Quick Label MT4

Quick Label – Fast Text Annotation for MT4

Annotate faster. Trade smarter. Stop clicking through menus. 

Easily place customizable text labels on your charts with a single click. Designed for traders who mark supply/demand zones, levels, or trade notes without wasting time.

 Key Features

Feature Description
One-click text placement Select a preset, click the chart – text appears instantly
Fully customizable presets Configure text style, size, color, angle, and anchor point
Adjustable panel position Move the control panel to any corner (Top-Left, Top-Right, Bottom-Left, Bottom-Right)
Color modes Switch between color schemes for light/dark backgrounds
Angle toggle Rotate text for diagonal labels or trend annotations
Anchor toggle Control where the text attaches relative to your click point
Object counter See how many labels you've placed at a glance
Undo last placement Quickly remove the most recent text label
Clear All Remove all labels placed by this indicator (safe – won't delete other chart objects)
Minimize function Collapse the panel to save screen space when not in use

Important Notes for MT5 Users

Note Explanation
No keyboard hotkeys MT5 indicators cannot directly listen for keyboard input – all actions are handled via on-screen buttons
Text only This tool places text labels, not drawing objects (lines, rectangles, fibs, etc.)
One instance per chart recommended Running multiple copies may cause object naming conflicts

Why Use Custom Text Dash?

  • Mark supply/demand zones in seconds

  • Add notes directly on breakout levels

  • Keep a visual log of trade ideas

  • Works with any timeframe or symbol

Panel Positioning

Corner Value Position
0 Top-Left
1 Top-Right
2 Bottom-Left
3 Bottom-Right

Adjust  MenuX  /  MenuY  offsets for perfect placement.

Troubleshooting Quick Guide

Problem Solution
Panel not showing Set  Corner = 0  (Top-Left) to bring it on-screen
Text invisible on dark background Change  DefaultTextColor  to Yellow, Lime, or White
Can't undo after multiple labels Undo only removes the last placed text – use Clear All instead
Buttons unclickable Check no other object is covering the panel area

Requirements

  • Platform: MetaTrader 5

  • File type:  .mq5  (not  .mq4  or  .txt )


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