A trailing stop is a stop that adjusts automatically in response to market movement. This means that it will follow your position if the market moves in your favor, but it will lock in your profits and close the position if the market moves against you.

A trailing stop is set in the same way that a normal stop is set via the deal ticket. When creating a trailing stop, you must first define the stop distance, as with any other stop, as well as the trailing step. The trailing step is the number of points the market must move in your favor before moving your trailing stop.

Trailing stop only works when we run MT4 or MT5 trading platform, it will not work when we close application or shut down computer.