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.

 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


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

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