A Trailing Stop Loss (TSL) is a dynamic exit order that helps you lock in profits while minimizing losses. Instead of setting a fixed stop loss, the trailing stop adjusts automatically as the price moves in your favor. If the market turns, the position will close once it drops by the specified amount or percentage - allowing you to capture gains without constantly monitoring the market.
On the Capitalise.ai platform, the trailing stop loss applies per hit, meaning it monitors each individual entry independently. This is different from a total stop loss, which tracks the entire strategy’s cumulative profit or loss.
How to Set a Trailing Stop Loss
When building an exit strategy, use the phrase “at trailing stop” followed by your desired amount or percentage.
Examples:
Close position at trailing stop of $10
→ Closes the trade if the hit’s P/L drops by $10 from its peak.Close position at trailing stop of 10%
→ Closes the trade if the hit’s P/L falls by 10 percentage points.
For example, if the position reaches +30% P/L and then drops to +20%, it would trigger the trailing stop.
Combine Trailing Stops with Other Conditions
You can combine a trailing stop with other exit conditions for even more control. For example:
Close position if profit is at $100 or the loss is at $30 or at trailing stop of $20
You can also mix it with technical indicators or other custom logic using and/or operators:
Close position if RSI(14) crosses below 30 or at trailing stop of 5%."
Note: All screenshots and examples are for technical demonstration purposes only. They should not be considered as recommendations for any specific trading strategy, nor do they constitute any form of advice. Please click here for further explanation