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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Profalgo Limited
4.7 (44)
Experts
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