Elder Chandelier Short Entries
One of the key rules of trade - should never move the foot in the direction of increasing the risk.
This display sequence stops automatically narrows, they appear as a series of points that reduce the risks. You will be able to use them for in the transaction and every day to reduce them as long until the price touches the stop. If you do not enter the position at the beginning of a new sequence, that is, the risk of installation close stop.
LED Chandelier Short Entries has the same parameters as the Elder Chandelier Short Exit.
Options:
- Factor (3) - a multiplier for ATR, can be a non-integer number;
- ATR_Days (22) - the number of days to calculate the ATR;
- Wingding_Symbol (159) - the symbol used for display.
Related posts
Elder Chandelier Short Exit LED Chandelier Exit, designed by Chuck LeBeau (Chuck Lebeau) is described in the book " Trading with Dr. Elder. Encyclopedia...
Elder AutoEnvelope Envelopes (Envelopes) or channel lines are similar to moving averages (or slow MA with two MA). Inside the channel lines daily...
OnBalanceVolumeSurrogate MT5 A special version of the indicator On-Balance Volume (OBV), built in the pseudo-real volumes emulated from tick volume....
Next posts
- Multi TimeFrame PSAR
- RSI Alerts MT5
- Trajecta SpeedMap NZD
No comments:
Post a Comment