OPEN-SOURCE SCRIPT
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Trend Exhaustion Indicator

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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!
Catatan Rilis
updated to match my other indicators
Catatan Rilis
fixed issue with default resolution
Catatan Rilis
Updated to pine v5

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