Chandelier Exit

2019年3月6日

This is a redesign of the Chandelier Exit indicator. It removes stupid transitions between Chandelier Exit' states and highlights initial points for both lines.

This indicator was originally developed by Charles Le Beau and popularized by Dr. Alexander Elder in his book "Come Into My Trading Room: A Complete Guide to Trading" (2002).

In short, this is a trailing stop-loss based on the Average True Range (ATR).

2019年8月3日

發行說明

• Added Buy/Sell alerts
  
• Added Buy/Sell labels
  

2019年8月3日

發行說明

• Fix erratum
  

2019年8月25日

發行說明

• Updated to v4
  

2019年10月12日

發行說明

• Added long/short state highlighting
  

2020年11月27日

發行說明

• Update
  

2023年11月25日

發行說明

• Upgraded to PineScript V5
  
• Added option to wait for bar confirmation before triggering an alert
  

7月28日

發行說明

• Pine Script V6
  
• Minor UI improvements
  
• Refactoring
  

If you need any customization, feel free to contact me via direct messages or on Telegram.
Good luck!