A stop loss is the one order every trade needs. TradeLocker gives you four ways to set it — on the chart, with a calculator, as a trailing stop and with a one-click break-even button. Steps follow TradeLocker’s help articles, checked November 1, 2026.
Set SL and TP on the chart
- Choose the instrument and enter your order size.
- Click the + icon on the right of the chart, next to the price scale.
- Choose SL or TP — a draft line appears on the chart.
- Drag the line to your level.
- Click Buy or Sell to place the order.
Use the SL/TP calculator
Expand the order panel with the arrow at the top right and enter the stop and target in whichever format suits you:
| Format | Example |
|---|---|
| Dollars | $20 stop, $50 target |
| Relative ticks | 10-tick stop from entry |
| Percent of balance | 1% stop = $100 on a $10,000 account |
| Price | A specific price level |
Preview the zones on the chart before you confirm. The percent-of-balance option is the quickest way to keep risk consistent from trade to trade.
Add a trailing stop
- Expand the order panel and click Trail next to Stop Loss.
- Set the distance from price — in price, ticks, dollars or percent of the account — on the chart or in the panel.
- Click Buy or Sell.
The trailing stop follows price when it moves in your favour and stays put when it moves against you. Too tight and normal noise stops you out; too wide and you give back much of the move. A distance close to the instrument’s typical range — see the ATR indicator — is a sensible starting point.
Move the stop to break even
- Open the Trades panel and select the position.
- Click the Break even icon.
- Optionally tick the box to include fees and swaps.
Edit SL and TP on an open trade
Go to Open Positions, select the trade, click Edit, drag the line to the new level and confirm.
Size the trade before you set the stop
The stop distance and the position size work together: a wider stop needs a smaller position for the same dollar risk. Work out the lot size first with our position size calculator, or use TradeLocker’s built-in risk calculator — see how to use TradeLocker.
Frequently asked questions
How do I set a stop loss on TradeLocker?
Click the + icon beside the price scale on the chart, choose SL, drag the line to your level and click Buy or Sell. You can also open the SL/TP calculator in the order panel and enter the stop in dollars, ticks, percent of balance or as a price.
Does TradeLocker have a trailing stop?
Yes. Expand the order panel and click Trail next to Stop Loss, then set the distance in price, ticks, dollars or percent of the account.
How do I move my stop to break even on TradeLocker?
In the Trades panel, select the position and click the Break even icon. You can tick the option to include fees and swaps so the level covers your costs.