How Do I Set a Trailing Stop Loss on MetaTrader 5?

How Do You Set a Trailing Stop Loss on MetaTrader 5?

To set trailing stop order levels in MetaTrader 5 you will need to setup an Expert Advisor or automated forex 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 Meta Trader 5 Expert Advisor Robots and MT5 Scripts: Learn about MQL5 Robots for Automated Trading

How Do I Set a Trailing Stop Loss on MetaTrader 5?