OPEN-SOURCE SCRIPT
Matrix 9-13 Exhaustion [Institutional Edition]

Matrix 9-13 Exhaustion Terminal is a sequential market analysis tool designed to help users monitor extended directional movement and possible momentum fatigue phases.
The script is inspired by count-based exhaustion concepts that track persistent bullish or bearish pressure over multiple bars.
Its purpose is to highlight areas where a trend may be becoming stretched, slowing down, or entering a potential reaction phase.
Rather than predicting reversals, the tool provides a structured framework for observing trend maturity and possible exhaustion conditions.
Designed for multi-market use, it can be applied across different timeframes depending on user preference.
This tool may help users with:
Monitoring prolonged trend movement
Detecting possible momentum fatigue zones
Identifying stretched market phases
Supporting pullback or reversal watchlists
Adding confluence to existing systems
Organizing sequential trend behavior visually
Suitable for:
Reversal traders
Swing traders
Momentum traders
Trend maturity analysts
Multi-indicator traders
Users studying exhaustion logic
If structured trend analysis and momentum-cycle tools are part of your workflow, you may also find additional research tools on this profile useful.
The script is inspired by count-based exhaustion concepts that track persistent bullish or bearish pressure over multiple bars.
Its purpose is to highlight areas where a trend may be becoming stretched, slowing down, or entering a potential reaction phase.
Rather than predicting reversals, the tool provides a structured framework for observing trend maturity and possible exhaustion conditions.
Designed for multi-market use, it can be applied across different timeframes depending on user preference.
This tool may help users with:
Monitoring prolonged trend movement
Detecting possible momentum fatigue zones
Identifying stretched market phases
Supporting pullback or reversal watchlists
Adding confluence to existing systems
Organizing sequential trend behavior visually
Suitable for:
Reversal traders
Swing traders
Momentum traders
Trend maturity analysts
Multi-indicator traders
Users studying exhaustion logic
If structured trend analysis and momentum-cycle tools are part of your workflow, you may also find additional research tools on this profile useful.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.