The main function of this indicator is to show you when to exit ( with PROFIT) your trades.
Download: chandelierstops_v1.ex4 ( right click - SAVE AS...) to your mt4/experts/indicators
Free indicator that can be used:- to exit your trades on time with profit ( when line goes horizontal more than 3-4 bars )
- to identify a sideway trend (line goes horizontal) - stay away from trading!
- or you can use the indicator to help you trading ( open a new trade on a trend change = color change)
Source: Available for free on some Forex sources
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A Leading Online Forex Broker
ReplyDeleteVinson Financials Ltd, a leading forex broker, has provided investment services to both retail and corporate clients all over the world for more than 10 years. The company is located in Limassol, Cyprus, and is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), licence no. 184/12, and offers forex, CFDs, precious metals and indices trading.
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