Where to find it:
Cornix Dashboard > 'My Bots' page > Create/ Edit > Advanced Settings > Entries > Leveraged Trailing > Personal.
The Trailing Entry (Trailing Buy) works very similar to the trailing take-profit.
Trailing Entry will be activated once the order price has reached on the exchange.
When that happens, instead of executing the entry order as a regular limit order, the bot will create a trailing order that will trail above the minimum price that is reached by the specified percentage.
Just like in the case of a regular stop order, once the price of the coin increases back to the last trailing price, then the coins will be purchased.
Merging Trailing Orders
When the trade has more than 1 Entry target, note that in some cases the next entry target can be reached while a trailing entry order is already active.
When this happens, instead of creating another trailing entry order, the bot will merge the amount that should have been purchased in the new target, with the existing trailing entry order that is already active.
The target that was merged will appear as cancelled with the status "Merged".
Only use if not defined by group
Selecting the "Only use if not defined by group" checkbox will enable the trailing configuration to be used as a fallback, only when there's no trailing entry configuration specified in the signal. If there is a trailing configuration in the signal, the bot will use the value set in the signal.
Important Note:
For automated trades with leverage, the bot will automatically adjust the trailing percentage to the trade's leverage, by dividing the trailing percentage by the leverage level. This happens in order to keep your effective trailing percentage the same.
Learn more on the Automated Configuration Leverage Adjustment article.