funchi wrote: Sat Oct 18, 2025 12:58 pm There is no rule regarding the official language on this site, but most people post in English. Although I am not fluent in English, I use a translation tool to post in English, even though it takes some effort.
Your posts are not made through a translation tool. While this saves you time, it causes additional effort for the readers. I would like to request that you post in English again.

Excuse me, this is a translator. I will try to replace this indicator with another one

Hello funchi, is it possible to add a chandelier exit to the DB. It would be really great to have that as an exit. This seems to be my biggest challenge with being profitable. ive attached one by mr tools i think. i hope im not breaking any rules. thanks for your work.

Dear Funchi,

I have added the indicator FNC_Rsioma_XUHISTO, but seems there are no signal generated in the column. Would you mind checking it? Thank you.

AssetOne wrote: Wed Oct 22, 2025 7:38 pm Hello funchi, is it possible to add a chandelier exit to the DB. It would be really great to have that as an exit. This seems to be my biggest challenge with being profitable. ive attached one by mr tools i think. i hope im not breaking any rules. thanks for your work.

Could you please tell me the conditions for the signal determination?

newbietrader1 wrote: Thu Oct 23, 2025 5:20 am Dear Funchi,

I have added the indicator FNC_Rsioma_XUHISTO, but seems there are no signal generated in the column. Would you mind checking it? Thank you.

Do you know the post where the request for creating this signal indicator was made? Please let me know.

funchi wrote: Thu Oct 23, 2025 3:04 pm Could you please tell me the conditions for the signal determination?

The indicator plots a line that acts as a dynamic stop-loss. A Long position should be exited when the price closes below the Chandelier Exit line. A Short position should be exited when the price closes above the Chandelier Exit line. Please implement the Chandelier Exit as an exit condition for strategies.

Formulas:

Long Exit Line: Highest High(22) - (3 * ATR(22))

Short Exit Line: Lowest Low(22) + (3 * ATR(22))

Exit Signals:

Generate an Exit Long signal when Close < Chandelier Exit Long.

Generate an Exit Short signal when Close > Chandelier Exit Short.

Parameters: Make the Period (default 22) and ATR Multiplier (default 3) user-configurable."

Thanks.

If it's easy to implement, these are very useful variations:

Version with "Since Entry" , rather than using a fixed lookback period so that its adaptive to the specific trade.

Different Multipliers, allowing different multipliers for long and short trades (e.g., 3 for longs, 2 for shorts).

AssetOne wrote: Thu Oct 23, 2025 4:58 pm Version with "Since Entry" , rather than using a fixed lookback period so that its adaptive to the specific trade.

Please provide a more detailed explanation.

funchi wrote: Thu Oct 23, 2025 7:13 pm Please provide a more detailed explanation.

Hey, thanks for getting back to me.

Let's just forget the "since entry" variation for now and keep it simple. The basic version is totally fine.

Just so you know what I meant by the "since entry" idea, here's the simple version:

Think of the normal Chandelier Exit like a stop-loss that looks at the best price over the last 22 period to decide where to place itself.

The "since entry" version is smarter for each individual trade. Instead of looking at a fixed 22-period window, it only looks at the price action since the moment you entered that specific trade. It basically says, "What's the highest point this specific trade has reached?" and puts the stop-loss a set distance below that point. This makes it more tailored to each trade's own performance.

But again, that's probably more complicated to code. Let's just go with the standard one.

Here's the standard Chandelier Exit:

For a Long Trade:
The exit line is calculated as: Highest High from the last 22 priod, minus 3 times the ATR (Average True Range).
You exit the trade when the price closes below this line.

For a Short Trade:
The exit line is calculated as: Lowest Low from the last 22 period, plus 3 times the ATR.
You exit the trade when the price closes above this line.

So, the main things the indicator needs are:

The period (usually 22).

The ATR multiplier (usually 3).

newbietrader1 wrote: Thu Oct 23, 2025 5:20 am Dear Funchi,

I have added the indicator FNC_Rsioma_XUHISTO, but seems there are no signal generated in the column. Would you mind checking it? Thank you.

It works at my PC so far.
Try create one colum only signal from this indi. Then you can add others.

AssetOne wrote: Thu Oct 23, 2025 4:58 pm The indicator plots a line that acts as a dynamic stop-loss. A Long position should be exited when the price closes below the Chandelier Exit line. A Short position should be exited when the price closes above the Chandelier Exit line. Please implement the Chandelier Exit as an exit condition for strategies.
Exit Signals:
Generate an Exit Long signal when Close < Chandelier Exit Long.
Generate an Exit Short signal when Close > Chandelier Exit Short.
Parameters: Make the Period (default 22) and ATR Multiplier (default 3) user-configurable."

A new signal indicator has been added.
FNC_Chandelier_Stops_avgs

Please let me know if I’m mistaken.