Exhausted (easy closing signals)

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Trading with the trend is trading with the flow

When the prevailing trend is up, why would you want to look for short entries when buying might result in much smoother trades? Many amateur traders, even when facing a very obvious trend can’t stop trying to predict reversals and burn their fingers going counter-trend, so this indicator wil help you to identity possible exausted zones, where reverse or trend breaking could be a real possility

It allows to the trader to identiy take a position long or short entry triggerd by this indicator, also it will show you continuation signals

Benefits:

  • You will get notified when it is suggested to protect profit or exits long and short positions
  • It´s suitable for manual trading
  • It works in any time frame or market like Forex, Crypto or stocks and derivates

Meaning of colors:

Dark Red: suggestion protect profits Long
Red: suggestion exit Long

Dark green: suggestion protect profits Short
Green: suggestion exit Short

-You can activate notification alerts for any of the conditions.

Exhausted by VerticaltradersIndicators on TradingView.com

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https://www.tradingview.com/u/VerticaltradersIndicators

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