How to use Trailing TP as Trailing SL (Link provided) ?

[Nande Designs]

I am trying to figure out how to use Trailing TP.

If for example, I need to buy and use Trailing TP... My thinking or logic in the robot is that I should write a negative sign before the TP so that it is behind the Current Price and not in front of it... (E.g. TP -15)... That way, my order does not get triggered at 15 pips away above current price as per normal TP, but instead TP follows the price from behind. When price retraces, it locks profit as a Stop-Loss would, except its a TP.

Please check link below and advise if this is the correct way (Use of negative signs).

LINK : https://fxdreema.com/shared/TeYbtGJ9d

[CPBonzo]

Take Profit can only be above the price for Buy orders or below the price for Sell orders. Is it behind the current price it is a Stop-Loss.

[Nande Designs]

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[Nande Designs]

@cpbonzo What is the function of the Trailing Take-Profit block ? In my understanding, if it is trailing above during a buy, it will run away from the price and not get triggered... which would defeat the point of having it... so the only thing left to sense would be that it would work like a limit order. Could you shed some light as to the function of a Trailing TP ?

[CPBonzo]

Trailing profit works such that when the price moves against you the Take Profit moves too, thus reducing the profit you will get when it is hit, but making it more likely it will be hit.