In Trader Workstation, you can create a bracket order where you define your entry price, target price and stop lost price. This can be set for a button or using a hotkey. After, you set it, then you click at a price level on the chart, it will automatically create your buy/sell order, your profit-taker order and your stop lost order in 1 go.

On the screenshot above, I click on the chart at the price level $1.3439. It automatically creates a buy order at $1.3439 and at the same time, it also creates a sell limit order at $1.3451 and a sell stop at $1.3431. This trade bounds me for a gain of 12 pips(1.3451 - 1.3439) and a lost of 8 pips(1.3439 - 1.3431).

Configuration to buy

1. Navigate to File > Global Configuration ...
2. Under Configuration > Charts > ChartTrader > HotKeys.

WARNING

• All limit prices will not change if your move lines from the chart. This is really stupid.
• To avoid changing multiple limit price, for the stop loss order, use stop order instead of stop limit order.
• Double-check the limit price in the ChartTrader. Price shown in Order Management->Orders mosaic is misleading.
• Trader Workstation doesn't work after the 4th decimal.

Configuration to short sell

1. Navigate to File > Global Configuration ...
2. Under Configuration > Charts > ChartTrader > HotKeys.

WARNING

• All limit prices will not change if your move lines from the chart. This is really stupid.
• To avoid changing multiple limit price, for the stop loss order, use stop order instead of stop limit order.
• Double-check the limit price in the ChartTrader. Price shown in Order Management->Orders mosaic is misleading.
• Trader Workstation doesn't work after the 4th decimal.