T Tom1234 Aug 2, 2009 #1 Can anyone tell me if Tradestation has the "Chandelier stop" as an option to exit trades? If so, has anyone tried it and how well does it work from you experience? Thanks, Tom
Can anyone tell me if Tradestation has the "Chandelier stop" as an option to exit trades? If so, has anyone tried it and how well does it work from you experience? Thanks, Tom
W WaveStrider Aug 2, 2009 #2 There is probably code to import in their forum for it. As I recall, it's just a multiplier x ATR backed-up from a high (or added to a low), so you could code it into a strategy yourself anyway.
There is probably code to import in their forum for it. As I recall, it's just a multiplier x ATR backed-up from a high (or added to a low), so you could code it into a strategy yourself anyway.
T tmarket Aug 3, 2009 #3 In 2004, TS forum member goose published Lebeau's version of the chandelier here: https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=32011 forum restricted to members only. It works well.
In 2004, TS forum member goose published Lebeau's version of the chandelier here: https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=32011 forum restricted to members only. It works well.