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Dynamic Chandelier Exit Trader [KedArc Quant])
Dynamic Chandelier Exit Trader (DCET)
The Dynamic Chandelier Exit Trader (DCET) builds upon the classical Chandelier Exit indicator by combining volatility-based stop placement with risk-reward exit logic. It is designed to provide clear buy/sell flip signals, making it adaptable across multiple trading environments.
Market Suitability
The DCET is most effective under the following market conditions:
1. Trending Markets (Upward or Downward)
- Strong performance when price is in a clear directional trend.
- Buy signals align with uptrends, sell signals align with downtrends.
- Works well on stocks, forex pairs, and crypto during trending phases.
2. Breakout Environments:
- Captures moves when price breaks out of consolidations.
- ATR-based stop dynamically adjusts to volatility expansion.
- Effective for traders who like catching the first move after breakouts.
3. Sideways / Range-Bound Markets:
- DCET tends to generate more frequent flip signals in sideways conditions.
- May lead to whipsaws, but can still be used with reduced ATR length or by combining with a trend filter (e.g., moving average direction).
4. All Markets (with Adjustments):
- Works universally but requires tuning.
- In highly volatile markets (e.g., crypto), a higher ATR multiplier may reduce false signals.
- In stable, slower-moving markets (e.g., large-cap equities), smaller ATR multipliers improve responsiveness.
The Dynamic Chandelier Exit Trader (DCET) builds upon the classical Chandelier Exit indicator by combining volatility-based stop placement with risk-reward exit logic. It is designed to provide clear buy/sell flip signals, making it adaptable across multiple trading environments.
Market Suitability
The DCET is most effective under the following market conditions:
1. Trending Markets (Upward or Downward)
- Strong performance when price is in a clear directional trend.
- Buy signals align with uptrends, sell signals align with downtrends.
- Works well on stocks, forex pairs, and crypto during trending phases.
2. Breakout Environments:
- Captures moves when price breaks out of consolidations.
- ATR-based stop dynamically adjusts to volatility expansion.
- Effective for traders who like catching the first move after breakouts.
3. Sideways / Range-Bound Markets:
- DCET tends to generate more frequent flip signals in sideways conditions.
- May lead to whipsaws, but can still be used with reduced ATR length or by combining with a trend filter (e.g., moving average direction).
4. All Markets (with Adjustments):
- Works universally but requires tuning.
- In highly volatile markets (e.g., crypto), a higher ATR multiplier may reduce false signals.
- In stable, slower-moving markets (e.g., large-cap equities), smaller ATR multipliers improve responsiveness.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。