Signals & Chart Anatomy
The AIMS Momentum Indicator visually combines the canonical 4-colour AIMS Wave candlestick overlay with high-probability directional breakout arrows and an active entry/stop bracket.
4-Colour Candlestick Anatomy
The indicator overlays custom 4-colour candles reflecting the exact momentum state of the market:
- Lime Green (
InpColorLime): Strong bullish impulsion (AO >= 0and rising). - Dark Green (
InpColorDarkGreen): Bullish deceleration / pullback (AO >= 0and falling). - Red (
InpColorRed): Strong bearish impulsion (AO < 0and falling). - Maroon (
InpColorMaroon): Bearish deceleration / pullback (AO < 0and rising).
Directional Momentum Breakout Triggers
Signals trigger upon the close of a candle that marks an acceleration shift out of a corrective pullback back into the dominant trend:
1. 🔵 Bullish Momentum Buy Signal
- Structural Trend Gate:
- Alligator is fully expanded upward (
Lips > Teeth > Jaws). - Price is trading above the Purple Magic Line (
SMMA 34, shift 21).
- Alligator is fully expanded upward (
- Momentum Shift:
- Candle closes Lime Green (
AO >= 0and rising). - The preceding bar was a non-Lime pullback bar (Dark Green, Red, or Maroon).
- Candle closes Lime Green (
- Chart Display:
- Small blue up arrow (Wingdings
#241▲) plotted below candle low. - Active order bracket projected forward with blue Entry line and dashed Stop Loss line.
- Small blue up arrow (Wingdings
2. 🔴 Bearish Momentum Sell Signal
- Structural Trend Gate:
- Alligator is fully expanded downward (
Lips < Teeth < Jaws). - Price is trading below the Purple Magic Line (
SMMA 34, shift 21).
- Alligator is fully expanded downward (
- Momentum Shift:
- Candle closes Red (
AO < 0and falling). - The preceding bar was a non-Red pullback bar (Maroon, Lime, or Dark Green).
- Candle closes Red (
- Chart Display:
- Small red down arrow (Wingdings
#242▼) plotted above candle high. - Active order bracket projected forward with red Entry line and dashed Stop Loss line.
- Small red down arrow (Wingdings
Active Order Bracket & Stop Loss Modes
When InpShowPriceLevels = true, the indicator projects an active execution bracket forward across InpBracketBars:
- Entry Line: Solid horizontal line positioned at
High + buffer(Buy) orLow - buffer(Sell). - Stop Loss Line: Dashed horizontal line calculated according to
InpSLMethod:MOM_SL_CANDLE_EXTREME(Mode 0): Placed at the Signal candle Low (Buy) or High (Sell) plus buffer.MOM_SL_GATOR_JAWS(Mode 1): Dynamic stop pegged to the Alligator Blue line (Jaws: SMMA 13, shift 8).MOM_SL_FRACTAL(Mode 2): Pegged to the most recent swing/fractal low (Buy) or high (Sell).
Programmatic Buffers (iCustom Integration)
| Buffer Index | Buffer Name | Type | Value Range | Description |
|---|---|---|---|---|
| 0 | BuySignalBuffer | DRAW_ARROW | Price or 0.0 | Value holds entry price when Buy arrow is present, else 0.0 |
| 1 | SellSignalBuffer | DRAW_ARROW | Price or 0.0 | Value holds entry price when Sell arrow is present, else 0.0 |
| 2 | WaveColorBuffer | DRAW_NONE | 0.0 – 3.0 | State: 0.0=Lime, 1.0=Dark Green, 2.0=Red, 3.0=Maroon |