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AIMS Purple Magic
The Alligator is a Very Powerful Indicator
Some people think it's just 3 moving averages. But in reality, it is far more than that.
Read more about Alligator and Bill Williams
The Purple Magic Line has been derived from Bill Williams Alligator. Together the Alligator we call the AIMS Gator.
It is a smooth moving average based on the Chaos Red Line of the 5 times higher time frame.
Our Mantra: If you trade in line with the trend of the 5 times higher time frame, you will have a higher chance of catching breakouts in the direction of the trend.
So we have this rule, Always Trade when Price is Going Away from The Purple Line. Simple as that.
Buy Only: Price above the Purple Line
Sell Only: Price below the Purple Line.
What is The Alligator?
The Alligator Indicator was developed by Bill Williams and combines moving averages with fractal geometry.
The indicator helps traders to identify if the market is trending.
Each has different lookback periods and offsets that can be set by the user.
The alligator is easy to use and can find trade setups, based on how close together or how far apart the lines are, resembling an alligator opening and closing his mouth. This indicator can be used in combination with other analysis techniques.
Based on calculations of Non-Linear mathematical formula we have arrived at a way to calculate the Trend of the 5 times higher time frame
The Purple Magic Indicates :
The Trend of Current and 5 times higher time frame
It helps prevent trading into Wave 4
It helps with counting Wave 3 and 4
You can use it to time early entry into Wave 5
The bounce of Purple after a wave 3 is often a 50% fib retracement.
Examples:
In the picture below you see an M5 chart and M1 chart.
On the left side, you see Alligator Red Line on the 5-minute chart
on the right side, you see The Purple Magic line. Which depicts the same price regions.
This is the Sweet Spot where we take trades.
In line with The Awesome oscillator if you time your entries based on a pullback towards the purple, it can be a system on its own. Nothing else required. But we have a better method.
When we put together, AIMS The Box, AIMS The Gator, and AIMS The Wave indicators, things work even smoother.
For more information visit the link below.
Some people think it's just 3 moving averages. But in reality, it is far more than that.
Read more about Alligator and Bill Williams
The Purple Magic Line has been derived from Bill Williams Alligator. Together the Alligator we call the AIMS Gator.
It is a smooth moving average based on the Chaos Red Line of the 5 times higher time frame.
Our Mantra: If you trade in line with the trend of the 5 times higher time frame, you will have a higher chance of catching breakouts in the direction of the trend.
So we have this rule, Always Trade when Price is Going Away from The Purple Line. Simple as that.
Buy Only: Price above the Purple Line
Sell Only: Price below the Purple Line.
What is The Alligator?
The Alligator Indicator was developed by Bill Williams and combines moving averages with fractal geometry.
The indicator helps traders to identify if the market is trending.
- It consists of 3 lines: the blue line (aka the Alligator's Jaw),
- the red Line (aka the Alligator's Teeth) and
- the green Line (aka the Alligator's Lips).
Each has different lookback periods and offsets that can be set by the user.
The alligator is easy to use and can find trade setups, based on how close together or how far apart the lines are, resembling an alligator opening and closing his mouth. This indicator can be used in combination with other analysis techniques.
Based on calculations of Non-Linear mathematical formula we have arrived at a way to calculate the Trend of the 5 times higher time frame
The Purple Magic Indicates :
The Trend of Current and 5 times higher time frame
It helps prevent trading into Wave 4
It helps with counting Wave 3 and 4
You can use it to time early entry into Wave 5
The bounce of Purple after a wave 3 is often a 50% fib retracement.
Examples:
In the picture below you see an M5 chart and M1 chart.
On the left side, you see Alligator Red Line on the 5-minute chart
on the right side, you see The Purple Magic line. Which depicts the same price regions.
This is the Sweet Spot where we take trades.
In line with The Awesome oscillator if you time your entries based on a pullback towards the purple, it can be a system on its own. Nothing else required. But we have a better method.
When we put together, AIMS The Box, AIMS The Gator, and AIMS The Wave indicators, things work even smoother.
For more information visit the link below.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、iTradeAIMSに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
To get our premium tools visit: itradeaims.net
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、iTradeAIMSに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
To get our premium tools visit: itradeaims.net
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。