Step 1: When getting into the order ( guide entry or autotrade ) . Software will decide the place to maneuver TrailingStop for the primary time (if TrailingStop mode is on).

+ If the order makes use of TP0 mode : TrailingStop beginning place = TP0 value + TrailingStop_Step (within the course of Revenue).

+ If the order doesn’t use TP0 mode : TrailingStop beginning place = Entry value + TrailingStop_Distance .+ TrailingStop_Step (within the course of Revenue ).

Step 2: When the worth touches the present TrailingStop transfer value. + Transfer the SL to the place the place the worth strikes Trailing Cease (in pips)= TrailingStop_Distance .

+ Decide the place to maneuver the following TrailingStop = Place to maneuver the present TrailingStop + TrailingStop_Step (within the course of Revenue ).

Step 3: Trailing Cease order will shut when 

+ Contact TP value (if the order has TP setting – ie setting TrailingStop_ DisableTP = false )

+ Contact value SL trailing Cease : This value doesn’t proceed to maneuver within the course of Revenue and returns to the final Trailing Cease .