Note: This documentation applies to the Nuvexlens Advanced Charting System. Nuvexlens fully supports technical indicators and strategy backtesting to help you make smarter trading decisions.
Trailing stop
A trailing stop is a dynamic stop-loss that moves with the market when it's in your favor. It locks in profits as the price moves, but stays fixed if the market reverses. If the market keeps moving your way, the stop moves with it, but never in the other direction. It helps you ride trends longer while still limiting losses.
