How Do I Set a Trailing Stop Loss Gold Order on MetaTrader 4?
How to Set Trailing Stop Loss XAUUSD Order Level on MT4
To set trailing stop pending order levels on MT4 you will need to setup an automated Expert Advisor or automated gold trading script that will then update your trailing stop loss order automatically on the MT4 platform after you open a xauusd trade transaction.
You'll need to specify the number of pips that this trailing stop will use to set the trailing stoploss level.
To learn how to setup MT4 EA Gold Bots & MT4 trading Scripts: Learn about MQL5 Bots for Automated Gold Trading