MT4 Function question

I'm relatively new to trading and using MT4. I would search youtube for the instructions to do this (if it's possible) but I'm not sure what to even call it.

There are two functions I'd like to perform. One, the simpler of the two, is I'd like to plot a vertical line over the same candle every day. For example at the 8am candle for every day on the 1H chart. So that when I'm looking at the chart I can clearly see the market open every day. If there's a way to do this without having to manually place each vertical line in, it would save me a lot of time.

The second function is to automatically place the horizontal lines in at a predetermined ratio. For example a 1:3 risk:reward so that when I click a particular place on the chart an Enter, Take Profit and Stop Loss will automatically be drawn on the chart. Perhaps I can just click one and stretch the range without changing the ratios.

Any help would be appreciated. Thank you in advance.

Jay

Hi.
Yes both functionality is programmable with MT4.

1.) Is very simple. You can obtain open price via iOpen Funtion and the paint a graphical object (HLine or trend line) at the given time and price

2.) that can be done in the OnChartEvent when you register for mouse events and check a mouse click. Then you can get the price and time from the x/Y coordinates. Then you can calculate the R:R from that

Thanks. I appreciate your prompt reply. I might need more of a step-by-step instruction to get it but this is very helpful and I'll do my best with it. Thanks again.