Could someone explain how does trailing stop works in MT4? Mt4 provides minimum value as 30 points as trailing stop. What does it mean if the value is set for EURUSD at 1.07612, at what value will the sell trigger?
Similarly for USDJPY it is set at 113.123 then at what value will it be sold?
In the case of EUR/USD:
In the case of USD/JPY: