Trailing Take Profit is intended to maximize profit; the essence of its operation can be examined using the following example:

  1. You buy 1 ETH for $100 and set Take Profit of +5%, at $105;
  2. You set "Step profit (%)" to 1;
  3. After a while the ETH price reaches $105 and Step Profit will be activated, then it does the following:

No.
ETH price for 1 unit
Trailing Take Profit value
Transaction status
1.
$104.50
$105
Open (Bought)
2.
$105 (rise)
$103.95
Trailing Take Profit activated
3.
$104.30 (correction)
$103.95
Trailing Take Profit activated
4.
$105 (rise)
$103.95
Trailing Take Profit activated
5.
$106 (rise)
$104.94
Trailing Take Profit activated
6.
107$ (rise)
105.93$
Trailing Take Profit activated
7.
108$ (rise)
106.92$
Trailing Take Profit activated
8.
$107 (correction)
$106.92
Trailing Take Profit activated
9.
$110 (peak of rise)
$108.90
Trailing Take Profit activated
10.
$109.24 (begins to fall)
$108.90
Trailing Take Profit activated
11.
$108 (fall)
$108.90
Closed, sold at approx. $108.80


As a result, the transaction closes at roughly $108.80. This brings an 8.8% profit instead of the expected 5%.