Range bar ea with chandelier exit indicator

Chandelier exit ea

works on range bars I use az-invest and omniabar for range bars

will place orders with sell limit and buy limit orders so to get the best execution price without slippage

Option for it not to place trades at certain times of the day and night

If there are open trades after the trading hours in place then they will stay open until closed out by the ea exit rules

entry will be on the close of the bar after it crossed the chandler exit indicator

Option to increase lot size after a losing position until it gets a winning position again

Option for the ea to stop trading after a certain amount of pips in profit

The ea will use 2 chandeliers exit indicator of different sizes to enter the initial trade

After this in will use one chandelier exit indicator to place trade which will only be in the direction of the slower indicator. meaning if the slower indicator is above the faster indicator then it will only place sell trades

On first entry it will place 2 trades

Option to close part of first trade by either

take profit in pips

once a certain amount of pips in profit it will move the stop loss to break even, for this part of the trade only

 second part of the trade will continue on.it will only use the chandelier exit indicator for exit  it will only place buy or sell orders depending on what side of the slower chandelier exit it is on. if the faster indicator is below the slower indicator then it ill only place sell trades

it will close trades when it closes above the indicator and re-enter when it closes below the indicator again for sell trades and the opposite for when it is placing buy trades