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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.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.