Willybob

Chandelier Exit

323 1 57
Chandelier Stop/Exit - Charles LeBeau, as referenced by A. Elder
(written for up trend stop/exits only)
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study(title="Chandelier", shorttitle="Chandelier", overlay=true)
length1 = input(14, minval=1)
length = input(22, minval=1)
ATR = rma(tr, length1) 
Coef = input(3, minval=1)
HP(length) => highest(length)


plot(HP(length)-(ATR*Coef), color=red, title="Chandelier")
duke-jr PRO
a year ago
well played. this is nice....
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