thanks a lot!!!!!!
It works great....
....I really appreciate your help!
Best regards and good trades!
could yu change the Indicator in the way we can see the past Chandelier Points - maybe in form of a Line - ?
The next step (Indicator) would be the Yo Yo, see the quote from Mr. Chuck LeBeau:
"THE YO YO EXIT: This exit is very similar to the Chandelier Exit except that the ATR stop is always pegged to the most recent close instead of the highest high. Since the closes move higher and lower, the stop also moves up and down (hence the Yo Yo name). Although this stop appears similar to the Chandelier Exit the logic is quite a bit different. The Yo Yo Exit is a classic volatility stop that is intended to recognize an abnormal adverse price fluctuation that occurs in one day. This abnormal volatility is often the result of a news event or some important technical reversal that is likely to signal the end of a trend. This logic makes the YO YO exit very effective and we seldom regret being stopped out whenever this exit is triggered. "
Would be very nice to get it for MT4 too.
Same request here!
I want present free version of VoltyChannel_Stop_v1. It's system indicator
Think you find all answers to your questions.
Length=10 Volatility(ATR) Period
Kv=1.00 Sensivity Factor
MoneyRisk=1.00 Offset Factor
Signal=1 Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals
Line=1 Display line mode: 0-no,1-yes
looks very good!!! Thank you very much for your effort.
You are fantastic Igorad. Very nice indicator.
BBands_Stop_v1 indicator from Igorad. Explanation please find here.
10X for your effort for the chandelier exit (specially to mart-hart)! It is nice what you are doing here :-)
I know this an old thread but can anybody point me out to the rules on this system??