Auto Trail Example #2 building on top of Example #1:
The settings in the image below are saying:
"Once our trade has 4 ticks in profit, move our Stop Loss back 6 ticks and move it up for every additional 2 ticks in profit then; once our trade has 10 ticks in profit, tighten and move our Stop Loss back 3 ticks and increase the rate at which the Stop Loss is adjusted and move it up for every additional 1 tick in profit"
Average Entry - 1000 Long (SP Emini contract)
The market moves up to 1001 and the Auto Trail is triggered (Average Entry + Profit Trigger = 1000 + 4 ticks = 1001) and the Stop Loss is adjusted to 999.50 (1001 - Stop Loss = 1001 - 6 ticks = 999.50). For every additional 2 ticks (Frequency of 2 ticks) the Stop Loss will be adjusted by 2 ticks (same as Example #1). Then the market moves to 1002.50 and the 2nd step of the Auto Trail strategy is triggered and the Stop Loss is adjusted to 1001.75 and moves up by 1 tick with every additional tick in profit.