I intentionally used the one digital standard.
I can't relate to that, sorry. Says something about 18%, but film is more like 12% and I don't want to get into that right now...
If you'll accept 4 stops as discussion without relating digital and film standards, I can discuss 4 stops because I am familiar with a system that really uses 4 stops...
It's easy to grasp whole numbers and it's close enough. Zone System used 4 whole stops so I'll enjoy discussing what happens 4 stops below Zone V...
Today I was out with my Master II meter. You can see the meter calibration point (Zone V) and the speed point (Zone I) are 4 stops apart.
You can also see that Zone 0, Zone I and Zone II are barely distinguishable. There's not that much detail there.
When I visualize a scene using this meter, I explore different objects and see what the needle points to.
If I can envision a successful print having tones on that chip for something I'm pointing the meter at... Then I know the exposure is correct for the scene. Palm of my hand metered 25 today... in a shaded glen on an overcast day, camera pointed towards the direction of the sun. I placed that on Zone VI. The bark of a Eucalyptus Tree today, shaded side of the tree metered 6.5 and fell on Zone IV.
Emulsion Speed at 160 (for this specific meter it equates to EI 250 - models in Europe have scales that are different by 1/3 stop) for my preferred speed for Tri-X... Meter indicated the combination 1/80th second at f/5.6, I gave 1/3 stop more exposure: 1/60 at f/5.6