diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index ee535e9c3..db81a81ba 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -1125,9 +1125,10 @@ class FreqtradeBot(LoggingMixin):
         )
         for should_exit in exits:
             if should_exit.exit_flag:
+                exit_tag1 = exit_tag if should_exit.exit_type == ExitType.EXIT_SIGNAL else None
                 logger.info(f'Exit for {trade.pair} detected. Reason: {should_exit.exit_type}'
-                            f'{f" Tag: {exit_tag}" if exit_tag is not None else ""}')
-                exited = self.execute_trade_exit(trade, exit_rate, should_exit, exit_tag=exit_tag)
+                            f'{f" Tag: {exit_tag1}" if exit_tag1 is not None else ""}')
+                exited = self.execute_trade_exit(trade, exit_rate, should_exit, exit_tag=exit_tag1)
                 if exited:
                     return True
         return False