Steve's Snorm Fractal FIB Multi 0.2 Indicator

[takin]

Is anyone having the issue of the 5 minute near box remaining on the chart?

Also, what does that long green (sometimes red) vertical bar between the levels indicate?

P.S. It's a very useful indicator Steve, thank you.

[Topher]

Takin

I haven't noticed the 5 min boxes remaining on the chart.

The red and green vertical lines between the 1min high and low is a quick visual to let you know the pip difference between the two is either within or outside the set parameters. e.g. if you have it set at 15 pips and the actual distance on the chart is 10 pips then the bar will be green and if the distance is 16 pips it will be red.

Richard

[Randy Cha]

Hi takin,

I also have the issue of the 5 min lines still remaining on the chart.

Yeah, I would like to know the answers to the same questions.

Also, why are some boxes shaded?

Will appreciate any advice and assistance.

Many thanks in advance,
Randy

[Randy Cha]

Thanks, Richard.

Rgds,
Randy

[takin]

Takin

I haven't noticed the 5 min boxes remaining on the chart.

The red and green vertical lines between the 1min high and low is a quick visual to let you know the pip difference between the two is either within or outside the set parameters. e.g. if you have it set at 15 pips and the actual distance on the chart is 10 pips then the bar will be green and if the distance is 16 pips it will be red.

Richard

Thanks Richard. Do you happen to know why sometimes there is neither a red or green vertical bar?

[immy]

Takin

I haven't noticed the 5 min boxes remaining on the chart.

The red and green vertical lines between the 1min high and low is a quick visual to let you know the pip difference between the two is either within or outside the set parameters. e.g. if you have it set at 15 pips and the actual distance on the chart is 10 pips then the bar will be green and if the distance is 16 pips it will be red.

Richard

Thanks Richard. Do you happen to know why sometimes there is neither a red or green vertical bar?

That bar tells you if the current Upper and Lower AIMS Level is more than 15pips. I'm saying this to everyone, to understand the logic behind V5, you must read The Three Rules Flow Chart and Grants Trade Management! V5 is an attempt to incorporate all the things we always looked for before taking the trades but never really put them down objectively until Grant put them in the shape of the Three Rules Entry Setup Flowchart!

cheers

Immy

[snorm]

Is anyone having the issue of the 5 minute near box remaining on the chart?

Also, what does that long green (sometimes red) vertical bar between the levels indicate?

P.S. It's a very useful indicator Steve, thank you.

Hi Takin

Glad you like the indicator

The 5min Near AIMS Box is left on the chart so you can glance back on previous action and check the levels prior to moves. Switching TFs and back will remove the old boxes. I can remove the feature if the majority would prefer not to have the old boxes left on the charts (I personally find it useful).

Question about green/red bar is very nicely answered in above posts There should always be a bar unless you select not to show it in options.

Cheers
Steve