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chandelierlong

Chandelier exit (long)

chandelierlong(length, multiplier)

Highest high minus multiplier × ATR. Trail for longs. Default length 14, multiplier 3. Sister: chandeliershort.

Parameters

Name	Type	Description
`length`	int default 14	Lookback in bars. Default 14.
`multiplier`optional	float default 3	ATR multiple.

series

cl = chandelierlong(22, 3)
plot cl as "Chandelier long"
when close crosses below cl then exit