EMA Trend with Chandelier Exit¶

What it does: Enters on an average crossover and rides the trend with a volatility-based trailing exit. This buys when the 20-candle average crosses above the 50-candle average.

Style: Trend · Difficulty: Intermediate · Risk: medium · Ready: 2 of 2 variants

When people use it: It tends to work in clear trends, where the trailing line lets winners run.

Where it struggles: It struggles in sideways markets, where the averages cross back and forth. Sudden spikes can trigger the exit early.

Markets it was written for: BTC, ETH, majors. Timeframes: 4h (1h-1d).

Open it in the Strategy Library (on the Strategies page), pick a variant, adjust the settings and press Add to my strategies. It becomes your own strategy: edit, backtest or trade it like any other.

Long¶

Enters on an average crossover and rides the trend with a volatility-based trailing exit.

Labels: Trend Following, Long, Spot, Intermediate, Medium

Direction: Buy (long) · Market: spot
Trigger: On candle close · Main timeframe: Auto (4h)

Entry

IF EMA(20) crosses above EMA(50) (4h)

Exit: Indicator-Based Exit

IF Price crosses below CE(22,22,22,3) Long stop 1 bar ago (4h)
Loss controls: Stop-loss % 8%

Settings

Setting	Default	Editable	What changing it does
Lookback	22	Yes (sets 3 fields)	How many candles the exit line looks back for the highest high (or lowest low) and the normal swing size. Shorter follows the price more tightly and exits sooner; longer gives the trend more room and exits later.
ATR multiple	3	Yes	How far the exit line sits from the recent high (or low, for the short), measured in normal price swings (ATR). Lower exits sooner and keeps more of a gain, but gets shaken out by normal swings; higher stays in longer but gives back more before exiting.

How it works (as shown in the app)

This buys when the 20-candle average crosses above the 50-candle average.
It sells when a candle closes below the Chandelier Exit: a line set a few times the normal price swing (ATR) below the highest high of the last 22 candles. As the price rises, the line rises with it.
A % stop-loss is also set as a safety net.
It tends to work in clear trends, where the trailing line lets winners run.
It struggles in sideways markets, where the averages cross back and forth. Sudden spikes can trigger the exit early.
Built for 4-hour candles (1 hour to 1 day also work).
The exit line here is not locked in place: it can move down again if the market gets more volatile.

Short (perp)¶

Shorts on an average crossover and rides the downtrend with a volatility-based trailing exit.

Labels: Trend Following, Short, Futures, Medium, Backtest Only

Direction: Sell (short) · Market: swap
Trigger: On candle close · Main timeframe: Auto (4h)

Entry

IF EMA(20) crosses below EMA(50) (4h)

Exit: Indicator-Based Exit

IF Price crosses above CE(22,22,22,3) Short stop 1 bar ago (4h)
Loss controls: Stop-loss % 8%

Settings

Setting	Default	Editable	What changing it does
Lookback	22	Yes (sets 3 fields)	How many candles the exit line looks back for the highest high (or lowest low) and the normal swing size. Shorter follows the price more tightly and exits sooner; longer gives the trend more room and exits later.
ATR multiple	3	Yes	How far the exit line sits from the recent high (or low, for the short), measured in normal price swings (ATR). Lower exits sooner and keeps more of a gain, but gets shaken out by normal swings; higher stays in longer but gives back more before exiting.

How it works (as shown in the app)

This shorts when the 20-candle average crosses below the 50-candle average.
It buys back when a candle closes above the Chandelier Exit for shorts: a line set a few times the normal price swing (ATR) above the lowest low of the last 22 candles. As the price falls, the line falls with it.
A % stop-loss is also set as a safety net.
It tends to work in clear downtrends, where the trailing line lets the short run.
It struggles in sideways markets, where the averages cross back and forth. Sudden upward spikes can trigger the exit early.
Built for 4-hour candles (1 hour to 1 day also work).
The exit line here is not locked in place: it can move down again if the market gets more volatile.
Shorting means you profit if the price falls and lose if it rises.
Suggested leverage is at most 3x. On isolated margin, at 3x the exchange closes the position (liquidation) if the price moves about 33% against you, and you lose the margin you put into it. Keep your stop well inside that.
For now this version runs in backtests only; paper and live futures trading are coming later.

Warnings¶

"Backtest only for now: paper and live trading of shorts are coming later.": shown on short variants. They need perpetual or futures pairs.
Some variants suggest leverage. On isolated margin a liquidation loses the margin in that position; keep any stop well inside the liquidation distance (the Trade Builder warns you when it isn't).
Once added, the strategy's conditions get the usual condition checks. Messages show under each condition on the entry / exit conditions screen; setting errors start with the indicator's short name (for example "MACD: Fast must be between 1 and 1000") and block saving, while the other warnings never block saving and repeat in the strategy's Entry or Exit section. See the indicator pages below for each one.
"You already have this strategy with these settings (…). Change a setting to add another copy.": shown on the variant's page in the Strategy Library when you already added this variant with the same settings.

Good to know¶

After you add it, the strategy keeps the library's trigger and an Auto main timeframe; you can change both in the builder. Nothing links it back to the library, except that the builder still shows the library's explanations in the info bubbles.
Changing a setting before adding it also changes the saved name, so you can tell copies apart.
Past results don't predict future ones. Try it in a backtest and on paper before using real money.
Indicators used: CE, EMA.