ao valve which Is currently set at 0.0006 I thought that this was what you were talking about. But when I tried to change that # I could not get It to stay there. I hit ok and reset but when I open the box back up to check it was back to 0.0006 what do I do and thank you In advance
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: posting first chart
Jimthestart wrote:Hi Grant I am In the input section of the custom indicator and I see filterAO valve and I see comment 4 set AO value or aimsboxpips to zero. I tried changing the filter ao valve which Is currently set at 0.0006 I thought that this was what you were talking about. But when I tried to change that # I could not get It to stay there. I hit ok and reset but when I open the box back up to check it was back to 0.0006 what do I do and thank you In advance
Not the Entry Alert Indicator. Leave those as they are. Please check the Values for AIMS Wave v.5.1.
cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
- Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: posting first chart
JIm,
in the AIMS waves 5.1 indy the inputs should look like the pic attached. Change that to 0.0003
Grant
in the AIMS waves 5.1 indy the inputs should look like the pic attached. Change that to 0.0003
Grant
You do not have the required permissions to view the files attached to this post.
success = patience + discipline - greed
-
- Free Member
- Posts: 77
- Joined: 20 Feb 2012, 10:37
- 13
Re: posting first chart
nickderby Thank you I did not know orange meant low chance of big moves now I do and did I see you somewhere else fmm. I see profits here once I get a tad better what do you think. About yellow I would think It would be better left than you can still place trades and with a heads up of what might happen right. 

-
- Free Member
- Posts: 77
- Joined: 20 Feb 2012, 10:37
- 13
Re: posting first chart
Grant going to try to post picture of what I have I must be In wrong spot but I don't know how to get where you are. I just tried to bring up up box and I did but program will not allow me to take picture of screen with this box open on screen so I am not able to show you what I see. Maybe you have an idea how I could show you?
- Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: posting first chart
with an indicator window open you will have to use another software program to take the pic...
i use jing from Techsmith
Grant
i use jing from Techsmith
Grant
success = patience + discipline - greed
-
- Free Member
- Posts: 77
- Joined: 20 Feb 2012, 10:37
- 13
Re: posting first chart
Thank you Immy I found It and Grant thank you not ready to go to those sites yet but I will try later and would you mind telling me why you want to get rid of the yellow If It shows low chance of big moves like nickderby explained. Immy do you keep yellow and If not could you please tell me why thanks you guys
I wrote something like this once but can not see It on post If It Is there sorry for this posting.
