AIMS Wave bar color
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Kolton
- Free Member
- Posts: 2
- Joined: 22 Mar 2014, 14:24
- 11
AIMS Wave bar color
The AIMS waves bars always appear to be orange on some charts.
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Dave
- AIMSter
- Posts: 865
- Joined: 13 Feb 2012, 06:05
- 13
Re: AIMS Wave bar color
Hi Kolton, welcome to AIMS!
The eWave has a setting that can display "close to zero line" as these orange bars. I think by default this setting is +/- 0.0006 (but that's from memory, I haven't looked at it for a while). If you look at the scale on the eWave in your picture you'll see that even at the peaks the value doesn't exceed about 0.00048, so is therefore less than 0.0006, and is therefore shown as orange bars and as close to zero line. During off market times where there is very little volatility you will often get a value less than 0.0006, and changing timeframes also greatly affects what value is considered as close to zero line. My suggestion is to go into the indicator settings for the eWave and remove the orange bars all together, just concentrate on fresh crosses of the zero line.
Dave
The eWave has a setting that can display "close to zero line" as these orange bars. I think by default this setting is +/- 0.0006 (but that's from memory, I haven't looked at it for a while). If you look at the scale on the eWave in your picture you'll see that even at the peaks the value doesn't exceed about 0.00048, so is therefore less than 0.0006, and is therefore shown as orange bars and as close to zero line. During off market times where there is very little volatility you will often get a value less than 0.0006, and changing timeframes also greatly affects what value is considered as close to zero line. My suggestion is to go into the indicator settings for the eWave and remove the orange bars all together, just concentrate on fresh crosses of the zero line.
Dave
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immy
- Founder
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- Joined: 22 Nov 2010, 16:46
- 14
Re: AIMS Wave bar color
Hi Kolton,Dave wrote:Hi Kolton, welcome to AIMS!
The eWave has a setting that can display "close to zero line" as these orange bars. I think by default this setting is +/- 0.0006 (but that's from memory, I haven't looked at it for a while). If you look at the scale on the eWave in your picture you'll see that even at the peaks the value doesn't exceed about 0.00048, so is therefore less than 0.0006, and is therefore shown as orange bars and as close to zero line. During off market times where there is very little volatility you will often get a value less than 0.0006, and changing timeframes also greatly affects what value is considered as close to zero line. My suggestion is to go into the indicator settings for the eWave and remove the orange bars all together, just concentrate on fresh crosses of the zero line.
Dave
Excellent reply Dave, thanks and agreed 100%
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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.
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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!
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Kolton
- Free Member
- Posts: 2
- Joined: 22 Mar 2014, 14:24
- 11
Re: AIMS Wave bar color
Thank you Dave and Immy. I'll turn off the orange bars. I actually prefer the older version of AIMS without the new dots and black diamonds. I might turn them off as well if I can. Thanks again.