Chandelier exit calculator

The chandelier exit

Long stop 2,366.87, 76.73 below the close; short stop 2,335.43, 108.17 below it.

The stops

The highest high of the last 22 bars is 2,446.20 and the lowest low 2,256.10. The 22-bar ATR is 26.44, so each stop hangs 3 ATRs (79.33) from that extreme. The close is above the long stop and above the short stop: a long trade would still be open; a short one would have been stopped.

How it is used

On a long trade the stop only follows the highest high up: as long as the trend makes new highs, the stop climbs. Traders usually keep the stop where it was if the line drops, so it never loosens.

Read it with care

Three ATRs leave room for normal swings, so the exit gives back part of the move by design. A gap can jump past the stop, and the line describes the past bars, not the next one.

The close, the 22-bar ATR and the long and short chandelier stops (3 ATRs) on the last bars. The last bar is marked.

Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning