Chandelier Exit Heiken Ashi Variant

Category: trend, volatility

A trend-following volatility indicator that calculates stop levels based on Heiken Ashi extremes and ATR, signaling reversals when price crosses the dynamic stop.

Formula

LongStop = Max(Highest(HA_Close, P) - Mult * ATR, PrevLongStop); ShortStop = Min(Lowest(HA_Close, P) + Mult * ATR, PrevShortStop)

Inputs

• ATRPeriod (default: 1)
• ATRMult (default: 0.75)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.