Stop Loss Basic Et

Stop Loss Basic Et for MT5 — a simple and adaptive Stop Loss utility with automatic trailing.

 Core Logic
Stop Loss performs two key functions:

• protects the position from loss
• trails and protects profit

The utility automatically sets a Stop Loss and manages it as the price moves.

Offset values are calculated in currency units.



 Candle Classification (ET)
The utility can work independently or together with the
Candle Volatility ET Classifier indicator (free).

ET classification is a system that divides candles by size (volatility).
Candles are categorized into:

• Noise — market noise (ignored)
• S — small candles
• M — medium
• L — large
• XL — extreme

When ET classification is enabled, Stop Loss adapts its behavior:

• adjusts loss protection offsets
• adjusts trailing offsets
• adapts to current market volatility

This allows the system to behave differently in:

• low volatility
• normal market conditions
• strong impulses


---

 Recommendations
If you are new, start with the basic setup.
Advanced behavior offers more flexibility but requires understanding of the logic.

---

Follow for updates, new tools, and usage ideas

Telegram: cvet_system


Custom versions available upon request (paid service)

If you found this tool useful, please don't forget to leave a review.

Author profile: [juravvlik]


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