• Overview
  • Reviews (15)
  • Comments (25)
  • What's new

Trading box Rectangle extender

Place price Alerts on Rectangles and Trendlines

Extend Rectangles and place Alerts 

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

***Find detailed manuals here. Manuals website HERE. Try DEMO here.

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 or Zone Extender

Rectangles and Trendlines will be extended into future with one click. Rectangle size, name and prices will be displayed around rectangle. You can also click on FLAT button to get horizontal flat trendline


  • 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. Phone alert or smartphone alert for price level alert


  • Flat trendline

Button that will create horizontal flat trendline


  • Show object name

"Text" button that gives options to display rectangle or trendline text in all possible spots around or inside object. This works for non-extended rectangles and trendlines where we would like to have object name displayed in suitable place around or inside object


  • 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


  • 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


  • 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


Input property Description
Send mobile push notification   
Send email alert  
Show popup alert  
Extend if auto scroll is OFF  
Show object 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
Supply rectangle color If variable use_extended_rectangle_colors is set to true, then rectangle above bid price will be that color
Demand rectangle color If variable use_extended_rectangle_colors is set to true, then rectangle below bid price will be that color
Extended trendline color We can set default color of extended trendline
Extended trendline style We can set default line stlye of extended trendline
Risk Reward text alignment We can display Risk Reward ratio calculation on left or right side of chart
Selected object buttons position Vertical or Horizontal
Rectangle pip size position Left, Right, Top or Bottom


Before using Trading box tools please read Risk Disclosure here

This tool have functions like risk reward ratio calculation, custom text Alert, line price alert, pip counter, pip indicator, risk reward tool. This extended rectangle can be used like color level or color levels advanced rectangle tool. It can be used as order block rectangle alert. Many traders use it as consolidation box for breakout alert or break alert. Trend alert and Line alert. It works with Forex Trade Manager, Trade Assistant, naked forex, Easy Trade Manager, Draw Horizontal Ray, Smart Ruler, Order Block Breaker, Quick Order Tool

Reviews 15
Fadi88888
69
Fadi88888 2021.05.02 12:34 
 

Very useful tool... I can highly recommend to buy and use it . Also the developer very helpful

ShockMarkets
25
ShockMarkets 2021.04.25 06:40 
 

Combining the 'FLAT' trendline function with the alert line is what superior functionality is all about. I've been wanting that one simple thing, on MT4, for many years. Along with the alert boxes this is shaping up to be a very handy tool. Nice work Igor.

AkiraHank
19
AkiraHank 2021.04.13 05:43 
 

I bought . When I draw a rectangle and set an alert, Engulf..., the description appears on the rectangle. How to not show description, thanks

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Igor Zizek
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Filter:
Fadi88888
69
Fadi88888 2021.05.02 12:34 
 

Very useful tool... I can highly recommend to buy and use it . Also the developer very helpful

Igor Zizek
6173
Reply from developer Igor Zizek 2021.05.03 19:41
Thank you for your review!
ShockMarkets
25
ShockMarkets 2021.04.25 06:40 
 

Combining the 'FLAT' trendline function with the alert line is what superior functionality is all about. I've been wanting that one simple thing, on MT4, for many years. Along with the alert boxes this is shaping up to be a very handy tool. Nice work Igor.

Igor Zizek
6173
Reply from developer Igor Zizek 2021.04.25 07:18
Thank you for review!
AkiraHank
19
AkiraHank 2021.04.13 05:43 
 

I bought . When I draw a rectangle and set an alert, Engulf..., the description appears on the rectangle. How to not show description, thanks

Igor Zizek
6173
Reply from developer Igor Zizek 2021.04.13 07:49
Hi Akira, you can hide rectangle description if you want. Right click on chart and select "Properties". Go to tab "Common" and at the right low you will see checkbox "Show object descriptions". Please uncheck this option.
I will also send you picture in personal message.
exzell
99
exzell 2021.04.03 12:59 
 

This tool is super amazing, been super impressed with it from day one and is firmly part of my analysis toolkit, I asked the developer to add thickness to the trendline and less than a week it was done, what a guy, awesome service - what more can I say, its just brilliant

Igor Zizek
6173
Reply from developer Igor Zizek 2021.04.03 13:47
Thank you for review and great idea for improving the tool!
bertotorde
126
bertotorde 2021.02.03 17:30 
 

Perfect. Great tool.

