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GGP Chandelier Exit Alert MT4

The GGP Chandelier Exit Alert MT4 Indicator is a volatility-based indicator that identifies stop loss exit points for long and short trading positions. Chandelier Exit is based on the Average True Range (ATR) indicator. It is designed to keep traders in the trend until a defined trend reversal happens. Traders use CE to maximize their returns in a trade and make stop loss exit decisions. It is based on the principle that a trend reversal is highly probable when the price of an asset moves against an existing trend up to three times the average volatility. It uses the high and low prices over a defined period of time to compute the CE value.

This indicator is MT4 conversion of the Chandelier Exit Indicator by “everget “ in Trading View website and some alert methods are added to provide real-time alerts when a trading signal is generated, in order to allow traders to act quickly and efficiently. Alert types are in app alert, mobile notifications and sending emails.

All buffers for the lines and signals are available therefore, it can easily be used in algorithm trading systems and in expert advisors.

For MT5 version please click here.

The main objective of using Chandelier Exit is to alert the trader to a possible trend reversal after an extended trend. During lower volatility trading sessions, traders set small trailing stop losses. This allows them to close their trades near the top and get maximum returns on their investments. The possibility of a trend reversal is low during low volatility trading sessions. However, in higher volatility trading, traders set a larger trailing loss in order to protect themselves from choppy trading.

Due to the close relationship between stop loss and volatility, traders use Chandelier Exit as a trailing stop-loss and as a way of protecting themselves from losses resulting from trend reversals. Most professional traders recommend using Chandelier Exit as a stop loss tool rather than as a tool for generating trading signals. This is because as a trading signal it is prone to generating false signals.

Key Features:

Alert Types: in addition to the terminal pop-up alerts, the mobile notification sends the alerts directly to your cell phone and by sending emails you will never lose a signal. All these alert methods can be turned on/off to fit your trading style and preferences.

                MetaTrader alert boxes.

                Mobile Notifications.

                Sending Emails.

      * For sending and receiving emails a SMTP server is needed.

The indicator is compatible with a wide range of financial instruments, including forex, stocks, indices, and commodities.

All buffers and entry signals are included as a buffer and available for processing in EAs.

User-friendly Interface: The user-friendly interface ensures traders of all levels can easily access and utilize this advanced tool.

 would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.

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- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
Market Reversal Alerts Dashboard
LEE SAMSON
5 (8)
Indicators
This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
Price Action Entry Alerts
Stephen Sanjeeve Sahayam
5 (3)
Indicators
This indicator screens every bar for buying or selling pressure and identifies 4 types of candle patterns with the highest volume. These candles are then filtered using several linear filters to show Buy or Sell signals. Signals work best, in conjunction with higher time frame direction and when traded during high volume hours. All filters are customizable and work independently. Can view signals of a single direction with the click of a button. This indicator also comes loaded with the most im
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Daniel Stein
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Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
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