how do I set trailing stop losses on MT4?

 
I am using MT4 and I cant see an obvious way of setting stop losses as trailing. Any ideas?
 

right click the position.

 
Dr Paul Smith: I am using MT4 and I cant see an obvious way of setting stop losses as trailing. Any ideas?

How about reading the official documentation: MetaTrader 4 - Trailing Stop

Trailing Stop - Trading - MetaTrader 4 Help
Trailing Stop - Trading - MetaTrader 4 Help
  • www.metatrader4.com
Stop Loss is intended for reducing of losses where the symbol price moves in an unprofitable direction. If the position becomes profitable, Stop Loss can be manually shifted to a break-even level. To automate this process, Trailing Stop was created. This tool is especially useful when price changes strongly in the same direction or when it is...
 
  1. Why did you post your MT4 question in the Root / MT5 General section instead of the MQL4 section, (bottom of the Root page?)
              General rules and best pratices of the Forum. - General - MQL5 programming forum
  2. Either you code it in your EA or use the build in one
Reason: