Exhaustion [Lite]

EXHAUSTION — Lite is a simplified sequential exhaustion instrument based on a Hull Moving Average with a 9-count structure. It is designed to expose when continuation begins to weaken, not to call tops or bottoms. The Lite version shows local exhaustion pressure only (LTF/MTF).

What the Lite Version Shows

• HMA-based trend state (Green / Red)
  
• Sequential counting up to 9
  
• Local exhaustion points in the current timeframe
  

What it does not include:

• No higher-timeframe structure
  
• No dashboard or multi-timeframe context
  
• Those layers are intentionally removed.
  

How to Use (Lite Workflow):

Core Idea:
Continuation weakens as the count progresses.
The higher the count, the less reliable continuation becomes.

Basic Reading

• Counts 1–3 → early continuation
  
• Counts 4–6 → trend aging
  
• Counts 7–9 → exhaustion risk
  

A 9 marks pressure — not a guaranteed reversal.

Practical Usage:
Trend Context (Single Timeframe)

• Stay aligned with the HMA color
  
• Treat late counts (7–9) as risk, not signals
  
• Avoid entering fresh positions late in the sequence
  

Timing Awareness
Exhaustion matters most near:

• prior highs/lows
  
• liquidity zones
  
• session extremes

The Lite version is about awareness, not execution precision.

Important Note:

Exhaustion — Lite does not show higher-timeframe exhaustion or alignment.
Without HTF context, exhaustion should be treated as local pressure only. If you want: HTF interaction and a multi-time frame dashboard, that belongs to the Full indicator.

*This script doesn't constitute investment advice and isn't created solely for qualified investors.