Chandelier Exit

This is a redesign of the Chandelier Exit indicator. It removes stupid transitions between Chandelier Exit' states and highlights initial points for both lines.

This indicator was originally developed by Charles Le Beau and popularized by Dr. Alexander Elder in his book "Come Into My Trading Room: A Complete Guide to Trading" (2002).

In short, this is a trailing stop-loss based on the Average True Range (ATR).

Phát hành các Ghi chú:

• Added Buy/Sell alerts
  
• Added Buy/Sell labels
  

Phát hành các Ghi chú:

• Fix erratum
  

Phát hành các Ghi chú:

• Updated to v4
  

Phát hành các Ghi chú:

• Added long/short state highlighting
  

Phát hành các Ghi chú:

• Update
  

Phát hành các Ghi chú:

• Upgraded to PineScript V5
  
• Added option to wait for bar confirmation before triggering an alert