Yes, it is possible to use multiple sell settings such as Take profit and Trailing stop-loss simultaneously. The sell setting that is reached first will trigger the sale of the open position.

For example, suppose you always want to sell positions with a profit of 10%, but you also want to be able to sell when the position has reached 5% profit but then decreases again. In that case, you could use a Take profit of 10% and an Arm trailing stop-loss of 5% with a Trailing stop-loss of 1%.