Risk Management

Chandelier Exit Calculator

Enter the highest high and lowest low over your lookback window (commonly 22 periods) plus your ATR to get the Chandelier Exit trailing stop for both long and short positions. Unlike a stop anchored to your entry, this stop trails the extreme price, giving winning trades more room as the trend extends.

Highest High (over lookback period)

Lowest Low (over lookback period)

ATR (same lookback period)

ATR Multiplier

3.0 is the traditional Chandelier Exit multiplier. Lower it for a tighter stop.

Long Chandelier Exit (trailing stop) ···

Distance below highest high ···

Short Chandelier Exit (trailing stop) ···

Distance above lowest low ···

Educational tool only, not financial advice. The Chandelier Exit trails the extreme price over your chosen lookback, so recalculate it as new highs or lows form. Always confirm with your own strategy and risk management rules.

Built by Jason Parker, founder of Trading Ranges.