Ankit_1618

[A618] Trend Tracker using Chandelier Stop

Trend Tacker

Works on ATR concepts and uses "Chandelier Stop by pipCharlie" as its main engine
How it is calculated
> 2 ATR stop plots are plotted
> #one ATR stop is of current time frame
> other one is the 5 times multiple of the current timeframe
> Their crossovers are analysed with the close of Current Timeframe

> This sort of methodology can help one with generating consistent entry signals over a particular timeframe
> My timeframe of choice is : 5 mins
> I have used resolution of 25, for 5 mins (see 5*5 =25)




Credits:
Chandelier Stop by pipCharlie


Hope this helps!!!

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
Masters in Quantitative Finance,
University of London .

Algorithmic Trading Certifications
University of Oxford, Säid Business School .

Electronics and Communications Engineer at core .

Happy to help, message me!

Comments

finally i got chandelier stop because the original had pine script errors during compiling
Reply
can you get this on mt4?
Reply
hi how do you use it on daily chart?
thamks
Reply
Super awesome indicator!
when im will do $1000 i take you half!!!
Reply
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