TS Trend Exhaustion

TS Trend Exhaustion shows you when a trend is stretched, and what happens when that stretch ends.

It watches two Williams %R lines: a fast line (21 bars) and a slow line (112 bars). When both sit near the top of their range, the trend is HOT. When both sit near the bottom, it is COLD. A box grows around those candles, so you can see the stretch at a glance.

Two signals, one clear plan

• TURN – the zone ends and price closes through the trigger line within 3 bars. The stretched move has started to turn.
• RE-JOIN – price pulls back, but the slow line holds its side of -50. When the fast line crosses back, the trend has re-joined.

Every signal comes with a stop and two targets drawn on the chart. For a TURN the stop goes just beyond the zone box. For a RE-JOIN it goes just beyond the pullback. Target 1 is 1× your risk and Target 2 is 2× your risk. You can switch to an ATR stop if you prefer.

Built to be honest

Signals are worked out on closed bars only, so nothing repaints. The panel shows the zone, both %R values, the trend side, the waiting trigger and the current trade. Alerts tell you when a TURN or RE-JOIN prints, so you don't have to watch every bar.

Two parts install together as one package: TS_TrendExhaustion_Zones on the price chart and TS_TrendExhaustion_Osc in its own panel underneath. Both load from their own TS_Trend_Exhaust folder in the Indicators list and use one licence key.

This is a tool to help you read the trend, not a promise of profit. Practise on a simulator first.