INVITE-ONLY SCRIPT
AIMS Box TV [ Trade in line with the Structure of the Market]
Introduction to AIMS Box
The Market has an underlying Unseen Structure that can be revealed by using this indicator.
The underlying structure of the Market is Elliott Wave. And the Underlying Structure of Elliott Wave is the Fractals. This BOX is based on the Fractals.
The AIMS Box is created using the fractals. The Upper and Lower Levels require a minimum of five bars with the top of the box being the upper Fractal; the bottom of the box, the lower Fractal
The AIMS Levels are the high and low of the AIMS Box – the upper and lower Fractals.
This indicator, by itself, provided the concept that revolutionised my trading.
AIMS Box can be used for
1. Calculating Risk Per Trade
2. To Find the Trend of the Market i.e. Stepping Up is Uptrend and Stepping Down is Down Trend.
3. The box lower levels are used for Trailing Stops for Buy Orders and Box High levels are used for Trailing Stop for Sell Trades.
Anatomy of the AIMS Box and the AIMS Levels
As mentioned earlier, the AIMS Boxes are formed using high and low Fractals. A new AIMS Box will be created whenever price makes a new high or low Fractal.
The bottom of the AIMS Box – the Lower AIMS Level - is created when a low Fractal is formed i.e. the low of a candle is lower than two candles to the left and two candles to the right.
The AIMS Level clearly shows support and resistance – where price approached a level and could not go further, forcing it to retrace on itself.
Pending Sell Order is set 1 pip below the lower AIMS Level (provided it’s a correct Setup).
The top of the AIMS Box – the Upper AIMS Level - is created when a high Fractal is formed i.e. the high of a candle is higher than two candles to the left and two candles to the right.
Pending Buy Order is set 1 pip + spread above the AIMS Box (provided it’s a correct Setup).
Benefits of this Indicator:
AIMS Box also generates the following additional information about the market:
The market always creates an AIMS Box before it turns around.
Every trend starts and ends with an AIMS Level.
Entries are always taken on the breakout of the AIMS Box.
We don’t take entries inside the AIMS Box on the timeframe that produced the Setup.
When price is inside the grey shaded zone, it is inside the AIMS Box; it is within the AIMS
How to Get Access to This Script?
Contact me using the link below to gain access.
The Market has an underlying Unseen Structure that can be revealed by using this indicator.
The underlying structure of the Market is Elliott Wave. And the Underlying Structure of Elliott Wave is the Fractals. This BOX is based on the Fractals.
The AIMS Box is created using the fractals. The Upper and Lower Levels require a minimum of five bars with the top of the box being the upper Fractal; the bottom of the box, the lower Fractal
The AIMS Levels are the high and low of the AIMS Box – the upper and lower Fractals.
This indicator, by itself, provided the concept that revolutionised my trading.
AIMS Box can be used for
1. Calculating Risk Per Trade
2. To Find the Trend of the Market i.e. Stepping Up is Uptrend and Stepping Down is Down Trend.
3. The box lower levels are used for Trailing Stops for Buy Orders and Box High levels are used for Trailing Stop for Sell Trades.
Anatomy of the AIMS Box and the AIMS Levels
As mentioned earlier, the AIMS Boxes are formed using high and low Fractals. A new AIMS Box will be created whenever price makes a new high or low Fractal.
The bottom of the AIMS Box – the Lower AIMS Level - is created when a low Fractal is formed i.e. the low of a candle is lower than two candles to the left and two candles to the right.
The AIMS Level clearly shows support and resistance – where price approached a level and could not go further, forcing it to retrace on itself.
Pending Sell Order is set 1 pip below the lower AIMS Level (provided it’s a correct Setup).
The top of the AIMS Box – the Upper AIMS Level - is created when a high Fractal is formed i.e. the high of a candle is higher than two candles to the left and two candles to the right.
Pending Buy Order is set 1 pip + spread above the AIMS Box (provided it’s a correct Setup).
Benefits of this Indicator:
- Objective information generated by the AIMS Box and its Levels
- Crystal clear entry levels.
- Stop-loss levels – clear support and resistance levels.
- Money management information.
- Position/lot size information.
- Trailing stop-loss mechanism.
AIMS Box also generates the following additional information about the market:
The market always creates an AIMS Box before it turns around.
Every trend starts and ends with an AIMS Level.
Entries are always taken on the breakout of the AIMS Box.
We don’t take entries inside the AIMS Box on the timeframe that produced the Setup.
When price is inside the grey shaded zone, it is inside the AIMS Box; it is within the AIMS
How to Get Access to This Script?
Contact me using the link below to gain access.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact iTradeAIMS for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
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Disclaimer
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