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outbreeak
13. Sept. 2020 08:07

Chandelier Exit + ATR Trailing Stop + ATR Bands 

Binance Coin / TetherUSBinance

Beschreibung

ATR stop indicators

Versionshinweise

Trailing Stop fixed.

Versionshinweise

Code cleaning

Versionshinweise

Added: Band Smoothening By Averaging

Versionshinweise

1) Added chandelier lines fill
2) Trailing stop style changed to circles for better visibility
3) Lower ATR band can't go below 0
Kommentare
OTCFinancial
Hi. Can you explain how this indicator works?
subtrading
Will you explain how to trade with this indicator?
smart-trade-saint
@mj89 @subtrading Chandelier Exit gives us the Take Profit level. ATR can be used as a Stop Loss indicator. For short positions ATR + Current High = Stop Loss. And for long positions ATR - Current Low = Stop Loss. This is as far as my knowledge goes. Haven't tried this indicator yet, though.
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