Trend Exhaustion Indicator

The Trend Exhaustion Indicator is a custom indicator of mine that is loosely based on the Trend Exhaustion Index created by Clifford L. Creel Ph .D. (Stocks & Commodities V. 9:1 (9-11))

This indicator will let you know the trend reversal points and when it falls below the signal line then the trend is ending vice versa. Buy when the indicator crosses above the signal line and sell when it falls below the signal line.

Let me know if you would like to see me write any other scripts!
リリースノート: updated to match my other indicators
リリースノート: fixed issue with default resolution




wonderful Script. Hey can write script to identify breakout or breakdown prior it breakout or breakdown. It will be great favour for me. Thanks
+2 返信
cheatcountry Kirandeepc
@Kirandeepc, you can send me a message about this
+1 返信
Am trying to convert this so I can autotrade futures in MT5 or python. Can you explain this a bit so I can convert it? Or would you be able to convert it?
cheatcountry TradeFlow1
@TradeFlow1, You can send me a pm about this