Rhino Drawing Tools MT4

Rhino Chart Drawing Tools for MetaTrader 4

Rhino Chart Drawing Tools provides a TradingView-style drawing workflow for MetaTrader 4. It includes 54 drawing tools, a customizable toolbar, favorites, quick styling, object settings, templates and an object manager.

User manual: How to use the product

Free demo version: Download the demo

MetaTrader 5 version: Rhino Drawing Tools for MT5

Drawing Tools

Lines Trend line, ray, extended line, horizontal line, vertical line, horizontal ray, cross line, trend angle, arrow, path, polyline and info line.
Channels Parallel channel, regression channel, flat channel, disjoint channel and pitchfork.
Fibonacci Retracement, extension, channel, speed fan and time zones.
Gann Gann box and Gann fan.
Shapes Rectangle, rotated rectangle, ellipse, circle, triangle and polyline.
Annotations Text, note, callout, price label, signpost, flag and arrow marks.
Patterns XABCD, ABCD, Cypher, Head and Shoulders, triangle, three drives, Elliott impulse and Elliott correction.
Projection Long position, short position, forecast, price range, date range and date & price range.
Brushes Freehand brush and highlighter.

Time and Price Coordinates

Drawing objects store their anchor points using time and price coordinates. Screen pixels are calculated from these coordinates when the chart is rendered.

This allows objects to remain associated with their intended bars and price levels when the chart is zoomed, scrolled, resized or switched to another timeframe.

Coordinates can also be edited directly in the object settings, allowing precise placement without moving the object manually.

Object Settings

Each drawing has its own settings panel. The available options depend on the selected object.

  • Style: line color, width, line style, arrows, extensions, fill color and opacity.
  • Text: caption, font size, font weight, alignment, color and position.
  • Coordinates: editable time and price values for each anchor point.
  • Visibility: timeframe visibility and axis readout.
  • Levels: level values, colors and labels for supported Fibonacci and Gann tools.

Changes are previewed immediately on the chart. Press Cancel to restore the settings that were active when the window was opened.

Toolbar and Object Manager

The toolbar organizes the drawing tools into groups. Each group remembers the last selected tool. Frequently used tools can be added to the Favorites strip for quick access.

The toolbar, Favorites strip, quick styling bar and object manager can be moved to different positions on the chart. The interface also supports light and dark themes.

The object manager provides a list of drawings currently available on the chart. Each object can be:

  • Shown or hidden.
  • Locked or unlocked.
  • Opened in its settings panel.
  • Deleted.

Quick Styling and Templates

Select an object to display the quick styling bar. Common properties such as colors, line width, line style, templates, settings, lock and delete can be changed directly from this bar.

Object styles can be saved as templates and reused on other drawings. Templates can contain visual properties and captions, while the position of the original object is not copied.

Templates are stored on disk and remain available after restarting MetaTrader 4.

Text and Annotations

Many drawing objects support captions in addition to dedicated text and annotation tools. Captions can be edited directly on the chart.

  • Double-click an object to edit its text.
  • Press Shift + Enter to insert another line.
  • Text on sloping objects follows the object's orientation.

Rendering and Chart Interaction

Rhino uses a vector-based drawing engine for lines, curves, text, fills and other graphical elements. The drawing layer supports anti-aliased rendering, transparent fills and dashed or dotted lines.

Hold Shift while dragging an object to constrain the movement to one axis.

When an object is selected, its price range and time range can be displayed as tags on the chart axes. These tags can be disabled for individual objects.

Drawing and Object Locks

  • Drawing Lock: prevents the creation of new drawing objects.
  • Object Lock: prevents existing objects from being selected or moved accidentally.

How to Use

  1. Attach Rhino Chart Drawing Tools to a MetaTrader 4 chart.
  2. Select a drawing tool from the toolbar or Favorites.
  3. Click or drag on the chart to create the object.
  4. Select an existing object to move or edit it.
  5. Use the settings panel for detailed configuration.
  6. Use templates to reuse frequently used styles.

Press Esc, Delete or the right mouse button while creating an object to cancel the current drawing operation.

Compatibility

Works with MetaTrader 4 charts, symbols and timeframes. Rhino Chart Drawing Tools does not place trades, send orders or modify trading positions.

The drawing layer operates independently of MetaTrader's standard chart objects, allowing both systems to be used on the same chart.

Important Notes

  • This product is a chart drawing and analysis tool. It does not execute trades.
  • It does not modify open positions or pending orders.
  • It does not replace or modify MetaTrader 4's built-in chart objects.
  • Object appearance, including colors, widths, fonts and levels, is configured individually for each drawing.

For questions or feature requests, please use the MQL5.com product comments or messaging system.

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Fast. Accurate. Innovative. Tech-Driven. Discover instant trade copying with the revolutionary X2 Copy MT4. With just a 10-second simple setup, you'll get a powerful tool for syncing trades between MetaTrader terminals on a single computer or Windows VPS with unprecedented speed. Whether you're managing multiple accounts, following signals, or scaling your strategy, X2 Copy MT4 adapts to your workflow with unparalleled precision and control. Work faster and more reliably with the most tech-drive
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5 (1)
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Copier->Convenient and fast interface interaction, users can use it right away   ->>>> Recommended to use on Windows computers or VPS Windows Basic functions: The normal interaction speed of copy trading is less than 0.5s Automatically detect signal sources and display a list of signal source accounts Automatically match symbols, 95% of commonly used trading symbols on different platforms (special cases such as different suffixes) are automatically matched, basically no manual settings are requ
Trade Dashboard MT4
Fatemeh Ameri
4.96 (54)
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Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
HurtLockerPro Risk Manager
Vladimir Kähri
Utilities
Risk manager Risk manager - it will simplify the tracking of drawdown and will notify you (alert) when the specified risk is reached, and close/lock orders when the critical DD risk level is reached. If the specified drawdown is exceeded, you can choose two options for actions: All orders will be closed that mean loss will be fixed on depo. The terminal also closes. Instead of fixing the loss on depo, the opposite order will be opened - orders locking will occure. Not a single order will be c
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Levi Dane Benjamin
4.09 (11)
Utilities
DaneTrades Trade Manager is a professional trade panel for MetaTrader 4, designed for fast, accurate execution with built‑in risk control. Place market or pending orders directly from the chart while the panel automatically calculates position size from your chosen risk, helping you stay consistent and avoid emotional decision‑making. The Trade Manager is built for manual traders who want structure: clear risk/reward planning, automation for repeatable management, and safeguards that help reduc
Fast Trade MT4
Alexey Valeev
4.8 (5)
Utilities
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
PZ Trade Pad Pro MT4
PZ TRADING SLU
3.67 (3)
Utilities
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] One of the k
Unlimited Trade Copier Pro
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4.43 (7)
Utilities
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
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