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Thread: Chandelier Exit Discussion
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Old 09-13-2007, 11:08 AM
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Re: Chandelier Exit Discussion
Quote:
Blu-Ray
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Brown

That link takes you to an ELD but its based on ATR, by my understanding you're after a stop based on 4 ticks below the current close but if the next close is lower (eg if you were long) then the stop wouldn't move.

I could code this up but since you're not trading via an active strategy on that platform then you will have a "show me" on every candle of the day whether it being above or below the candle.

Cheers

Blu-Ray
Blu,
I see, thanks for checking that out.
If there's something you can put together, that would be appreciated and maybe others here could use it as well. I think I can visually see if the stop would need moved, so it could work.

Thanks!

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