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
- Open a 5-minute chart. APEX detects sessions on the 5-minute timeframe. Session timing and the signal window are calibrated for 5M.
- Set your timezone under Timezone → Display Timezone.
- Set Pip Size for your instrument. 0.0001 for most forex, 0.01 for JPY pairs. This drives your stop distance, so it matters.
- Choose your sessions. European, London and NY are on by default; Asia / Australia is off.
- 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.
- The session has ended. Signals never fire inside the session hour — the range must lock first.
- Same trading day. Yesterday's range cannot produce today's signal.
- Within the signal window — 60 bars after the session closes, about five hours on 5M. After that the setup expires.
- The candle closes beyond the range — above the high for a long, below the low for a short. A wick through the level is not enough.
- The close agrees with the direction — a long needs a bullish candle, a short a bearish one.
- At least one enabled pattern matches. This is the quality filter that separates a breakout from a drift.
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.
Tuning them
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.
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.
- Stop sits just beyond the opposite side of the range — below the range low on a long, above the range high on a short — offset by your SL Buffer.
- TP1, TP2, TP3 are 1:1, 2:1 and 3:1 multiples of that stop distance. Each can be hidden independently.
- Lines draw on today's signals only, keeping historical charts readable. Older signals still show their labels.
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
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.