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Magic 13 for China Stock Market

77
Price Exhaustion Counter - 9/13 Signals

This indicator tracks consecutive closes relative to their 4-bar precedent, identifying potential trend exhaustion points.

KEY FEATURES:
- Counts consecutive higher/lower closes up to 9
- Extends counting to 13 for confirmation signals
- Customizable early warning display (counts 5-8)
- Background highlighting for approaching signals
- Clean, non-overlapping label placement

SIGNAL GUIDE:
- Counts 5-8 (orange): Early momentum warning
- Count 9 (purple/green badge): Primary exhaustion signal
- Counts 10-13 (green/purple): Extended momentum - stronger reversal potential

CUSTOMIZATION:
- Toggle early signals visibility
- Adjust label offset for clarity
- Enable/disable background hints
- All timeframes supported

Identifies high-probability reversal zones based on consecutive price action.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.