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    Thread: Trailing Stop in MT5 Platform

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      dushk is offline
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      Trailing Stop in MT5 Platform

      In MT4 had the option to set the TRALING STEP what I found more in the MT5 version. The TRALING STEP was replaced by some other command?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I have never liked the idea of trailing Stop loss because to me, it means that we don't have confidence in our trading ability and most importantly in the strategy that we have chosen to trade with, we should develop ourselves in a step by step manner so that we can become better traders.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Trailing Stop loss is good depending on your understanding of it and how you use it, I think I like the idea behind it, just that when your laptop is off I am not sure if your trailed stop still holds, that is like the only disadvantage I see there

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      dushk is offline
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      Quote Originally Posted by VictorDeni View Post
      Trailing Stop loss is good depending on your understanding of it and how you use it, I think I like the idea behind it, just that when your laptop is off I am not sure if your trailed stop still holds, that is like the only disadvantage I see there
      Yes, Trailing Stop is useful when used in an Expert Advisor, in manual trading I personally very rare using the Trailing Stop. One of the advantage of Trailing Stop it's easy to trailing the stop loss without opening a dialog box and setting it by fix points e.g. 15, 20, 25, 30, etc. Also we can add custom points e.g. 17, 23, 27, etc.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Trailing stop (trailing stop) is a type of loss limitation, a moving stop that follows the price at a certain distance, expressed in points. That is, if an ordinary fixed stop remains where it was placed, then in the case of a trailing stop, we get an offset after the price, which, with a sharp turn and the beginning of the movement in the opposite direction, will reduce losses or lost profits. This is an interesting solution that may seem inappropriate to many.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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