Chandelier exit indicator

[hermes]

http://www.freefxtools.com/holiday-gift/

 

Watch the video and download the exit indicator. No more worry with exits or what?

Cheers Hermes

[ForexMike]

Thanks my friend and I wish you Happy Holidays!

[Diesel 10]

http://www.freefxtools.com/holiday-gift/

 

Watch the video and download the exit indicator. No more worry with exits or what?

Cheers Hermes

 

Thanks. Very similar to ATR Stops indicator although I think that one requires a close thru to switch it.

[hermes]

Yes, ATR is important in determining the daily ranges but I trust more my 5EMA for exits. You can adjust the indicator to your temperament and greed. Very useful for beginners or difficult to decide exits traders. Exit strategy is far more important than entry strategy for gaining trades and RR ratios. Many traders exit too soon or too late. Fear/Greed factor?

I wish all members a Merry Christmas and trouble free FX New Year 2012.

Hermes

Edited December 20, 2011 by hermes