Chandelier Exit Indicator for MT4 Download - Free [TradingFinder]

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  • Indicator for MT4

  • Chandelier Exit Indicator

  • Edad 3+

  • level: Elementry

  • English

Instrucciones del autor

The Chandelier Exit Indicator, developed by the renowned trader and analyst Charles Le Beau, dynamically determines and plots trailing stop loss levels by calculating the Average True Range (ATR).

The areas marked by the indicator are suitable points for setting stop loss (SL). In addition to determining stop loss, using this MT4 risk management indicator is useful for identifying new trends and improving trading strategies.