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TREND1

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Tuesday, 06/21/2016 11:28:41 AM

Tuesday, June 21, 2016 11:28:41 AM

Post# of 17387
Chandelier Exit

Introduction


Developed by Charles Le Beau and featured in Alexander Elder's books, the Chandelier Exit sets a trailing stop-loss based on the Average True Range (ATR).
The indicator is designed to keep traders in a trend and prevent an early exit as long as the trend extends.
Typically, the Chandelier Exit will be above prices during a downtrend and below prices during an uptrend.



https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chandelier_exit

MAIN BOARD http://investorshub.advfn.com/TRADING-TNA-TZA-60-D-W-12981/

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