You mentioned: "We use a trailing take-profit strategy, which means the take-profit level adjusts as the price moves in your favor. This way, if the price falls back, the trade will close, locking in your profits. For example, once the price reaches TP2, the stop loss moves to TP1, ensuring you don't lose any gains."

I have 2 questions.
1. If the price reaches TP1, what happens to the stop loss? (I would assume it's either the original stop loss price or the purchase price)

2. If the price reaches TP5, is the asset sold immediately?

Thanks for your help.