Trailing Stop Order New

A Trailing Stop Order follows price through a ladder of levels. Instead of committing to one fixed trigger, it lets the move continue and submits when price reverses to the last passed level, or when the final level is reached.

How the ladder moves

The ladder contains 2–10 absolute or percentage-based price levels:

• For a buy, levels are followed as the price moves down and must be entered from high to low
• For a sell, levels are followed as the price moves up and must be entered from low to high

Example

For a buy ladder at $0.90 → $0.80 → $0.70:

• A drop through $0.90 activates the first level
• A continued drop through $0.80 moves the active level down
• A reversal back to $0.80 submits the buy
• If price reaches $0.70 without reversing, the final level submits the buy instead

The submitted transaction may land at a different price, especially during a fast reversal.

Build the ladder

Choose Buy Trailing Stop or Sell Trailing Stop from a token or pool trade menu, then set:

1. Trigger type and 2–10 ladder levels
2. Expiry for the order

The remaining amount, wallet, execution, and optional TP/SL controls follow the Classic order flow.

Check both order and ladder direction

A buy ladder must run high to low; a sell ladder must run low to high. The last level acts as the terminal trigger if price moves through the entire ladder without reversing. Funds are not reserved while the order trails.

Follow the active level

Before the first level, the order remains Pending. After a level is passed, Trailing identifies the active level and the levels still ahead. Tight spacing reacts sooner but catches more ordinary noise; wider spacing gives the move more room but can produce a later entry or exit.

When a reversal triggers submission, route availability, liquidity, balance, slippage, and fee priority still determine whether and where the trade fills.