Master market and pending orders, calculate SL/TP, and see how Trailing Stop works — with interactive examples
Keyboard: Use ↑/↓ arrows to adjust order price, Enter to simulate
Instant execution at the current price.
When to use:
Quick entry into an ongoing move or for immediate exit.
Common mistake:
Waiting for the perfect price and missing the movement.
Where to place SL/TP:
Set Stop Loss immediately after entry, typically below recent support (for longs) or above resistance (for shorts). Place Take Profit at next key level with minimum 1:2 R:R.
Progress: You've explored 0 of 5 order types.
Why Stop Loss is Critical:
Stop Loss protects your capital from catastrophic losses. It is mandatory in every trade — no exceptions. Trading without a Stop Loss is gambling, not risk management.
✓ Good ratio
Pip Value: $1.00/pip
Risk-based calculation • Adjust R:R for better outcomes
Important Notes:
Trailing Stop automatically moves your Stop Loss to follow price in profitable direction, maintaining a fixed distance. It locks in gains while protecting against reversals.
20 pips below
Waiting for activation
How It Works:
MT5 Trailing Stop Implementation:
Classic Trailing Stop in MT5 works client-side (your terminal must be running). In Expert Advisors (EAs), the logic can be implemented server-side within your code for continuous operation.
Take this quick 3-question quiz to reinforce what you've learned. You can skip if you prefer.
Risk Warning:
Trading involves significant risk of loss. Past results do not guarantee future performance. Never risk more than you can afford to lose.
Not Financial Advice:
This is educational material only, not investment recommendations. Always conduct your own research and consult with licensed financial advisors before making trading decisions.
Execution Disclaimer:
Order execution, slippage, and spreads depend on your broker and market conditions. Stop Loss orders do not guarantee execution at exact prices during market gaps or extreme volatility. Demo simulations may not reflect real trading conditions.