Move stop loss at a specific price

Hi there,

I was wondering if there was a way of creating a robot to adjust my stop loss at a specific point.

For example - I have a buy trade and set my S/L at 40 pips.  Then when the trade moves in my favour and goes up by 40 pips, I would like to move the S/L to break even (essentially moving it up 40 pips).  Is this possible?

Thhanks for your help.