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The Trailing Stop Loss, or TSL, is a feature designed to help you follow the trend.

You set Stop Loss and activate the trailing feature. Then the system adjusts your Stop Loss price every time the price touches a new high. Your SL follows the price and stays below the latest high on a specified percentage. The drawback is that your trade could stop too early if the price is too volatile or you have a very tight SL for that particular case.

The key is to find the SL percentage for each trade individually, as there are no universal settings. When using TSL, the percentage means that the SL triggers as soon as the price drops that % from the latest high.

Enable it with one click

For SmartTrades, turn on the Trailing Stop Loss by turning the switch green:

For DCA bots, turn on the Stop Loss feature first and then enable Trailing stop loss feature:

That's all. The system remembers the current coin price when the trade goes into active mode. Then it compares that price with the current market rate all the time. The system moves SL up every time the current price is higher than the remembered one. It uses the difference between these prices to determine how far it should move the SL. After the move is made, the system updates the remembered price and starts comparing it again. That process is active until the trade closes by any condition, be it SL, TP or market close.

Check this GIF for a better understanding:

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