- Katılım
- 23 Eki 2020
- Mesajlar
- 1,797
Below is a variation of the Chandelier Exit that I came up with. It doesn't solve the original question, but I like the way it plots better. It holds the highest value every time the stop moves up, and never moves lower unless the stop is hit, in which case its value isreset.
Chandelier Exit Variation
Stop1:=If( PREV < L,
{then} If(( H - 3*ATR(10) ) >= PREV,
{then} ( H - 3*ATR(10) ),
{else} PREV),
{else (L <= PREV)}
( H - 3*ATR(10) ));
Stop2:=If( PREV < L,
{then} If(( C - 2.5*ATR(10) ) >= PREV,
{then} ( C - 2.5*ATR(10) ),
{else} PREV),
{else (L <= PREV)}
( C - 2.5*ATR(10) ));
StopVal:=If(Stop1>Stop2,Stop1,Stop2);
StopVal;
from Barry Marx
http://www.guppytraders.com
