MOST – Moving Stop Loss Indicator for MT5

In short: MOST (Moving Stop Loss) for MetaTrader 5 places a trailing stop a set percentage away from a moving average and gives BUY and SELL signals when the moving average crosses it, based on Anıl Özekşi’s original concept.

When to use it

• Trailing stops: use the MOST line as a stop that adapts to trend direction.
• Trend-following signals: buy and sell on crossovers between the moving average and MOST.
• Smoother markets: the moving-average base reduces false signals from single spikes.

How it differs

Most trailing stops are measured from raw price. MOST is measured from a moving average, with the distance set as a percentage. That smooths short-term spikes, and you can choose from several moving average types.

Getting started

1. Attach it and start with the default moving average type, length and percentage.
2. Raise the percentage for fewer, longer trades; lower it for faster signals.
3. Try different moving average types to suit the instrument.
4. Use the BUY and SELL signals or the line itself as a trailing stop.

Compare with other trailing tools: Chandelier Exit and NRTR.

Frequently asked questions

When does MOST give a buy signal?

When the exponential moving value (ExMov) crosses above the MOST line; a sell signal when it crosses below.

How is it different from an ATR trailing stop?

The stop distance is a percentage of a moving average, not a multiple of volatility from price.

Is there a free demo?

Yes. You can download a free demo from the MQL5 Market and run it in the MetaTrader 5 Strategy Tester before buying.

Full product description

MOST – Moving Stop Loss Indicator for MT5

MOST (Moving Stop Loss) is a professional trend-following and signal-generating indicator for MetaTrader 5. It is based on the original concept developed by economist Anıl Özekşi and adapted for MT5 with extended functionality and multiple moving average options.

MOST is designed to act as a dynamic trailing stop while also providing clear BUY and SELL signals, making it suitable for both discretionary traders and systematic strategies.

Core Concept

Unlike classic trailing stop indicators that rely directly on price bars, MOST calculates its stop levels using a percentage-based distance from a moving average.
This approach smooths sudden price fluctuations and reduces false signals caused by short-term volatility.

Key differences compared to traditional trailing stops:

• Uses a moving average instead of raw price

• Stop distance is defined as a percentage of the moving average

• Generates two-directional signals (BUY and SELL), not just trend bias

Trading Logic

• BUY Signal
  Triggered when the Exponential Moving Value (ExMov) crosses above the MOST line

• SELL Signal
  Triggered when ExMov crosses below the MOST line

• Trend Conditions

  • Long condition: ExMov remains above MOST

  • Short condition: ExMov remains below MOST

This structure allows traders to identify both trend direction and entry timing using a single indicator.

Moving Average Flexibility

MOST supports multiple moving average types, allowing adaptation to different market conditions, including sideways and trending markets.
The original developer recommends Variable Moving Average (VAR / VIDYA) for ranging markets.

Available options:

• SMA – Simple Moving Average

• EMA – Exponential Moving Average

• WMA – Weighted Moving Average

• TMA – Triangular Moving Average

• VAR – Variable Index Dynamic Average (VIDYA)

• WWMA – Welles Wilder Moving Average

• ZLEMA – Zero Lag Exponential Moving Average

• TSF – Time Series Forecast

• HULL – Hull Moving Average

Key Features

• Dynamic moving stop loss based on EMA percentage

• Clear BUY and SELL arrow signals

• Adjustable EMA length and stop percentage

• Multiple moving average calculation methods

• Suitable for trend following and breakout confirmation

• Optional alerts and push notifications

• Built-in visual clarity for fast decision-making

• Backtesting panel for historical performance analysis

Practical Usage

MOST can be used as:

• A standalone trend and signal indicator

• A confirmation tool for Expert Advisors

• A trailing stop reference for manual trade management

• A filter to avoid false entries in volatile markets

It works on all symbols and timeframes supported by MetaTrader 5.

Notes

This indicator is provided for educational and analytical purposes only.
No trading system can guarantee profit