Chandelier Exit ZLSMA Strategy

Introduction
Heyo guys, I recently checked out some eye-catching trading strategy videos on YT and found one to test.
This indicator is based on the video.

Usage
The recommended timeframe is 5 min.

Signals
Long Entry => L Label
Price crosses above ZLSMA and Chandelier Exit shows Buy

Long Exit => green circle
Price crosses below ZLSMA

Short Entry => S Label
Price crosses below ZLSMA and Chandelier Exit shows Sell

Short Exit => orange circle
Prices crosses above ZLSMA

Ty for checking this out. Enjoy!

--

Credits to
netweaver2011 - ZLSMA
everget – Chandelier Exit

Notas de Lançamento

Removed useless input
Fixed rounding bug (int, float)

Notas de Lançamento

Fixed alert conditions

Notas de Lançamento

Updated inputs

Script de código aberto

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

simwai

Aviso legal

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Script de código aberto

simwai