APEX Pro — how to use it

Pro acts on the range. It measures the opening hour of a session, then watches for a decisive close beyond it — checking the breakout candle against real candlestick patterns rather than accepting any close, and drawing your stop and three targets from the range itself.

Quick start

  1. Open a 5-minute chart. APEX detects sessions on the 5-minute timeframe. Session timing and the signal window are calibrated for 5M.
  2. Set your timezone under Timezone → Display Timezone.
  3. Set Pip Size for your instrument. 0.0001 for most forex, 0.01 for JPY pairs. This drives your stop distance, so it matters.
  4. Choose your sessions. European, London and NY are on by default; Asia / Australia is off.
  5. Create the alert. Right-click → Add alert → Condition: APEX Pro → Any alert() function call.

How a signal forms

Every condition below must be true. Any one of them failing means no signal.

SESSION SIGNAL WINDOW — 60 BARS HIGH LOW inside the range — no signal CLOSE ABOVE UK LONG TP1 SL

The five patterns

Patterns are OR logic — a signal fires if the breakout candle matches any one you have enabled. More patterns means more signals; fewer means stricter, rarer ones. Engulfing Body is the only one on by default.

Engulfing Body
On
A decisive body — the workhorse pattern
Marubozu
Off
Full body, almost no wick. Strong momentum
Pin Bar / Liquidity Grab
Off
A long wick sweeps the level, price closes back through
Two-Bar Reversal
Off
A small candle fully engulfed by the next
Fakey / False Break
Off
Breaks one side, reverses, closes beyond the other

Tuning them

Min Body Size
0.5
Raise for stricter Engulfing and Two-Bar signals
Marubozu Max Wick
0.05
Raise slightly if Marubozu never triggers
Pin Bar Min Wick Ratio
0.6
Lower for more pin bars
One Signal Per Direction
On
Locks a session after a signal in that direction. Long and short lock separately

How many signals to expect

Each session — European, London, New York and Asia / Australia — is tracked independently. A quiet London does not stop a New York setup.

Within a session, long and short are also tracked separately. Once a long fires, no further longs can fire from that session today — but a short still can, if price reverses all the way back through the range and closes beyond the other side. So a single session can, in principle, produce one long and one short.

A long and a short from the same session is not a bug
It means price broke out one side, reversed, and closed beyond the other — which is real information about the session. If you would rather only ever act on the first signal of the day, simply ignore the second, or trade fewer sessions.

Stop loss and targets

APEX places risk from the session range itself, not from a guessed pip count.

Set Pip Size first
0.0001 for most forex, 0.01 for JPY pairs, adjust for indices. Your entire stop distance and therefore all three targets are derived from it. Get this wrong and every level on the chart is wrong.

Sessions and daylight saving

European Open
08:00 – 09:00
On by default
London Open
09:00 – 10:00
On by default
New York Open
15:30 – 16:30
On by default
Asia / Australia
23:50 – 00:50
Off by default

Clock changes do not land on the same date in every region. If a session box looks an hour out, correct it with the start-hour inputs under Timezone — for example, set NY Open start hour to 14 when US clocks shift ahead of the UK.

Troubleshooting

No signals appearing

Check the obvious first: are you on a 5-minute chart, is the session enabled, and has the session hour finished? Signals only fire after the range locks, and only for 60 bars afterwards. If it is still quiet, you may be filtering too hard — One Signal Per Direction Per Session is on by default, so a session that has already fired a long will not fire another long today.

Too many signals

Enable fewer patterns, or raise Min Body Size so only decisive candles qualify. Turning off sessions you do not trade will quieten the chart considerably.

Alert fired but no label on the chart

Repaint is on and the candle closed without confirming. This is expected behaviour — see the Repaint and timing guide.

APEX Pro

Breakout signals, five pattern filters, automatic stop and targets, alerts. £29 / month · 7-day free trial

Start free trial

Risk warning Trading foreign exchange, indices and other leveraged instruments carries a high level of risk and can result in the loss of all of your capital. APEX indicators are analysis tools for educational purposes only. They do not constitute financial, investment or trading advice, and no recommendation is made as to the suitability of any instrument or strategy for any individual. Past market behaviour does not predict future results. All illustrations depict indicator behaviour and are not live market data or a record of trading results. You are solely responsible for your own trading decisions.