EA Studio sets Stop Loss and Take Profit in pips. The value of one pip depends on the number of decimal digits of the current market. For example, 1 pip is equal to 10 points for markets that have 5 or 3 decimal digits like EURUSD and USDJPY. If your broker has a quotation in an even number of digits, like 1.2345, then 1 pip = 1 point.

Using pips instead of points make it easier to calculate a strategy on different markets because EA Studio automatically calculates the point value.

EA Studio sets an equal protection level for the Fixed Stop Loss and the Trailing Stop Loss.  The Stop Loss price is always below the position's Open Price for Long positions and above for the Short positions.
SL Distance = Stop Loss * Pip Value.

Long SL Price = Bid - SL Distance.
Short SL Price = Ask + SL Distance.

When the strategy uses a Trailing Stop Loss, it trails only at the beginning of the bar when there is a new higher High or a new lower Low. In such cases
Long SL Price = Previous Hign - SL Distance.
Short SL Price = Previous Low + SL Distance.

Some brokers have a limitation for the minimal SL Distance. It is usually 0 - 5 points.

EA Studio has an additional SL protection in case of a big weekend gap. If the market opens at a price that is over the positions SL, and the broker doesn't close the position, EA Studio closes the position at the current price.

EA Studio trails the TRailing Stop Loss et every new higher High or lower Low no matter the current position profit. The current position is usually at a profit at that moment, because the Stop Loss distance most often is higher than the spread.