Corex Smart Bear Bull reads the trend in two layers: a fusion line for the direction, and a Williams %R engine for the moments to act inside it.

THE FUSION LINE

Five moving averages of the same length - exponential, simple, weighted, Arnaud Legoux and the session VWAP - are blended into one and smoothed into a slow and a fast line. The market is bullish while price closes above a rising slow line, bearish while it closes below a falling one, and neutral otherwise; both lines take the colour of that state. A layered cloud fans out from the slow line toward price in the trend colour, fading layer by layer, and a band between the slow and fast lines shows which of them leads.

TREND LABELS

A BULL label appears under the bar where the market turns bullish, and a BEAR label above the bar where it turns bearish. A cooldown keeps two labels in one direction a set number of bars apart.

RE-ENTRY TRIANGLES AND EXITS

While the market is bullish, a lime triangle under a bar marks a buy re-entry; while it is bearish, a red triangle above a bar marks a sell re-entry. They come from a Williams %R engine with three periods: a fast line crossing out of its oversold or overbought zone triggers a candidate, and five kinds of trigger are recognised - snap from an extreme, exhaustion, continuation, pullback, and all three lines stretched at once. Each candidate is scored from 0 to 100 on the readings, the pace of the move, the trading session, the position against the 50 and 200 averages, RSI and volume; several triggers on one bar add a bonus, and a minimum score filters out the weak ones. A trend gate blocks counter-trend candidates while the slower lines show a strong trend, unless the fast line has already recovered from an extreme. After a re-entry, the first opposite signal inside the trend marks an exit with a gray cross. Each mark sits a multiple of the average true range away from the bar, joined to it by a dotted line.

SETTINGS

The fusion length and its two sensitivities, the three reference averages, the three Williams %R periods and their zones, the minimum confidence, the gate and its levels, the recovery rule, the label cooldown, the mark distance and size, an optional date window, and ten colours. Each drawing element has its own switch, and switching one off changes the drawing only: the values, alerts and webhook carry on.

ALERTS AND WEBHOOK

Six events: Bull Trend, Bear Trend, Re-Entry Long, Re-Entry Short, Exit Long and Exit Short. Each has its own switch and can fire when the bar closes or as soon as the condition is met. Delivery is a log line, a sound or an e-mail. There is also a webhook: enter an address and each event is posted to it as JSON, as plain text, or in a template you write yourself with placeholders for the symbol, timeframe, time, prices, both fusion lines, the trend and both confidence scores. It stays off until you enter one, it sends nothing during the history pass or in a backtest, and it needs no special access rights - posts go out through cTrader's own networking service.

FOR cBOTS

Fourteen output series: both fusion lines, the three averages, the trend, both confidence scores and one series per event.

TYPE AND WINDOW

A trend indicator with signals, drawn on the price chart.

TIMEFRAMES AND INSTRUMENTS

Any time-based timeframe; the defaults read well from M5 to H4. It works on any instrument - forex pairs, metals, indices and crypto. The session VWAP and the volume filter use the broker's tick volume, and the session day opens at 17:00 New York time.

WHO IT IS FOR

Traders who follow a trend and want marked, scored moments to join it or to step aside, with an alert at each one.

NOTES

The marks follow the bar that is still forming, so one can appear and disappear until that bar closes. Alerts and webhook posts default to bar close, where the condition is final. The chart keeps the newest 500 labels and 50 connector lines; a display switch keeps them all.

Trading involves risk. Past performance does not guarantee future results.