  We introduce a two-parameter function $\phi_{q_+,q_-}$ on the infinite
hyperoctahedral group, which is a bivariate refinement of the reflection length
keeping track of the long and the short reflections separately. We show that
this signed reflection function $\phi_{q_+,q_-}$ is positive definite if and
only if it is an extreme character of the infinite hyperoctahedral group and we
classify the corresponding set of parameters $q_+,q_-$. We construct the
corresponding representations through a natural action of the hyperoctahedral
group $B(n)$ on the tensor product of $n$ copies of a vector space, which gives
a two-parameter analog of the classical construction of Schur--Weyl.
  We apply our classification to construct a cyclic Fock space of type B
generalizing the one-parameter construction in type A found previously by
Bo\.zejko and Guta. We also construct a new Gaussian operator acting on the
cyclic Fock space of type B and we relate its moments with the
Askey--Wimp--Kerov distribution by using the notion of cycles on
pair-partitions, which we introduce here. Finally, we explain how to solve the
analogous problem for the Coxeter groups of type D by using our main result.
