A modified verion of the Chande & Kroll’s Stop indicator. The author consider that the ChandelierStops_v1 is very similar to it and look better than the Chande & Kroll’s Stop.
MT4 Indicators – Download Instructions
ChandelierStops v1 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
ChandelierStops v1 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install ChandelierStops v1.mq4?
- Download ChandelierStops v1.mq4
- Copy ChandelierStops v1.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on ChandelierStops v1.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator ChandelierStops v1.mq4 is available on your Chart
How to remove ChandelierStops v1.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download here: ChandelierStops v1