Trailing Stop

When you set a trailing stop (for example, by X points), the following happens: the terminal fails to take any action until such time as the position will not be released to the profit of X points (specified by the trailing stop). After that the terminal puts stop-loss at a distance of X pips from current price (in this case - on the break-even level). When you receive a quote, when the distance between the current market price and the stop-loss `bigger than X points, the terminal sends a command to change a stop at the distance of X pips from current price. Thus, the trailing stop - this is a specific control algorithm stop-loss - «movement after the current market price." Attention! Trailing Stop works only if your terminal is running and connected to the server through the Internet.