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gbChandelierStop 5 *
gbChandelierStop, Ver 1.0, TraderGB, March 24, 2021

Descriiption: Chuck LeBeau's Chandelier Stop with three modifications:

1) Drift not allowed:
* The upward chandelier stop line is not allowed to drift downward, it either stays flat or rises.
* The downward chandelier stop line is not allowed to drift upward, it either stays flat or falls.

2) Trend change:
* Two consecutive closes below an upward stop line are required to change trend from up to down.
* Two consecutive closes above an downward stop line are required to change trend from down to up.

3) There's an option to use a fixed number of ticks instead of a multiple of ATR.
* Use Ticks instead of ATR
* Number of Ticks


Category NinjaTrader 8 Indicators and More 
 
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Details: gbChandelierStop
Category: NinjaTrader 8 Indicators and More 


March 25th, 2021
Size: 7.17 KB
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Comments/ratings
5 * VictorK April 1st, 2021 01:08 PM
No Comment
5 * dmr1 April 1st, 2021 04:32 PM
Thank you!
5 * topdogtony April 7th, 2021 09:32 AM
Thank you!
5 * bolitrader08 April 9th, 2021 12:24 PM
Nice! Thanks!
5 * PeteZ from MD April 21st, 2021 05:55 PM
Thanks, lOOks very Interesting. Great Idea.
5 * renvik April 22nd, 2021 06:12 PM
Awesome!

 
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