Candle Class Ea

Candle ET Volatility EA - A candle classification-based EA that enters trades when a target volatility class is reached and manages the full position lifecycle (SL, TP, trailing).

 Description

Candle ET Volatility EA is an automated trading strategy that opens trades when the current candle reaches a specified volatility level (class). It works together with the Candle Volatility ET Classifier Indicator (must be downloaded and installed separately).

Candle Volatility ET Classifier Indicator (free).

The indicator can work both independently and in conjunction with the Candle Volatility ET Classifier indicator.

ET classification is a system that divides candles by size (volatility).

Candles are divided into classes:


• Noise – market noise (ignored)

• S — small candles

• M — medium

• L — large

• XL — extreme

Candle ET Volatility EA 

 Operating Modes

1. Quick Mode

  • Simplified mode without candle classification
  • Uses previous candle direction
  • Designed for demonstration and market validation

2. ET Class Mode (main mode)

  • Uses candle classification indicator
  • Trades only when a required class is reached
  • Requires Candle Volatility ET Classifier

 Position Management

The EA includes a full trade management system:

  • Stop Loss
    • Initial protective level
    • Scales with candle class
  • Trailing Stop
    • Activates in profit
    • Follows price dynamically
  • Take Profit
    • Fixed target (optional)

Key feature:
 SL and trailing are dynamically adjusted using class multipliers (Small / Medium / Large / XL)

 Features

  • SL and trailing scale with candle class
  • entry delay after candle open
  • single position at a time

 Timeframes

Can be used for scalping on lower TFs (e.g. M5),
but performs best on higher timeframes (H1, H4),
where price action is cleaner and more stable.

 Conclusion

A simple yet powerful strategy for trading volatility and candle structure.

Stay tuned for updates, new tools and application ideas

Telegram: cvet_system


For an additional fee, I can modify (personalize) the indicator to suit your needs.

Author profile: [juravvlik]


If you find this tool useful, you can support the author:

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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
Vex Gold EA
Lars Laeremans
5 (6)
VEX 2.00 is here. Now prop firm ready. 4 Months stable Live signal Now upgraded with an optional Prop Firm Mode. No grid. No martingale. One position at a time Live Trading Signal: BlackBull Live Signal   Blackbull High Risk Signal New public channel with upcoming updates and broker-by-broker comparisons https://www.mql5.com/en/channels/vexgoldea Setup instructions and usage guidelines View user manual Defined rules. Fixed risk. One position at a time. No AI, no machine learning, no
SixtyNine EA
Farzad Saadatinia
5 (3)
SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin
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