Exhausted (Expo) indicator visualize exhausted . Exhaustion often signals the reversal of a current trend because it illustrates excess levels of supply or demand, indicating a market is either overbought or oversold.
The indicator can also be used to detect pressure in either direction which can occur in breakouts or in reversal points. The input variable ‘Volume Length’ can be changed. A longer length means that the indicator detects bolder exhausted .
HOW TO USE
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