Create an Adjustable Trailing Stop Limit Order

When you create any type of stop order (stop, stop limit, trailing stop or trailing stop limit) you can attach a one-time adjustment in the form of a trailing stop limit order.

You can attach adjustments using the Adjust tab on the Order Ticket, or directly from the trading screen by displaying the Adj Order Type, Trigger Price, Adjusted Stop Price, Adjusted Stop Limit Price and Adjusted Trailing Amount fields.

To attach an adjustable trailing stop limit order

  1. Select a valid order (stop, stop limit, trailing stop or trailing stop limit).

  2. In the Adj Order Type field, use the dropdown selection to choose TRAIL LIMIT.

  3. Set the Trigger Price that will be used to trigger the order modification.

  4. Set the Adjusted Stop Price