Hello subscribers,
Please ensure that you are using the latest version of the Exhaustion Signal indicator on your TradingView: https://www.tradingview.com/v/VFjyDUJx/
Adding the Level 3 signals increased the complexity of the calculations and caused some unexpected results. These bugs have been resolved in the latest version.
TradingView does not automatically update your chart to the latest version of the indicators.
If you have any questions or suggestions, please do not hesitate to contact me at chartingcycles@gmail.com.
CC
Win Rate = the percentage of signals where price moves favorably within the next 5 bars. Tested on daily/weekly/monthly histories using up to 30/60/90 years of data (as available). The number in parentheses is the signal count (N).
Median % Move = the median of each signal’s best percent change within the 1–5 bar forward window. Each signal’s best outcome is identified independently, then the median is calculated across all signals. Median is shown because it’s more robust than an average when outliers exist. Note: this differs from the backtester dashboard, which shows the median at each individual candle offset (a fixed holding period).
An asterisk (*) indicates multi-timeframe continuity: the same-direction exhaustion signal appears on 2+ timeframes within the defined alignment window.
The content provided by ChartingCycles is for educational and informational purposes only and should not be construed as financial advice. We are not a registered investment advisor (RIA) or broker-dealer. Trading in financial markets involves a high degree of risk and you should not invest money you cannot afford to lose.
Hypothetical Performance Disclosure: Past performance is not indicative of future results. Some results presented may be based on simulated or hypothetical performance, which has inherent limitations and does not represent actual trading.
