Parabolic Exhaustion Pro
Z-score oscillator with premium signal tiers and HTF alignment
Version 5.1 — Parabolic Exhaustion Pro reimagines exhaustion detection as a z-score oscillator (0–100 scale), providing a continuous measure of how extreme the current move is rather than discrete signals.
How It Differs from Standard
| Feature | Parabolic Exhaustion | Parabolic Exhaustion Pro |
|---|---|---|
| Output | Discrete signals (L1-L3/S1-S3) | Continuous oscillator (0-100) |
| Tiers | Confidence gates (3-5/5) | Premium/High/Standard |
| Analysis | 5-gate confirmation | Z-score statistical analysis |
| HTF | Optional filter | Built-in alignment |
| Divergences | Single gate | RSI + Volume divergences |
| Display | Chart overlay | Separate oscillator pane |
Z-Score Oscillator
The oscillator measures how many standard deviations the current price movement is from the mean:
- 0–30: Normal range — no exhaustion signals
- 30–60: Elevated — beginning of potential exhaustion
- 60–80: High — significant exhaustion building
- 80–100: Extreme — strong reversal conditions
Signal Tiers
| Tier | Symbol | Z-Score Range | Description |
|---|---|---|---|
| Premium | 🔥 | 80–100 | Highest conviction — extreme statistical deviation |
| High | ⚡ | 60–80 | Strong signal — significant exhaustion detected |
| Standard | ✓ | 30–60 | Moderate signal — use with additional confirmation |
HTF Alignment
Parabolic Exhaustion Pro includes built-in higher-timeframe alignment:
- Automatically checks the next higher timeframe for confirmation
- Signals that align with HTF exhaustion receive a tier upgrade
- Misaligned signals are downgraded or filtered out
Divergences
The indicator detects two types of divergence:
- RSI Divergence — Price makes a new high/low but RSI does not
- Volume Divergence — Price makes a new high/low but volume is declining
When divergences coincide with high z-score readings, signal quality is significantly enhanced.
Display Modes
A continuous line plot of the z-score value over time. Best for identifying trends in exhaustion buildup.
Vertical bars colored by signal tier. Best for quickly identifying extreme readings.
Zone Warnings
The indicator can highlight warning zones on the oscillator:
- Caution zone (60–80) — Yellow/orange fill indicating building exhaustion
- Danger zone (80–100) — Red fill indicating extreme conditions
Settings Reference
| Setting | Default | Description |
|---|---|---|
| Z-Score Period | 20 | Lookback period for z-score calculation |
| Display Mode | Line | Line or Histogram |
| HTF Alignment | On | Require higher timeframe confirmation |
| RSI Divergence | On | Detect RSI divergences |
| Volume Divergence | On | Detect volume divergences |
| Zone Warnings | On | Show caution/danger zones |
| Signal Tier Filter | Standard | Minimum tier to display |
| Smoothing | 3 | Oscillator smoothing period |