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How do I set up and manage Trailing Stops in MT5?

How do I set up and manage Trailing Stops in MT5?

A Trailing Stop automatically adjusts your Stop Loss level as the market moves in your favour, helping you lock in profits while keeping the position open.

Desktop (Windows/macOS):

  1. Open your MT5 platform and make sure you have an active trade.

  2. In the Terminal window (press Ctrl+T if not visible), go to the Trade tab.

  3. Right-click on the open position you want to protect.

  4. From the menu, select Trailing Stop.

  5. Choose a preset value (e.g., 15 points, 50 points) or select Custom to set your own.

  6. Once activated, the stop loss will move with the price by the set distance.

Managing Trailing Stops:

  • To remove a trailing stop, right-click the order again → Trailing Stop → None.

  • To modify it, set a new value; the old one will be replaced.

  • Remember: trailing stops work locally on your MT5 terminal. Your computer or device must remain connected for the trailing stop to function.

Mobile (iOS/Android):
Trailing stops are not supported on the MT5 mobile app. You can only set standard stop loss and take profit levels. For trailing stops, please use the desktop platform.