← Back to all indicators
Volatility

Chandelier Exit

CE

Places a long stop below the highest high of the lookback period (minus a multiple of ATR) and a short stop above the lowest low (plus the same multiple). When price closes beyond a stop, it signals an exit from the current position.

Tips

The default 3×ATR setting balances sensitivity and noise; reduce to 2×ATR on less volatile instruments for tighter stops
Chandelier Exit is designed for exits, not entries—use it to trail a winning position rather than as a standalone signal

Parameters

Period
2 - 100
Multiplier
0.5 - 6