Aims Waves 5.1

Here you can ask questions about All the Indicators that we Use.

- AIMS Box Indicator previously AIMS Levels
- AIMS Gator previousl AIMSiGator
- AIMS Entry Alert
- AIMS Wave - aka AIMS AO
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ianmckay
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Joined: 26 Oct 2011, 07:49
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Aims Waves 5.1

Unread post by ianmckay »

In addition to Light and Dark Green and Red and Maroon bars - which have been described in detail. I am also getting Orange bars both above and below zero line - what do these indicate
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Herbert
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Re: Aims Waves 5.1

Unread post by Herbert »

Hey Ian. Here is a brief desription of it by Immy. You can find in this thread: http://www.itradeaims.net/forum/viewtopic.php?f=4&t=501

Regards
Herbert

2. The Cross of Zero Line and Close to Zero Line
AIMS Waves and its cross of Zero Line is a very important factor in AIMS Stress Free Trading System.
The newbies in specific always ask the question, "how close is close to zero line".
Well, now at least on M1 and M5 by default you should always know what is close to zero line. When AO Bars turn Orange you can consider it as being Close to Zero Line. This is a customisable setting. It is different for each time frame and currency pair. But for EUR/USD M5 and M1 you dont need to change anything.
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AIMS - The art of Trading markets successfully
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