Advanced stock charting and analysis program
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These two forms of the same indicator are designed to act as the Chandelier Exit stop loss as described by Barbara Rockefeller in "Technical Analysis for Dummies", and is written especially for use with AmiBroker. She describes the Chandelier exit as a dataset of "the highest high or the highest close SINCE YOUR ENTRY." To allow the Chandelier exit to stop you out gives you a couple of average-true-ranges (ATRs) from the best price the stock has reached SINCE YOUR ENTRY.
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