Read somewhere someone mentioned that hans123 used criteria to break up periods.
Even if you use last EURO session high and low before the open of the US market - and look for breakout of the box within the US session.
Perhaps i am thinking of a pipboxer derivative, as discussed in Suggest indicators discussion area.
ie. Plotting the chandelier from the point of the break of the box.
It is a similar concept to getting an chandelier to plot off a trend line break.
Could even be off the step indicator. As price breaks the step. Plot from here.
Step indicators
So......can a script add another Chandelier object dynamically, as is needed, with a new handle each time ? Can the Chandelier indicator be tweaked to take an extra parameter - the start date and time , and a numericflag to indicate the number of SAR's it should have a life for ?
I am curious to ask.
Does chandlier reflect a typical popular trailing stop, or is in more like a ratcheting trailing stop?
I ask because I would imagine it is not uncommon to place three trades. One for quick profit, another with trailing stop, and another with ratcheting trailing stops - all psaced out.
Linear Mode
