Trailing Stop or TS in Currency Trading

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Al Parsai
96
Al Parsai  

If you would like to know more about TS or Trailing Stop visit https://www.mql5.com/go?link=http://www.forexbrace.com/content/view/182/79/. The short glossary definition also leads you to more complex approaches to setting up TS.

Your comments are more than welcome.

Reealjrd
123
Reealjrd  

Trailing stop is actually an stop-loss order set at a percentage level below the market price - for a long position. The trailing stop price is adjusted as the price fluctuates. The trailing stop order can be placed as a trailing stop limit order, or a trailing stop market order.

Al Parsai
96
Al Parsai  
Reealjrd:
Trailing stop is actually an stop-loss order set at a percentage level below the market price - for a long position. The trailing stop price is adjusted as the price fluctuates. The trailing stop order can be placed as a trailing stop limit order, or a trailing stop market order.

Thanks for your input.

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