trail_offset

Parameter: trail_offset

Type: decimal

Required: No (yes with trail_price)

Description:

  • The Trail price must be specified
  • The amount by which the trailing stop-loss will be adjusted.
  • This parameter is only relevant if trailing is enabled in the MT5 connector.
  • The TpMethod in the MT5 connector determines how the trailing offset is interpreted:
    • TpPrice: The trailing offset is a fixed price value.
    • TpPercent: The trailing offset is a percentage of the current price.

Example:

JSON

{
    "trail_price": 1.1220,
    "trail_offset": 0.0020
}

Note:

  • The trail_offset parameter is only relevant if trailing is enabled in the MT5 connector.
  • Ensure that the TpMethod in the MT5 connector is set correctly to match the desired trailing behavior.
  • Incorrect or missing trail_offset values may result in unexpected behavior.