does tradingview have trailing stop loss?

Kind of new to using the TradingView platform and i can't find the trailing stop loss feature. Please does TradingView have trailing stop, and how do i access it?

M
@mercury01 - 1 year ago

Yes, TradingView has trailing stop loss. There are two ways to use it.

1. You can open a pending order, click on "SL" then click on "Trailing Stop Loss" then set the number of pips to trail by.

M
@mercury01 - 1 year ago

2. If you have already opened a normal trade, you can click on "modify order" then click on "stop loss" then select "trailing stop"

M
@mercury01 - 1 year ago

When configuring your trailing stop loss, if you choose 1.4 pips then every time you make a profit of 1.2 pips the stop loss will adjust to secure it.

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