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Trading box Rectangle extender

Trading box Rectangle extender

Manuals: http://www.mt4tradingbox.com/mt4-rectangle-extender/


Extend Rectangles and place Alerts

Mark your supply demand zones with extended rectangle and draw support resistance lines with extended trendline.

MT4 Rectangle extender indicator will simplify and make it easier for you to analyze markets and stay notified about important events. Rectangles and trendlines can be extended into future. When you extend rectangle or trendline the action buttons will be shown (Alert, Engulf, Risk Reward). You will receive alert and mobile push notification when price comes into rectangle or when engulf happens.


Smart Rectangle Extender

Rectangles and Trendlines will be extended into future with one click. Rectangle size, name and prices will be displayed around rectangle.


Risk Reward Ratio Calculation

Trader can use risk reward calculation to decide if trade is profitable enough. You can manually drag horizontal line and risk reward with pip count will be displayed as text on horizontal line.


Price Alert and Engulf Alert

Price Alert and Engulf detection in Rectangle extender are supported with MT4 mobile push notifications. Stay notified about market events.


Indicator customization

Trader can customize MT4 rectangle extender indicator with input properties. You can change colors, font size, element display position and some other features.


Risk reward ratio calculation

You can enable Risk Reward (RR) calculation with click on button Buy RR or Sell RR. Horizontal line will be displayed, and it will show Risk Reward ratio and pip distance betwen extended rectangle and horizontal line. You can select and move horizontal line to get your risk reward calculation information. You can hide Risk Reward line with click on button.


Input properties

Trading box Rectangle extender can be configured and customized with help of Input properties. You can find explanation for each input parameter below.


show_prices - Show or hide prices on the right side of rectangle or trendline. If you set to false, then prices will not be shown.

show_buttons - Show or hide buttons on the right side of selected rectangle or trendline. If you set to false, then buttons will not be shown.

show_rectangle_pip_size - Show or hide rectangle pip size.

fill_extended_rectangle -When you extend rectangle, it will be filled with background color if variable is set to true.

use_extended_rectangle_colors - This function will automatically change rectangle color if it will be above or below bid price.

rectangle_color_above_price - If variable use_extended_rectangle_colors is set to true, then rectangle above bid price will be that color.

rectangle_color_below_price - If variable use_extended_rectangle_colors is set to true, then rectangle below bid price will be that color.

extend_trendlines - We can disable trendline extender function if we set variable to false.

extended_trendline_color - We can set default color of extended trendline.

extended_trendline_style - We can set default line stlye of extended trendline.

RR_text_alignment - We can display Risk Reward ratio calculation on left or right side of chart.

font_size - We can set text font size.

font_color - We can set text font color.




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francosfx123
44
francosfx123 2020.06.13 09:11 
 

great por placing alerts and supply demand technical analysis

BEN
17
BEN 2020.06.10 22:46 
 

User didn't leave any comment to the rating

raiinzen
512
raiinzen 2020.06.07 15:07 
 

So I am typically more of a trend trader. I follow the trends on higher tfs and lower tfs to catch my moves, but I'm always curious to try new indicators, and I don't mind being able to add some supply/demand zones on my charts because it is helpful to spot them. But here's what makes this unique - how easy it is to get alerts! Most S/R S/D indicators do not make getting alerts easy. Igor has great coding skill, so he made an indicator that makes it super easy to get alerted! I'm looking forward to seeing what else he comes out with!

genusTraderFX
56
genusTraderFX 2020.05.30 10:46 
 

i just cant belive that you creaed such an amazing and excelent tool for FREE!!!

this is MUST TO HAVE tool for supply demand trading or some other level trading type of strategy

teodosy87
243
teodosy87 2020.05.26 20:40   

what an amazing tool! Perfect tool for anyone using supply and demand for his/hers trading :) i have never seen such a good tool .. :) great job!

87trader
23
87trader 2020.05.26 19:23   

good tools !Can we add the position risk calculation function?

quizo
45
quizo 2020.05.24 21:42 
 

drawing ordinary box and with one klik away you have a RR calculation for that zone :) awesome! thank you for sharing this tool for free

SOMENDRA
14
SOMENDRA 2020.05.24 17:32 
 

An essential tool for any Price Action trader can expect........its versatility with dynamic nature will make it a "must" among trading community

gtoFXsniper
34
gtoFXsniper 2020.05.21 18:06 
 

TNX man for sharing this tool for free! My trading life will be easier now!

Mamboki
123
Mamboki 2020.05.21 12:04 
 

Another great product from Trading box. Everything Works like promised in manuals and YouTube video.

I absolutely like alerts that comes directly to my mobile phone as push notification. This is just excellent work done!

Thank you for sharing this rectangle extender for FREE!!!

Version 2.3 2020.07.10
- aditional bug fix for rectangle colors
Version 2.2 2020.07.10
- rectangle name and action buttons are now fixed depends on supply or demand rectangle position
Version 2.1 2020.07.02
- bug fix for hiding buttons after new created object
Version 2.0 2020.06.21
- MAJOR UPGRADE: When you click on button Alert or Engulf, the creation time is saved. When you open MT4 the Alert and Engulf will be checked if price was hit your alert level when your MT4 was closed.
We reccomand that alerts need to be placed again in new version, becouse data protocol has been changed/upgraded.
Version 1.9 2020.06.21
- MAJOR UPGRADE: When you click on button Alert or Engulf, the creation time is saved. When you open MT4 the Alert and Engulf will be checked if price was hit your alert level when your MT4 was closed.
We reccomand that alerts need to be placed again in new version, becouse data protocol has been changed/upgraded.
Version 1.8 2020.06.13
- bug fix when selecting Order box from tool Trading box Order Management
Version 1.7 2020.06.10
- bug fix
Version 1.6 2020.06.09
- bug fixed with anoying alert when deselecting object (my bad while developing code)
Version 1.5 2020.06.05
- when deselecting object, buttons disapear more quickly
Version 1.4 2020.06.04
- bug fix for extending rectangle and trendline on lower timeframes with no chart history
Version 1.3 2020.06.03
- added new input variable show_rectangle_pip_size
Version 1.2 2020.06.02
- buttons for retina display
- bug fixes reported by users
Version 1.1 2020.05.26
- program bug fixed becouse in some MT4 program hangs and stop MT4 application