Confusion - Trailing Stop

[ginogeorge]

I cant understand reading everything, on how to use the trailing stop.

My current plan is, 20pips TP, 10 pips SL.
What I want is, if my profit becomes 5pips, I want to bring my SL 5 pips below that. Which means at zero.
Then when profit becomes 6pips, SL is 1pip.

Similarly as it goes on, once it hits the TP, it should go on. (And not stop)
I guess that can be acheieved by not keeping any TP and only the Trailing Stop Loss.

I get confused with what values to enter for SL, Step, threshold, stop

Please Help me

Thanks

[roar]

Pardon my handwriting lol

[ginogeorge]

Sorry Bro. It acts like there is no new command

[fxDreema]

https://fxdreema.com/tutorial/builder/trailing-stop

[ginogeorge]

@fxdreema
But the problem is Im not able to understand that formula. I tried with my understanding, but it didnt work

[fxDreema]

You don't understand how the trailing stop works?

I don't understand this - "once it hits the TP, it should go on". I don't know why people sometimes explain things like this. I'm very simple, I understand every word literally. When I read that TP is hit, for me this means that the trade is closed, gone... I can't imagine how it continues to go on