Trade Zone Planner

Plan your trades visually, right on the chart.

This indicator adds a clean risk/reward box to MetaTrader 5. Click, drag, and you get entry, stop loss and take profit levels with the R:R ratio calculated for you. It is a drawing tool only. It does not place, modify or close orders.

How to use

  1. Press ACTIVATE R:R.
  2. Click on the chart and drag. The box follows your mouse, and dragging sideways sets its width.
  3. Release the mouse. The box is created with your default R:R ratio.
  4. Drag the entry, target or stop line to adjust it. The R:R updates instantly.

Features

  • Click-and-drag drawing, with width set by the drag
  • Works for both long and short setups (drag up or down)
  • Automatic R:R calculation that updates as you move any level
  • Entry, target and stop prices shown directly on the chart
  • Several boxes on one chart, each managed independently
  • Move the whole box, resize it, or move individual levels
  • Labels and the delete button appear only when you hover over a box, so the chart stays clean
  • Boxes select automatically on hover
  • One-click delete (x) button on each box
  • HIDE R:R / SHOW R:R button to hide all boxes quickly
  • ESC cancels drawing
  • Boxes stay on the chart after you change timeframe or restart the terminal
  • Works on any symbol and timeframe
  • Adjustable colors, transparency and font sizes

Input parameters

  • ButtonCorner: chart corner for the buttons
  • ButtonX / ButtonY: button offset from the corner
  • ButtonWidth / ButtonHeight: button size
  • DefaultRR: R:R ratio applied to new boxes (default 2.0)
  • BoxWidthBars: default box width in bars, used when you don't drag sideways
  • ProfitColor: color of the target zone
  • StopColor: color of the stop zone
  • ZoneOpacity: strength of the zone fill, lower is fainter
  • LabelFontSize: font size of the target and stop labels
  • EntryLabelFontSize: font size of the entry and R:R label

Notes

  • Risk/reward boxes are a planning aid and do not guarantee any trading result.
  • For best clarity, keep the chart set to display candles in the foreground (the indicator does this automatically).

Check these before you submit:

  • Boxes after a restart: the "stay after a restart" line relies on the recovery code in the indicator. Test it once so the description is accurate.
  • Foreground setting: the last note matches what the code does, since it sets the chart foreground on load and restores it on removal.
  • Other languages: the form has Russian and Chinese boxes too. MQL5 staff can translate an English description for Russian, but I haven't checked that rule for the other languages.

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