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Signals & Chart Anatomy

AIMS LOBOT (London Open Breakout Tool) generates precision breakout signals by filtering Inside Bar consolidations ("The Seed") against a strictly day-bounded Session Open benchmark level.


Anatomy of the Day-Bounded Open Line​

Unlike basic indicators that plot continuous moving averages or jagged step lines connecting overnight sessions, AIMS LOBOT draws a clean, strictly day-bounded horizontal benchmark:

  • Session Anchor: Established at InpOpenHour:InpOpenMinute (default: 09:00 broker server time / London Open).
  • Zero Overnight Slopes: The line spans exclusively across the current trading day from the anchor hour to the final candle of the day.
  • Visual Reference: Plotted in dotted/dashed deep sky blue (InpDailyOpenColor), functioning as the intra-day institutional equator.

Signal Conditions & Trigger Mechanics​

1. 🔵 Bullish Breakout Signal (Buy Arrow)​

  • Inside Bar Condition: The active candle forms completely inside the range of the preceding mother candle (High[0] <= High[1] and Low[0] >= Low[1]).
  • Open Line Filter: The candle forms above the Session Open benchmark (Low > OpenLine, or High > OpenLine and Close >= OpenLine).
  • Visual Execution:
    • Small native blue up arrow (Wingdings #241 ▲) plotted directly underneath candle low.
    • Entry line tagged at High + InpBufferPips.
    • Stop loss line tagged at Low - InpBufferPips.

2. 🔴 Bearish Breakout Signal (Sell Arrow)​

  • Inside Bar Condition: The active candle is an Inside Bar bounded by the preceding mother bar.
  • Open Line Filter: The candle forms below the Session Open benchmark (High < OpenLine, or Low < OpenLine and Close < OpenLine).
  • Visual Execution:
    • Small native red down arrow (Wingdings #242 ▼) plotted directly above candle high.
    • Entry line tagged at Low - InpBufferPips.
    • Stop loss line tagged at High + InpBufferPips.

Programmatic Buffers (iCustom Integration)​

Automated trading strategies and custom EAs can inspect LOBOT signals through 4 dedicated buffers:

Buffer IndexNameTypeValue OutputDescription
0BuySignalBufferDRAW_ARROWPrice or 0.0Entry price when Buy arrow is present
1SellSignalBufferDRAW_ARROWPrice or 0.0Entry price when Sell arrow is present
2DailyOpenBufferDRAW_NONEPrice levelSession Open price level for that bar
3InsideBarBufferDRAW_NONE1.0 or 0.01.0 if candle is an Inside Bar, else 0.0