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Chandelier exit indicator


hermes

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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 by hermes
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