How Do I Set a Trailing StopLoss on MT5?

How Do You Set a Trailing StopLoss on MT5?

To set trailing stop order levels on MT5 you will need to setup an Automated EA or automated script that will then update your trailing stop loss order automatically on the MT5 platform after you open a trade.

You will need to specify the number of pips that this trailing stop will use to set trailing stop loss level.

To learn how to set up MT5 Automated EA Robots and MT5 trading Scripts: Learn about MQL5 Robots for Automated Trading

How Do I Set a Trailing StopLoss on MT5?