A trailing stop-loss order is a type of day trading order that allows you to adjust the stop price by a certain fixed percentage with the change of security price. This strategy helps you to lock in profits while guarding you against day trading losses. To create a trailing stop loss strategy in an algo trading on the Tradetron platform, you can use ‘advanced settings ’ to set the strategy rules. You can use the ‘trailing stop loss’ feature in ‘advanced settings ’ to set the conditions. In this after a certain amount of profit you can activate trailing stop loss.