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.

See other products here.

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Offre spéciale : 30 % de réduction La solution idéale pour les traders débutants comme experts ! Cet indicateur est un outil de trading unique, performant et abordable grâce à l’intégration de nombreuses fonctionnalités exclusives et d’une nouvelle formule. Cette mise à jour vous permet d’afficher des zones sur deux unités de temps. Vous pourrez ainsi visualiser non seulement une unité de temps supérieure, mais aussi l’unité de temps du graphique, ainsi que l’unité de temps supérieure : des z
Institutional Blueprint   (MT4) — Market Structure, Order Blocks & Risk/Reward Zones Institutional Blueprint reads the chart the way professional price-action traders do. On every closed bar it maps live market structure, marks the Order Block behind each move, and turns the most relevant block into a ready-to-read trade plan with a clear Entry, Stop Loss and three Take-Profit targets — drawn as a green reward zone and a red risk zone, so the trade geometry is obvious at a glance. Based on Sm
Advanced Indicator Scanner is a multi-symbol multi-timeframe scanner that works with hundreds of custom indicators available across the web including mql5 website market and codebase indicators. Advanced Indicator Scanner features: Scans your indicator in 28 customizable instruments and 9 timeframes. Monitors up to 2 lines(buffers) of an indicator. Showing of indicator value on buttons. You can choose between 3 alert modes:  Single symbol and timeframe Multiple timeframes of a symbol Multiple
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MFI Pulse Pro – Indicateur de Momentum Basé sur le Money Flow Index Rejoignez la chaîne pour rester informé : https://www.mql5.com/en/channels/forexnewadvisor MFI Pulse Pro est un indicateur de momentum basé sur le Money Flow Index (MFI), conçu pour détecter visuellement les zones de surachat et de survente, et repérer les points de retournement potentiels. Il est compatible avec tous les instruments financiers et optimisé pour les unités de temps allant de M1 à M30 . Fonctionnalités principal
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