# Exp_CandleStop_Trailing

Moves Stop Loss along the border of the channel built using CandleStop indicator.

Canonical: https://prismaticalgos.com/compendium/algo/7081-exp-candlestop-trailing
Record ID: 7081
Catalog rank: 1202 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/code/1408
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: Not specified
- timeframes: Not specified
- sessions: Not specified
- market_regime: any

## Indicators

- CandleStop: {"deviation": 10, "periods": 5, "periods_low": 5}; applied to: null

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Not specified.

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: pinned to the current price
- Take profit: null
- Position sizing: null