Overview: Implement trailing stops with the 'Auto Trailing Stop' feature in the OTS Trader bot. This functionality automatically adjusts stop orders a set number of points behind the current price, providing enhanced trade protection against adverse market movements.

Operation:

• Dynamic Trailing Stops: The feature safeguards trades by automatically placing a trailing stop a set number of points behind the current price.

• Trigger Activation: Once the trigger is met, the trailing stop activates at X preset points away from the highest recent price. As prices move up, the stop automatically adjusts upward according to your settings.

• Real-Time Adjustment: Make real-time adjustments to the settings during live trades to adapt to changing market conditions and optimize trade security.

• On/Off Functionality: Toggle the 'Auto Trailing Stop' feature on or off as needed, providing convenience and flexibility in managing trades according to evolving market conditions.

Key Features:

• Trade Protection: Enhance trade management by dynamically adjusting stops, helping to secure profits and minimize potential losses as market conditions change.

• Adaptability: Real-time adjustment capabilities enable traders to respond quickly to market fluctuations, ensuring optimal trade security and risk management.

• Convenience: Toggle the feature on or off as needed, providing flexibility in managing trades and adapting to changing market dynamics.

  
  

Conclusion: The 'Auto Trailing Stop' feature in the OTS Trader bot enhances trade protection and risk management by automatically adjusting stop orders based on current market conditions. With real-time adjustment capabilities and convenient on/off functionality, traders can adapt to evolving market conditions and optimize trade security with ease.