Trailing Stop-Loss
What is a Trailing Stop-Loss?
A Trailing Stop-Loss is an advanced version of a standard stop-loss.
Instead of remaining fixed, the stop price automatically moves upward as the token price increases. This allows you to lock in profits while limiting downside risk, making it ideal for capturing strong momentum without giving back gains during pullbacks.
Example
You set:
Take Profit: +200%
Stop Loss / Drawdown: -40%
If the token pumps +190% and then starts to drop, the outcome depends on whether the trailing stop is enabled.
Without Trailing Stop-Loss
The position stays open until the price drops to -40%, which can turn a profitable trade into a loss.
With Trailing Stop-Loss
The stop price moves upward with the price, securing profits. If the price peaks at +190%, the stop adjusts to about +74%, locking in gains.
Formula
The trailing stop is calculated using the following formula:
\text{Stop Price} = \text{Highest Price} \times (1 - \text{Drawdown})
Example calculation:
+190%
40%
+74%
This means the trade will automatically close in profit if the price drops to that level.
How to Enable Trailing Stop-Loss
1
Open Settings
2
Click on Trading Settings
3
Enable Auto Sell
4
Activate Trailing Stop-Loss
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