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Becky, I can't see your charts, but v3 of the "Trailing Stop - ATR
Chandelier Exit" is the one I would use.
> I do reference the Chandelier function per you advice but
> then I get a buy & sell execution every single day.
BUY Order:
x:=FmlVar("Trailing Stop - ATR Chandelier Exit", "SIGNALS");
x=1
SELL Order:
x:=FmlVar("Trailing Stop - ATR Chandelier Exit", "SIGNALS");
x=-1
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, becky matsantonis <jmatsas@xxxx
> wrote:
>
> Jose Hi,
>
> I will bother you one more time because I have two issues in
reference to Chandelier Exit v3.
>
> As you can see from my attached graph, although most of the time the
two lines of Chandelier Exit v2 and v3 are the same, there is an
occasional difference between them (especially at the end of the data
~35 ticks). I did use the exact same parameters when I run the two
versions (ATR periods, lookback, multiplier, etc). Shall I assume that
version 3 being the latest is 'more' correct than version 2?
>
> Also I still can't get the Chandelier Exit to work as a Buy/Sell
System (buy when the current stock price goes above the Chandelier
line, sell when goes below). I do reference the Chandelier function
per you advice but then I get a buy & sell execution every single day.
Right now I use without success:
>
> BUY Order:
>
> x:=FmlVar("Trailing Stop - ATR Chandelier Exit", "SIGNALS");
> Long:= x=1;
>
> SELL Order:
>
> x:=FmlVar("Trailing Stop - ATR Chandelier Exit", "SIGNALS");
> Short:= x=-1;
>
> Are these above formulas correct or maybe I need to use the "actual
value" of the Chandelier Exit function instead of the "x" value. If
so, which is that value?
>
>
>
> Thanks again for all your help.
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