Trading box Technical analysis indicator MT5 MT4 (Full Tutorial)
Advanced technical analysis indicator
This video covers full tutorial for Trading box Technical analysis indicator mt5 mt4. This Metatrader technical indicator is used as supply demand indicator mt5 and support resistance indicator mt5.
Link to Trading box Technical analysis indicator: https://www.mt4tradingbox.com/technical-analysis/
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Draw your supply and demand zone with rectangle and support resistance with trendline touch alert mt4 mt5. This is the best Supply and demand indicator mt4 mt5 trading software for metatrader 4 5.
Smart Rectangle Extender
Rectangles and Trendlines are extended into future with one click. Rectangle size, name and prices are displayed around rectangle or trendline price alert mt4 indicator
Risk Reward indicator mt4 mt5
Trader can use risk reward calculation to decide if trade is profitable enough. You can manually drag horizontal line and risk reward with pip count is displayed as text on horizontal line
Price and Engulf Alert
Price Alert and Engulf detection in Rectangle extender are supported with MT4 mobile push notifications. Stay notified about market events.
How to scale into level?
Trader can use history search functions with rectangle or horizontal line. Function search break of the line in chart history or rectangle origin in history.
Extended rectangles and trendlines
Extended object is automatically extended to the right edge of the chart when price draw new candlesticks on chart
Price touch alert
Touch Alert is triggered when price touch rectangle or trendline. Price alert is also available for angled rayed trendline
Engulf alert (broken zone)
Breaker Alert is triggered when price break rectangle of supply and demand zone
Candle Close alert
Candle close Alert is triggered when candle is closed outside of the rectangle or on the other side of trendline
Breakout Retest alert
Breakout Retest alert is triggered if the candle closes beyond trendline and then price touches trendline for retest in trading.
Sound repeat after Alert, Engulf, Close, Retest
R button enable you repeat alert sound every few seconds
Risk reward ratio indicator
Show RR ratio for trade target, available with rectangle
Color change buttons
Quickly change color for selected object with one click. If no object is selected then color button create a new rectangle
Text button - object name text position
Display rectangle or trendline text in all possible spots around or inside object
Rectangle Split with % trendline
Rectangle is split with extended trendline by 50% of rectangle height. When you move split trendline, then % (percentage) recalculates.
Fibonacci retracement indicator
Non-extended rectangle have option to split by % and give option to see discount or premium price of the price zone
Trendline compression tool
Mark compression zone on the chart, like price action zone. If you click on Flat button then trendline become horizontal flat
Chart synchronization mt4 mt5 - chart sync object
SYNC button synchronize selected objects ( rectangle, trendline, horizontal line, vertical line, Fibonacci retracement indicator ) of the same symbols
Multiple timeframe analysis with nested zones
Bands button create top and bottom rectangle lines visible on all TF but filled rectangle is visible only on current TF
Auto scale TF visibility for newly created rectangle & trendline
Set timeframe visibility for current and lower timeframes. This give bigger importance to objects on higher timeframes
Object timeframe visibility
Set object timeframe visibility with LTF, MTF and HTF buttons
Navigate to Rectangle origin position
Function that show origin of selected rectangle in the middle of the chart when button @ is clicked
Horizontal break line price (time machine)
Function search first horizontal line break in chart history on the left
Hist. button and dashboard link
Show the time of last alert in the label. This information is transferred to Technical analysis dashboard where you can see last alerts of all charts in one list
Name the zones from the suggested list
Button Rename gives option to rename the zones from the suggested list
Time Frame colors for new created objects
User can define special color for each standard time frame
Candle click to create SD zone
Button Click SD with ON//OFF logic for extended rectangle creation when user click on candle
Hotkeys: draw Support Resistance levels and Supply Demand zones
When candle is clicked then Hotkeys for drawing support and resistance level or supply and demand zone is displayed
