What is the difference between OBJ_RECTANGLE_LABEL and OBJ_RECTANGLE?
Rectangle is anchored by time/price
The label by pixel co-ordinates.
Your reply is good. But not convincing. Why is there a need for two different objects. Only the difference of Anchor then it is not making sense.
What is the need to place one object by time/price and other by pixel co-ordinate? Doesn't make any sense to me. Can you explain the difference?
Your reply is good. But not convincing. Why is there a need for two different objects. Only the difference of Anchor then it is not making sense.
What is the need to place one object by time/price and other by pixel co-ordinate? Doesn't make any sense to me. Can you explain the difference?
As the chart moves, a time/price object will move with it.
Your reply is good. But not convincing. Why is there a need for two different objects. Only the difference of Anchor then it is not making sense.
What is the need to place one object by time/price and other by pixel co-ordinate? Doesn't make any sense to me. Can you explain the difference?
If you want an object that always is displayed on the chart at the same place, not attached to a specific price - use anchor
by pixel.
If you want an object that is displayed attached to a time/price and displayed only when the time/price is shown on the
chart and attached and moves with it - use anchor to time/price.
Yes totally agree with the answers here. But if I need to fix or move an object with time, I can still use the Rectangle object. The label object is not even having the text displaying property. I tried to incorporate the ability to display text using property but it did not have one.
Hence, OBJ_RECTANGLE would be sufficient.
But may be the MetaQuotes team have something different in mind, I guess.
Anyways Thank you for your wonderful replies.
I use OBJ_RECTANGLE_LABEL as a background for other objects if I need one, a panel for example.
Is there a way to get prices from OBJ_RECTANGLE_LABEL?
Just need confirmation of my bias that it should not be possible.
Is there a way to get prices from OBJ_RECTANGLE_LABEL?
Just need confirmation of my bias that it should not be possible.
Perhaps you should read the manual. ChartXYToTimePrice - Chart Operations - MQL5 Reference - Reference on algorithmic/automated trading language for MetaTrader 5
How To Ask Questions The Smart Way. (2004)
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I do not understand the purpose of creating these two types of rectangles: OBJ_RECTANGLE_LABEL and OBJ_RECTANGLE
Ultimately they look similar. The OBJ_RECTANGLE_LABEL does not even give a preference to write text on it, how is that a label?
OBJ_RECTANGLE_LABEL and OBJ_RECTANGLE are simply the same then why they are two difference objects?
Please someone explain me.