Stop loss and TP in MT4

Is there a way to configure SL and TP in MT4?

For instance if I rightclick on a chart and choose BUY Limit at (whatever), the order window comes up. Now I have to manually enter my SL and TP. Is there a way that the fields are automatically filled? Let's say SL field has a price 15 Pips below current price?

No, at least not to my knoledge,

you could use a script to do this tho.... just write a script that places a market order with a defined tp and sl and click and drag it to the chart at the time you want the trade to execute!

Thanks,

I'm new to mt4, so I have no idea how to write a script for it.

I've never used this so I'm not sure what the settings are, but if you check out the MTF Trix thread you'll find lots of advice.

You could try use Expert Advisor that I attached.

I have tried using this EA with open TP/SL script. It will automatically set TP and SL based on EA input.

It should works well with pending order. Give it a try first. Btw, I do not know whether this EA do support 5 digit broker. Adding another 0 digit might do the tricks.

Hope this will help.

Cheers and Happy New Year to you.

~profi~