Extra indicators
Chandelier Exit
Trailing stop levels set a few ATRs away from the highest high (for longs) or lowest low (for shorts).
الفكرة بكلمات بسيطة
A stop should give the trade room to breathe in proportion to how much the market normally moves. The chandelier "hangs" the long stop from the highest high, at a distance of a multiple of the average true range.
طريقة الحساب
Long exit = highest high of N candles − multiple × ATR(N). Short exit = lowest low of N candles + multiple × ATR(N).
Long exit = HH(N) − m × ATR(N)
Short exit = LL(N) + m × ATR(N) (defaults N = 22, m = 3)كيفية الاستخدام
- As a trailing stop: keep a long position while the price stays above the long exit line.
- A close beyond the line is a common signal to leave the trade.
استخلاص النتائج
- A wider multiple keeps you in longer trends but gives back more profit.
مثال
XAUUSD daily: the highest high of 22 days is 2,450 and the ATR 28, so the long exit sits at 2,450 − 84 = 2,366. A close below 2,366 would end the trade.
الأسعار في الأمثلة للتوضيح.
ما يجب الانتباه إليه
- In choppy markets the price can close beyond the line and turn back.
لمحة تاريخية
Developed by Chuck LeBeau and popularised by Alexander Elder in "Come Into My Trading Room" (2002).
محتوى تعليمي فقط. لا يتنبأ أي مؤشر أو نمط بالمستقبل، ولا شيء هنا يُعد نصيحة استثمارية.