Extra indicators
Chandelier Exit
Trailing stop levels set a few ATRs away from the highest high (for longs) or lowest low (for shorts).
用通俗的话解释
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.
计算方法
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)如何使用
- 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.
得出结论
- A wider multiple keeps you in longer trends but gives back more profit.
示例
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.
示例中的价格仅作说明。
注意事项
- In choppy markets the price can close beyond the line and turn back.
一点历史
Developed by Chuck LeBeau and popularised by Alexander Elder in "Come Into My Trading Room" (2002).
仅供学习参考。 没有任何指标或形态能预测未来，本页内容均不构成投资建议。