Can we incorporate a Trailing Step Function?

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Barry Mitchell
Answered 2 months ago
<p id="isPasted">Yes, a trailing step function can be incorporated into trading strategies, particularly when using trailing stop-loss orders. It allows for dynamic adjustment of the stop-loss level as the market moves in a favorable direction, helping to lock in profits or limit potential losses. The trailing step defines how much the price needs to move in the desired direction before the stop-loss order is adjusted.&nbsp;</p><p><br></p>