OP Funding-Gated Chandelier is an official Trigr strategy by 0x7216…0007. It trades OP on the 4H timeframe, long and short. Version 1 was published on 2026-10-09.
Takes the four-hour Chandelier flip in either direction, but only buys when perpetual funding shows no crowded long premium and only sells short while funding is non-negative. Position size is scaled to recent volatility. Exits when price closes back through the Chandelier line on the other side, with a hard stop.
Backtest of the published version on the Trigr engine over point-in-time market data, from 2022-06-01 to 2026-10-09: net return +66.9%, Sharpe 0.83, max drawdown −15.4%, win rate 35%, 316 trades.
Costs. Trading fees and a builder fee of 1 bps per side are included. Slippage: not applied. Funding: not applied.
Forward paper track from 2026-10-09 to 2026-10-09 (0 days). Paper fills are simulated on live market prices; this is not a funded account.
Past performance, backtested or paper, does not guarantee future results. Nothing here is investment advice.
