Drawing Tool with Crosshair and Scale Enforcement
- Indicators
- Version: 1.0
A modern drawing toolbar for MetaTrader 5: draw lines, Fibonacci, shapes, positions and more with one click, snap to candles with a smart magnet crosshair, and keep your price scale draggable - all in one clean, easy-to-use indicator.
Drawing on MetaTrader 5 charts can feel slow and clumsy. This indicator gives you a smooth, modern drawing experience: one tidy toolbar, simple clicks, and everything you need for chart analysis in a single tool.
Just attach it to a chart, pick a tool from the toolbar and click on the chart. That's it.
WHAT YOU GET
1. A clean drawing toolbar
- Sits at the edge of your chart (bottom-left by default) with a sleek glass look.
- Tools are grouped into simple dropdowns, so the toolbar stays small.
- Choose its position, size, orientation and which buttons to show.
- Click the small tab to slide it away when you want a clear chart.
2. All the drawing tools you need
- Lines: Trend line, Ray, Horizontal line, Horizontal ray, Vertical line, Parallel channel
- Fibonacci retracement with editable levels, colours and options
- Rectangle with fill, border and transparency
- Brush (freehand drawing) and Arrows (arrow line, arrow marker, up/down marks)
- Long and Short position tool with target, stop and risk/reward
- Date & price range (measure distance, %, bars, time and volume)
- Anchored VWAP (updates live with every tick)
- Text notes, plus text labels on any line or box
3. Easy editing
- Click any drawing to select it, click empty space to deselect.
- Drag the drawing to move it, drag the round handles to reshape it.
- A small style bar appears above the chart for the selected drawing: colour, thickness, line type, opacity and more.
- Lock a drawing so it can't be moved by accident.
- New drawings remember the style you used last.
- One click on "Reset to default style" brings a drawing back to its original look.
4. Smart crosshair with magnet
- A clear crosshair with a price tag follows your mouse.
- Magnet mode snaps to the open, high, low or close of candles, and to your own drawings - perfect for precise entries and levels.
- The crosshair colour adapts to your chart theme automatically.
5. Price scale that stays under your control (Scale Enforcement)
- MetaTrader 5 resets the price scale every time you change symbol or timeframe, which stops you dragging it up and down.
- This indicator keeps the scale free to drag and fits it nicely to your candles.
- A small "Reset view" button jumps back to the latest candle and refits the chart in one click.
6. Settings made simple
- Everything is changed from a friendly settings window (the gear button) - no need to dig through inputs.
- Light, Dark or Auto theme to match your chart.
- Your settings are remembered and are shared by all your charts: change something on one chart and every other chart updates automatically.
WHY TRADERS LIKE IT
- Fast and smooth, even with many drawings on the chart.
- Easy for beginners, powerful enough for experienced traders.
- Everything in one indicator: drawing tools, crosshair and price-scale fix.
- No keyboard shortcuts to learn - just click. (Delete removes the selected drawing, Esc cancels.)
HOW TO START
1. Attach the indicator to any chart.
2. Pick a tool from the toolbar at the bottom-left of the chart.
3. Click on the chart to place your drawing.
4. Click a drawing anytime to edit, move, restyle, lock or delete it.
5. Open the gear button to adjust the toolbar, crosshair and Reset view to your liking.
NOTES
- Works on all symbols and timeframes.
- Drawings stay on the chart when you change timeframe.
- Removing the indicator gives MetaTrader 5 its normal auto scale back.
- Run one copy of the indicator per chart.
