Trailing Stop

A Trailing Stop order is used to maximize and protect any profits at the same time. The trailing stop follows the price and sets stop price a certain percentage away from the highest high or lowest low, depending on the direction. If the direction of the order is buy/close short the stop price will be placed above the lowest recorded low. Once the price goes above the stop price an order will be executed. Conversely, when the direction is sell/close long the stop price will be placed below the highest recorded high. Once the price falls below the stop price an order will be executed.
Supported Licenses & Trading Methods
Supported License
Supported Trade Types
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Spot trading
Simple license
Margin trading
Advanced license
Leverage trading
Examples
Highest recorded price: 10000 USD. Trailing stop 2%: 9800 USD. Direction: Sell. When the price goes below 9800 USD a sell order will be executed.
Lowest recorded price: 10000 USD. Trailing stop 2%: 10200 USD. Direction: Buy. When the price goes above 10200 USD a buy order will be executed.
Highest recorded price: 10000 USD. Trailing stop 2%: 9800 USD. Direction: Close long. When the price goes below 9800 USD a close long order will be executed.
Lowest recorded price: 10000 USD. Trailing stop 2%: 10200 USD. Direction: Close short. When the price goes above 10200 USD a close short order will be executed.
Order Execution On Activation
The order execution on activation is an optional feature that allows you to get into the position you which to exit later.
Execute X Order On Activation
Enable to execute an order after the Advanced Order is activated.
Order Template
The template used to execute the order. 
Price
The price on which the start order is executed. 
Market Settings
Name
Create a unique name for your bot.
Account
Select the account on which the bot should run.
Market
Select which market this bot should run on.
Leverage
Specify the leverage for the bot.
Current Price
The current price of the selected market.
Order Settings
Trailing Stop
The trailing percentage. 
Direction
The direction of the order that will be placed when triggered.
Order Template
The template used to execute the order when triggered
Amount
The quantity of the order.