A Trailing Stop is a dynamic Stop Loss feature that automatically adjusts your Stop Loss level as the market price moves in your favour.

Unlike a regular Stop Loss, which remains fixed after being placed, a Trailing Stop follows the market price at a predefined distance. This helps traders manage risk and protect potential profits while allowing positions to continue running.

How to Set a Trailing Stop on MT4

1. Open the MT4 platform.
2. Navigate to the Trade tab to view your open positions.
3. Right-click on the position you want to apply a Trailing Stop.
4. Select Trailing Stop.
5. Choose your preferred trailing distance from the available options.
6. The Trailing Stop will be activated and will automatically adjust as the market moves.

How to Set a Trailing Stop on MT5

1. Open the MT5 platform.
2. Navigate to the Trade tab to view your open positions.
3. Right-click on the position you want to manage.
4. Select Trailing Stop.
5. Choose your preferred trailing distance.
6. The Trailing Stop will be activated and will automatically adjust based on market movements.

Example

If you open a Buy position and set a 50-point Trailing Stop:

• When the market price moves higher, the Stop Loss level will automatically move upward while maintaining the selected distance.
• If the market price reverses and reaches the adjusted Stop Loss level, the position will be closed.

Important Notes

• A Trailing Stop only moves in the direction of a profitable trade and does not move backwards.
• The Trailing Stop function requires the trading platform to remain open and connected to operate.
• A Trailing Stop does not guarantee execution at the exact requested price, as execution may be affected by market conditions, liquidity, and price movements.
• Trailing Stop is available on MT4 and MT5 desktop platforms. It is not directly available on MT4/MT5 mobile applications.