Set a Trailing Stop on an Open Trade

How to use this guide: Follow the numbered steps in order. Each heading names the button, field or control to use, the note below it explains what happens, and the pointer on the screenshot shows exactly where to click.

17 Step-by-step guide

Set a Trailing Stop on an Open Trade

Let the stop loss follow the price as the trade moves in your favour.

1

Open the Trades tab and find the open trade.

The trailing-stop settings are in the TS columns of the trade's row.

Step 1 · action shown above

2

Tick TS ENABLED for the trade.

This turns on the trailing stop for this trade only.

Step 2 · action shown above

3

Choose the TS METHOD.

Incremental moves the stop in steps, and Continuous follows every price move.

Step 3 · action shown above

4

Enter the TS DISTANCE.

This is how far, in pips, the stop stays behind the price. The arrows next to the field change it by 0.1 pip.

Step 4 · action shown above

5

Optionally enter a TS KICK-IN PRICE.

Trailing starts only once the price reaches this level. Until then the stop loss stays where it is.

Step 5 · action shown above