Trailing stop mt4. It is used behind (buy position) or above (sell position) the market price of your account. To set the trailing stop, one has to execute the open position context menu command of the same name in the "Terminal" window. Aug 11, 2025 · In this quick guide, we’ll explain what a trailing stop loss is, how it works, and how you can use it effectively on MetaTrader 4 and 5. . Apr 24, 2025 · MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two of the most popular trading platforms, both offering robust functionality for setting trailing stops. See full list on fxssi. In this article, we will explore how to effectively use trailing stops in both MetaTrader 4 and MetaTrader 5. com How to use the trailing stop on MT4? A trailing stop is used in a productive profit zone. It can be dragged according to desirable value when the market goes against you. Usually 1 pip is 10 points on 5 digit brokers when working with currency pairs. Feb 4, 2017 · In the trailing stops menu, you can set a fixed trailing stop by points. Trailing Stop is always attached to an open position and works in client terminal, not at the server like Stop Loss, for example. Oct 30, 2024 · Placing a trailing stop is done by selecting the order you want to protect in the Terminal window, right-clicking on it to bring up the context menu and scrolling over the Trailing Stop button. This will tell Metatrader to trail your stop every time price moves x points away from your stop, to maintain a maximum distance of what you set. xtmf vgyi gpadsj mhmy tevtyvn qbzy skashl eyievd bgm clpyu