Corex Smart Bear Bull

The Corex Smart Bear Bull Indicator is a non-repainting trend re-entry tool for MetaTrader 4. It blends five moving averages into a single Fusion line, smooths it through a fast and slow sensitivity layer, paints a colored cloud for trend strength, and overlays a Williams %R triple-stack confidence engine that filters every signal through six independent sub-triggers (Divergence, Extreme Snap, Exhaustion, Continuation, Pullback, Triple). Each signal is scored 0-100 and gated by a counter-trend protection layer, so the trader sees BULL and BEAR trend labels at the moments the regime actually flips, re-entry triangles inside the trend, and exit X marks when the trend gives up. The alert package fires on trend change, re-entry, and exit through any combination of popup, mobile push, email, and sound.

Check MT5 version at: Corex Smart Bear Bull MT5

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How It Works

The Fusion Engine

The Fusion engine averages five smoothing methods — exponential, simple, linear-weighted, Arnaud Legoux (offset 0.85, sigma 6), and a session-anchored VWAP — across a configurable length (default 122 bars). The five-component blend tames the lag of any single MA without producing the noise of an ultra-fast oscillator. The blend is then filtered through two more EMAs at independent sensitivities (default Slow=12, Fast=5), producing the two cloud-defining lines drawn on every chart.

The Trend Cloud

A  DRAW_FILLING  band sits between the Fusion Slow and Fusion Fast lines. When the Fast line sits above the Slow line, the cloud renders in bull yellow-green; when the Fast crosses below the Slow, the cloud flips crimson. The cloud is the at-a-glance trend confirmation: as long as it is the same color as the bar's direction, the regime is intact.

The WPR Triple Stack

Three Williams %R oscillators run in parallel: Fast (period 21), Slow (55), and Turtle (120). Each tracks a different time horizon. The Fast WPR locates entry timing; the Slow WPR confirms intermediate momentum; the Turtle WPR enforces the macro context. All three values are read on every confirmed bar close.

Six Sub-Trigger Detectors

Re-entry triangles only appear when at least one of the six AlphaX Pro sub-triggers fires:

• Divergence — fast WPR diverges from price across two confirmed pivots
• Extreme Snap — fast WPR was deeply oversold (or overbought) on the prior bar and crosses back through threshold
• Exhaustion — moderate WPR extreme combined with velocity confirmation
• Continuation — fast WPR cross with the macro stack already trending in the same direction
• Pullback — moderate uptrend (or downtrend) with a clean WPR cross
• Triple — all three WPRs simultaneously oversold (or overbought)

Confidence Scoring 0-100

Every sub-trigger feeds into a per-signal confidence score on the 0-100 scale. Points are added for Turtle WPR extremes (up to +25), Fast WPR extremes (up to +20), signal type (up to +20), velocity quality (up to +15), session quality (up to +10), price/EMA alignment (up to +5), and signal stacking (up to +15). Points are subtracted for extreme velocity, RSI overheating, the Asia-only / NY-close sessions, and low-volume bars. Signals below the user-configured floor (default 14%) are suppressed.

Trend Alignment Gate

When the Turtle WPR and Slow WPR both indicate a strong opposing trend, the gate blocks the signal unless a recent recovery move appears in the Fast WPR. Strict mode tightens the gate by an additional 5 points on each side. This counter-trend protection layer is what keeps the indicator from buying into strong downtrends or selling strong uptrends.

Non-Repainting Guarantee

All signals fire only on confirmed closed bars (shift ≥ 1). State mutations occur only when a bar newly closes (timestamp comparison), and on-chart drawings are keyed by bar timestamp so they are idempotent across re-evaluations. The indicator does not look ahead, does not redraw past signals, and does not use future bar data.

Key Features

• Five-component Fusion engine: EMA + SMA + LWMA + ALMA + session-anchored VWAP
• Bright yellow-green / crimson trend cloud with  DRAW_FILLING  rendering
• Three Williams %R oscillators (Fast 21 / Slow 55 / Turtle 120) on a single confidence pipeline
• Six independent sub-triggers: Divergence, Extreme Snap, Exhaustion, Continuation, Pullback, Triple
• Per-signal confidence scoring 0-100 with user-defined acceptance floor
• Trend Alignment Gate with optional Recovery Mode and Strict toggle for counter-trend protection
• BULL / BEAR trend labels with configurable cooldown to prevent label spam
• Re-entry triangles (▲ / ▼) at ATR-offset distance with dotted connectors back to the bar
• Exit X marks when the active trend gives up after an entry has been taken
• Non-repainting signal engine — every label and triangle locks at bar close
• 3 EMA trend lines (Fast 21 / Medium 55 / Slow 120) drawn alongside the Fusion cloud
• 12-channel alert package: 3 events (trend / entry / exit) × 4 delivery methods (popup, mobile push, email, sound)
• Optional date-range filter for backtest visualization windows
• Works on all symbols and all timeframes

Complete User Guide & Trading Manual