Trailing Stop

If you tick this box the Loss Amount will turn into a trailing stop.

 

This stop will track the peak profit by the set amount.

 

If the system p/l falls below this limit the system will be Stopped.

 

 

 

In the above example the Loss Amount of £10 is turned into a trailing stop.

 

So as your profit moves up the stop will move up with it.

 

If your current system profit is 0 then the stop will be -£10

 

If your current system profit is 10 then the stop will be 0

 

If your current system profit is 20 then the stop will be £10 etc etc.