Опубликован Chuck LeBeau’s Bulletin 35: This is the Seventh Article in our Series of Articles About Exits |
Trailing Stops The Chandelier Exit
The Chandelier Exit hangs a trailing stop from either the highest high of the trade or the highest close of the trade. The distance from the high point to the trailing stop is probably best measured in units of Average True Range. However the distance from the high point could also be measured in dollars or in contract based points.
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