For trailing stop orders to buy, the initial stop is placed above the market price, thus the offset value is always positive.
Please note that the level it is seen at on the chart isn’t the point it will sell.
The initial trailing stop value is set at a certain distance (offset) away from the immediate market price of the instrument.
For those to sell, it is placed below, which suggests the negative offset. Click ‘Confirm and Send’ to set the trailing stop loss. Once placed, the stop value is constantly adjusted based on changes in the market price.
You’ll notice that the bar will drop below the sell icon and it not sell. Your sell position should show up on your chart. I check the option price on the ‘Trade’ tab to be sure, but it won’t sell until it hits your target price or percentage.
The icon and level are a reference, but don’t …