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Signals & Chart Anatomy

AIMS LOBOT Cherry merges the Cherry Reversal Pin-Bar pattern with the day-bounded Session Open baseline and Grant's AO momentum filter.


Anatomy of the Cherry Candlestick Pattern​

A "Cherry" represents an institutional liquidity probe—a rapid sweep of a recent swing high or low that fails to sustain follow-through and closes aggressively back inside:

Bullish Cherry Characteristics:​

  • Liquidity Sweep: Bar Low pierces below the previous bar's Low (Low[0] < Low[1]).
  • Structural Extreme: Bar Low is the lowest low across the lookback period (Low[0] <= Lowest_X, default 3 bars).
  • Midpoint Rejection: Bar closes firmly in the upper half of its total range (Close[0] > Midpoint[0]).
  • Volatility Cap: Bar range remains <= 10 pips on M1, or <= 3.0 * ATR(60) on higher timeframes.

Bearish Cherry Characteristics:​

  • Liquidity Sweep: Bar High pierces above the previous bar's High (High[0] > High[1]).
  • Structural Extreme: Bar High is the highest high across the lookback period (High[0] >= Highest_X, default 3 bars).
  • Midpoint Rejection: Bar closes firmly in the lower half of its total range (Close[0] < Midpoint[0]).
  • Volatility Cap: Within maximum ATR expansion bounds.

Directional Session Open Filter​

To eliminate counter-trend wicks that form against the prevailing session bias:

  • 🔵 Buy Cherry: Must form with its High/Close above the Daily Open Line (Low > OpenLine, or High > OpenLine and Close >= OpenLine).
    • Renders a small native Blue Arrow (Wingdings #241 ▲) below the candle.
    • Projects entry line at High + InpBufferPips and SL at Low - InpBufferPips.
  • 🔴 Sell Cherry: Must form with its Low/Close below the Daily Open Line (High < OpenLine, or Low < OpenLine and Close < OpenLine).
    • Renders a small native Red Arrow (Wingdings #242 ▼) above the candle.
    • Projects entry line at Low - InpBufferPips and SL at High + InpBufferPips.

Programmatic Buffers (iCustom Integration)​

Buffer IndexNameTypeValue RangeDescription
0BuySignalBufferDRAW_ARROWPrice or 0.0Value holds entry price when Buy arrow is plotted
1SellSignalBufferDRAW_ARROWPrice or 0.0Value holds entry price when Sell arrow is plotted
2DailyOpenBufferDRAW_NONEPrice levelDay-bounded Session Open price level
3CherrySignalBufferDRAW_NONE1.0, -1.0, 0.01.0 (Bull Cherry), -1.0 (Bear Cherry), 0.0 (None)