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Chandelier Exit — ATR Trailing Stop

STSmartifyTrade ✓ Verified

Long stop = highest of N bars minus ATR × multiple, ratcheting up; short stop mirrors it. Marks direction changes and can trail a stop by hand. Free, with an info panel on the chart and no alerts (alerts and automation come with the strategies).

Free

What you get

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TradingView indicator.pine source · Pine Script v6
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MT5 indicator.mq5 source
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Setup guideInstall steps, rules and inputs (English)

Inputs you control

Lookback / ATR22 · 22
ATR multiple3.0
Educational software. Not investment advice and not a signal service. Backtests show past data only; results vary with market, broker and settings. Licence: personal use, no resale or republishing of the code.
Chandelier Exit — ATR Trailing Stop | SmartifyTrade Marketplace