Chandelier Exit — MT5 Trading Guide
Chandelier Exit sets a trailing stop-loss based on ATR from the highest high or lowest low, dynamically adjusting to volatility for optimal trade exit timing.
Daniel Harrington
Senior Trading Analyst · MT5 Specialist
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Settings — CE
| Category | volatility |
| Default Period | 22 |
| Best Timeframes | H1, H4, D1 |
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About the Author
Daniel Harrington
Senior Trading Analyst
Daniel Harrington is a Senior Trading Analyst with a MScF (Master of Science in Finance) specializing in quantitative asset and risk management. With over 12 years of experience in forex and derivatives markets, he covers MT5 platform optimization, algorithmic trading strategies, and practical insights for retail traders.
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Risk Disclaimer
Trading financial instruments carries significant risk and may not be suitable for all investors. Past performance does not guarantee future results. This content is for educational purposes only and should not be considered investment advice. Always conduct your own research before trading.