What's new in AIMS Entry Alert V6?

[naqviimran]

Hi Immy,

I am very inquisitive about the new AIMS indicator V6.

I would like to know it capabilities. Does it mechanize the entire process? Do we have to just follow the arrows and instead of waiting for the three rules to unfold?

Please let me know, so that I can decide on my premium membership subscription.

[snorm]

Hi Immy,

I am very inquisitive about the new AIMS indicator V6.

I would like to know it capabilities. Does it mechanize the entire process? Do we have to just follow the arrows and instead of waiting for the three rules to unfold?

Please let me know, so that I can decide on my premium membership subscription.

Hi Imran

As Immy is on holiday and I wrote the indicator, I thought I should reply to your post. Below is an extract of what I posted in the Premium Section - this is one step closer to "mechanize the entire process" but it's not a robot.

Everyone should upgrade to Premium Membership if they haven't already


I just want to give a bit of background to the Alert 6, to help explain why I've developed it the way I have. It's always a bit sad when we see some people struggling with the AIMS System and Bill Williams trading methodologies. Some people come and go; some have asked Immy for refunds because they couldn't be consistently profitable; some persevere with true grit yet struggle to bag those pips on a regular basis. So ... I asked Immy a while back: "What's your favourite setup? The one that has the highest probability of winning? The one that the new members would have the most success with?"
"That's easy", he replied, "Setup 1- Alligator awake on M5 and just awakening on M1"

And so, Alert V6 was born. A relatively simple bit of coding to check if Alligator is awake on the higher time frame and just awake on the current. I took it one step further with the smilies - what if it's just awake on M5 as well? Effectively a possible Setup 1 on the next time frame, without having to refer to that chart. And then, one step further still, a confirmed Setup 1 on M5 with M15 (or M30 or M60) awake - referencing three charts but only looking at one.

The arrows and smilies are intended to get you into a big move as soon as possible, providing opportunities to later add-on and build a sizeable trade. Of course, chaos being chaos, they don't always give winning trades but they should, when selectively traded with the other rules in mind, help to increase the ratio of profitable trades. Price might initially go in the wrong direction of the arrow and smiley, yet often come back and fly in the right direction. I'd suggest noting the price levels of the alerts and see what happens when those levels break.

I don't want to overcomplicate the indicators for people, we'd ultimately like fewer and more reliable signals. The goal is to remove the subjectivity and, of course, increase the profitability, for all the great members of this forum.


Cheers
Steve

[naqviimran]

Hey Steve,

It is always a lovely feeling to get educated by Gurus like you.

I am very happy that you explained the whole process very beautifully. I must say that you are one of those God-gifted individuals who apply their knowledge to help others.

Kudos to your efforts mate! Love you!

Thanks! God bless you!

[pmanisha77]

Hi Steve
may I Know where can I find Alert V6, it seems to be another great development .
I am desirous of experiencing its power of simplifying my trading .
regards
jeewesh

[Herbert]

Hi Jeewesh. You can go here: http://www.itradeaims.net/forum/viewtop ... f=34&t=767" onclick="window.open(this.href);return false;
Herbert

[naqviimran]

Hi Herbet,

I am not a premium member yet, so not able to access the link above. Is the indicator now available for download to premium members?

[Herbert]

Yes Imran. Premium members are using it on their charts already.

Did u purchase the Ewave indicator from Steve yet? A true flagship addition/expansion to the AIMS arsenal. I am in no way contracted or commissioned by Immy or Steve, just a member myself, but i can recommend.... Remember, a Premium membership entitles you to Alertv6, to a nice discount on the Ewave v1.0, of which an update and advanced methodology integrated with it, are to be released soon. The value is without end.....

Regards
Herbert

[snorm]

Yes Imran. Premium members are using it on their charts already.

Did u purchase the Ewave indicator from Steve yet? A true flagship addition/expansion to the AIMS arsenal. I am in no way contracted or commissioned by Immy or Steve, just a member myself, but i can recommend.... Remember, a Premium membership entitles you to Alertv6, to a nice discount on the Ewave v1.0, of which an update and advanced methodology integrated with it, are to be released soon. The value is without end.....

Regards
Herbert

^:)^

[naqviimran]

Thanks Herbert. I think my urge to upgrade to premium membership cannot be contained anymore. I will join the royal club very soon!