Defines the maximum Stop Loss distance allowed on the Slave.
If the copied or calculated Stop Loss is larger than this value, it will be reduced to respect this maximum.
The entered value is interpreted according to the selected option:
% of entry price: The maximum Stop Loss distance is calculated as a percentage of the Slave entry price. Example: if the Slave entry price is 1.2000 and the value is 1, the Stop Loss can be maximum 1% of 1.2000 away from the entry price.
cash amount: The maximum Stop Loss distance is calculated so the possible loss does not exceed the entered money amount. Example: if the value is 50, the Stop Loss will be limited so the estimated loss does not exceed about 50 in the Slave account currency.
pips: The maximum Stop Loss distance is set directly in pips from the Slave entry price. Example: if the value is 20, the Stop Loss can be maximum 20 pips away from the Slave entry price.
price decimal: The maximum Stop Loss distance is set as a raw price distance. Example: on EURUSD, if the value is 0.0010, the Stop Loss can be maximum 0.0010 away from the entry price.
If the Maximum SL leads to a higher loss than the configured Maximum Risk, it will be capped to the Maximum Risk value.
How to set maximum SL
Please click Copy Settings
Click Adv. Settings
Go to Position Management tab
Define the Maximum SL value and select from the dropdown options (% of entry price, cash amount, pips, price decimal)