Definitions

Chandelier Exit

Posted By: TradersLog

Introduced by Chuck LeBeau, the Chandelier Exit sets your stop at a level below the highest high or the highest close since your entry. As with the Parabolic stop strategy, the chandelier is self adusting and trails the market.

Enjoying the Chandelier Exit information? Sign up for the newsletter today and access even more top quality trading related content! Learn More


Email:

Read more:
Terminal Elevator

An elevator located at a point of greatest accumulation in the movement of agricultural products that stores the commodity or...

Close