High accuracy “Forex ATR Chandelier EXIT MT4 Indicator and Trading System” – ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, “New Concepts in Technical Trading Systems.”
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
Chandelier EXIT Trading System is high accuracy and very simple.
- Time Frame: M15 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Chandelier EXIT
- RSI
BUY Rules
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- Chandelier EXIT: Below the candles
- RSI: Upward and above level 55 line
SELL Rules
- Chandelier EXIT: Above the candles
- RSI: Downward and below level 45 line