Igor Zizek
6173
Reply from developer Igor Zizek 2021.02.03 18:04
Thank you for your review!
teodosy87
253
teodosy87 2020.05.26 20:40 
 

User didn't leave any comment to the rating

JimMac64
46
JimMac64 2020.09.06 20:00 
 

I purchased the Rectangle Extender and Igor (Developer) could not have been more helpful - What a guy! The indicator works perfectly and I am very impressed with both. I recommend this indicator. Thanks - Jim

Igor Zizek
6173
Reply from developer Igor Zizek 2020.11.05 11:25
Thank you Jim!
[Deleted] 2020.06.13 09:11 
 

User didn't leave any comment to the rating

BEN
37
BEN 2020.06.10 22:46 
 

User didn't leave any comment to the rating

raiinzen
667
raiinzen 2020.06.07 15:07 
 

User didn't leave any comment to the rating

[Deleted] 2020.05.30 10:46 
 

User didn't leave any comment to the rating

87trader
25
87trader 2020.05.26 19:23 
 

User didn't leave any comment to the rating

SOMENDRA
14
SOMENDRA 2020.05.24 17:32 
 

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[Deleted] 2020.05.21 18:06 
 

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Mamboki
119
Mamboki 2020.05.21 12:04 
 

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Reply to review
Version 4.6 2021.05.25
- bug fix for button display
Version 4.5 2021.05.01
- NEW "Text" button that gives options to display rectangle or trendline text in all possible spots around or inside object. This works for non-extended rectangles and trendlines where we would like to have object name displayed in suitable place around or inside object. This is custom show object name function.

- Safety check warning for too many objects on chart (performance issues) + warning for incompatible indicators
Version 4.4 2021.04.03
Added new input variables:
- Extended trendline width
- Flat trendline width
Version 4.3 2021.03.27
- better sync with Trading box Order management v3.0 objects
Version 4.2 2021.03.01
New input variables added and used when you extend rectangle or trendline:
- Alert enabled by default
- Engulf enabled by default
- Close enabled by default
- No text enabled by default
Version 4.1 2021.02.17
- Alert and Engulf button color refresh after alert is triggered
Version 4.0 2021.02.15
- bug fix and also code sync for MT5 version
Version 3.9 2021.02.04
- bug fix for full zoom chart label positions
Version 3.8 2021.02.01
- input variables description added

- new input variables:
- Selected object buttons position
- Rectangle pip size position
Version 3.7 2021.01.16
- switching between timeframes bug solved
Version 3.6 2021.01.01
Important MAJOR performance upgrade and bug fix:
- CPU load problems solved (better chart and object refresh logic)
- Ignoring Trading box Order management objects
- All user bug reports solved
- Works better with other indicators
- Added e-mail alert option
- Added 3 new variables to manage alerts and notifications (send_mobile_push_notification, send_email_alert, show_popup_alert)
- Optimized chart refresh rate that will reduce CPU load from 30% up to 400%

Please also check our product Technical analysis which is advanced version of Rectangle extender.

*** I wish you all best in 2021 and happy trading ***
Version 3.5 2020.11.06
- minor bug fix when use >> button on rectangle
Version 3.4 2020.11.02
- another bug solved when clicking << button
Version 3.3 2020.11.02
- bug fix for << button and when rename trendline
Version 3.2 2020.10.30
- added new input variable extend_if_auto_scroll_off that will give you option to have fixed extended object size if you have auto scroll option diabled
Version 3.1 2020.10.29
- minor bug fixed when Auto scroll is OFF. Objects are extended to the right side of the chart
Version 3.0 2020.10.04
- minor bug fix for alert arrows timeframe visibility
Version 2.9 2020.09.30
MAJOR upgrade
- new Flat button for trendline (create horizontal flat trendline)
- new Close button for rectangle, trendline and ray (alert when current candle closes beyond object price)
- when you click on extended rectangle it shows you text Demand or Supply type of rectangle
- if you extend rectangle around price then you have option to decide if this rectangle is supply or demand
Version 2.8 2020.09.07
- minor preformance upgrades
Version 2.7 2020.08.08
- Button fix for Demand rectangle extender
Version 2.6 2020.08.04
- Rectangle and trendline function buttons are now aligned on right side of charts, so they not overlay with other trendlines and rectangles
- button positions corrections
Version 2.5 2020.07.28
-minor bug for Risk Reward calculation
Version 2.4 2020.07.13
- bug fix for trendline extension
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