diff --git a/freqtrade/constants.py b/freqtrade/constants.py
index 385dac1d1..a2b69b2d7 100644
--- a/freqtrade/constants.py
+++ b/freqtrade/constants.py
@@ -63,6 +63,7 @@ CONF_SCHEMA = {
         'stoploss': {'type': 'number', 'maximum': 0, 'exclusiveMaximum': True},
         'trailing_stop': {'type': 'boolean'},
         'trailing_stop_positive': {'type': 'number', 'minimum': 0, 'maximum': 1},
+        'trailing_stop_positive_offset': {'type': 'number', 'minimum': 0, 'maximum': 1},
         'unfilledtimeout': {
             'type': 'object',
             'properties': {
diff --git a/freqtrade/strategy/interface.py b/freqtrade/strategy/interface.py
index fb8bcd31d..7cf990cf5 100644
--- a/freqtrade/strategy/interface.py
+++ b/freqtrade/strategy/interface.py
@@ -174,6 +174,7 @@ class IStrategy(ABC):
         """
         Based on current profit of the trade and configured (trailing) stoploss,
         decides to sell or not
+        :param current_profit: current profit in percent
         """
 
         trailing_stop = self.config.get('trailing_stop', False)
@@ -199,13 +200,16 @@ class IStrategy(ABC):
 
             # check if we have a special stop loss for positive condition
             # and if profit is positive
-            stop_loss_value = self.stoploss
-            if 'trailing_stop_positive' in self.config and current_profit > 0:
+            stop_loss_value = self.strategy.stoploss
+            sl_offset = self.config.get('trailing_stop_positive_offset', 0.0)
+
+            if 'trailing_stop_positive' in self.config and current_profit > sl_offset:
 
                 # Ignore mypy error check in configuration that this is a float
                 stop_loss_value = self.config.get('trailing_stop_positive')  # type: ignore
                 logger.debug(f"using positive stop loss mode: {stop_loss_value} "
-                             f"since we have profit {current_profit}")
+                             f"with offset {sl_offset:.4g} "
+                             f"since we have profit {current_profit:.4f}%")
 
             trade.adjust_stop_loss(current_rate, stop_loss_value)
 
diff --git a/freqtrade/tests/test_freqtradebot.py b/freqtrade/tests/test_freqtradebot.py
index b7ae96048..61907a321 100644
--- a/freqtrade/tests/test_freqtradebot.py
+++ b/freqtrade/tests/test_freqtradebot.py
@@ -1805,7 +1805,71 @@ def test_trailing_stop_loss_positive(default_conf, limit_buy_order, fee, caplog,
                  }))
     # stop-loss not reached, adjusted stoploss
     assert freqtrade.handle_trade(trade) is False
-    assert log_has(f'using positive stop loss mode: 0.01 since we have profit 0.26662643',
+    assert log_has(f'using positive stop loss mode: 0.01 with offset 0 '
+                   f'since we have profit 0.2666%',
+                   caplog.record_tuples)
+    assert log_has(f'adjusted stop loss', caplog.record_tuples)
+    assert trade.stop_loss == 0.0000138501
+
+    mocker.patch('freqtrade.exchange.Exchange.get_ticker',
+                 MagicMock(return_value={
+                     'bid': buy_price + 0.000002,
+                     'ask': buy_price + 0.000002,
+                     'last': buy_price + 0.000002
+                 }))
+    # Lower price again (but still positive)
+    assert freqtrade.handle_trade(trade) is True
+    assert log_has(
+        f'HIT STOP: current price at {buy_price + 0.000002:.6f}, '
+        f'stop loss is {trade.stop_loss:.6f}, '
+        f'initial stop loss was at 0.000010, trade opened at 0.000011', caplog.record_tuples)
+
+
+def test_trailing_stop_loss_offset(default_conf, limit_buy_order, fee, caplog, mocker) -> None:
+    """
+    Test sell_profit_only feature when enabled and we have a loss
+    """
+    buy_price = limit_buy_order['price']
+    patch_get_signal(mocker)
+    patch_RPCManager(mocker)
+    patch_coinmarketcap(mocker)
+    mocker.patch('freqtrade.freqtradebot.Analyze.min_roi_reached', return_value=False)
+    mocker.patch.multiple(
+        'freqtrade.exchange.Exchange',
+        validate_pairs=MagicMock(),
+        get_ticker=MagicMock(return_value={
+            'bid': buy_price - 0.000001,
+            'ask': buy_price - 0.000001,
+            'last': buy_price - 0.000001
+        }),
+        buy=MagicMock(return_value={'id': limit_buy_order['id']}),
+        get_fee=fee,
+    )
+
+    conf = deepcopy(default_conf)
+    conf['trailing_stop'] = True
+    conf['trailing_stop_positive'] = 0.01
+    conf['trailing_stop_positive_offset'] = 0.011
+    freqtrade = FreqtradeBot(conf)
+    freqtrade.create_trade()
+
+    trade = Trade.query.first()
+    trade.update(limit_buy_order)
+    caplog.set_level(logging.DEBUG)
+    # stop-loss not reached
+    assert freqtrade.handle_trade(trade) is False
+
+    # Raise ticker above buy price
+    mocker.patch('freqtrade.exchange.Exchange.get_ticker',
+                 MagicMock(return_value={
+                     'bid': buy_price + 0.000003,
+                     'ask': buy_price + 0.000003,
+                     'last': buy_price + 0.000003
+                 }))
+    # stop-loss not reached, adjusted stoploss
+    assert freqtrade.handle_trade(trade) is False
+    assert log_has(f'using positive stop loss mode: 0.01 with offset 0.011 '
+                   f'since we have profit 0.2666%',
                    caplog.record_tuples)
     assert log_has(f'adjusted stop loss', caplog.record_tuples)
     assert trade.stop_loss == 0.0000138501