Bugra Kaan Yildirim / Vendedor

Smart Chandelier Exit Smart Chandelier Exit is an adaptive trailing-stop and trend-direction indicator. It plots a neon-glow stop line that follows price: emerald-green below price in an uptrend, crimson-red above price in a downtrend. The line only ever ratchets in the trend's favor, never against it, so it doubles as a mechanical stop-loss and a trend-state signal. What makes it "smart" is the built-in Pearson R trend-quality filter. A raw stop line tells you WHERE the stop is; the Pearson R

Overview Trix Trend is a momentum oscillator based on TRIX — the rate of change of a triple-smoothed exponential moving average of price. Triple smoothing removes most of the short-term noise, so the oscillator reacts to the underlying momentum of the move rather than to every small wiggle, while staying more responsive than a simple long moving average. The indicator draws a slope-colored TRIX line, a weighted signal line, a zero line, and two adjustable overbought/oversold levels. The line is