A trailing entry price is always an entry condition and must be used in conjunction with the
And Then Within
indicator. This indicator allows you to enter a trade at a certain price
that you determine after certain conditions are met. For example, let’s say
you want to find a gap up,
but you don’t want to enter the trade until prices have moved above the high
of the gap up. You can use the trailing entry price to set the entry price
based on the gap up’s high value.