What is the Difference between Stop Entry Gold Order and Stop Loss Gold Order?

Stop Entry Gold Order - Stop orders are set to buy above or to sell below the current market xauusd price. Stop entry orders are automatically executed so as to open new xauusd trades once the xauusd price reaches the specified stop entry xauusd price level.

Stop Loss Gold Order - Stop loss orders are gold orders set by traders to close a trade automatically after xauusd price has moved against their open trade position by a number of specified pips. This is done to prevent more losses for that particular trade. A stop loss is automatically executed by the MT4 platform.

Another difference is that stop entry orders open new trades while stop loss order close open trades.