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  • Reviews (16)
  • Comments (25)
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Trading box Rectangle extender

Place price Alerts on Rectangles and Trendlines

Extend Rectangles & Trendlines

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

Find detailed manuals here. Find contacts on my profile.

MT4 Rectangle extender indicator will simplify and make it easier for you to analyze markets and stay notified about important events. 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 touch or break (engulf) rectangle or trendline.


Smart Rectangle Extender or Zone Extender

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


Price Alert and Engulf Alert

Price Alert and Engulf detection in Rectangle extender are supported with MT4 mobile push notifications and email alert. Phone alert or smartphone alert for price level alert  Trendline alert and line alert


Flat trendline

Button that will change trendline to 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 between extended rectangle and horizontal RR line. You can select and move horizontal RR line to get your risk reward calculation information


Pip distance in brackets

It calculates pip difference between Bid and object price and display it at the right side of extended object


Timeframe colors for extended rectangle and trendline (multi timeframe analysis support)

User can define different colors for timeframe groups (separately for rectangles or trendlines):

Color 1: M1, M5, M15

Color 2: M30, H1, H4

Color 3: D1, W1, MN


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 property Description
Bring Alerted chart to the top True or false
Show pip distance in brackets True or false
Show object prices Show or hide prices on the right side of rectangle or trendline
Show buttons Show or hide buttons on the right side of selected rectangle or trendline
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 Default color for rectangles that are extended above bid price
Demand rectangle color Default color for rectangles that are extended below bid price
Extended trendline color We can set default color of extended trendline
Extended trendline style We can set default line style 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
Use timeframe colors for extended rectangle True or false
Use timeframe colors for extended trendline True or false


TRADING BOX group chat and channel.


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, FX Trend, FX Power, Entry Points Pro, FX Volume, Advanced Supply Demand, pip counter, breakout alert

Reviews 16
Frank Langrehr
266
Frank Langrehr 2021.06.20 18:12 
 

must have for every trader to draw your zones and lines, now with the bring chart to front Alert, very helpful, support at the best, I had issue and igor help me a lot, best purchase I ever made here on the market

Fadi88888
128
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.

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MIDAS (an acronym for Market Interpretation/Data Analysis System) is an approach to technical analysis initiated in 1995 by the physicist and technical analyst Paul Levine, PhD. Development of the original idea was then continued by Andrew Coles, PhD, and David Hawkins. The result of their work was the book "Technical Analysis MIDAS: VWAP Approach to Trade and Investment in Today's Markets". The MIDAS approach to trading helps to reduce what appears to be market chaos in Forex, stock charts and
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Markov Chains MTF Indicator
Markov Chains MTF Indicator
Mustafa Doruk Basar
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
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Range Exhaustion
Range Exhaustion
Robert Gerald Wood
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
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Jcounter
Jcounter
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Hello! I'm Tatsuron, a Japanese retail investor. We manage over 1 billion yen in Forex. So, let me introduce a very useful indicator that I use. Counter trade type indicator. Jcounter can capture the timing of the trend collapse phase. There are signs of a trend collapse. It is the world standard to confirm the sign with LSMA adopted by Jcounter. The numerical setting of LSMA is very important, but after many years of verification, the numerical value was identified and complete
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The xBrat Algo
The xBrat Algo
Paul Bratby
Think of an Experienced Traders’ Brain as a blueprint for a trading algorithm. Then the desire to keep charts as clutter free as possible. What you see below is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these! • 9 Decision Points before Paul considers grading the trade a 3* trade • Then another special Decision Point will make it a 4* trade • Another for 5* trade • And Finally, a total of 12 Decision Points being correct before
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Exponential Momentum
Exponential Momentum
Yaser Sabbaghi
Advanced and affordable momentum indicator that fade the fake move of market. It is smoothed because of special sophisticated exponential averaging calculation. It is also similar to special type of CCI with more tolerance to overbought or oversold conditions with built-in momentum indication. This indicator is able to empower your trading as a trend detector, CCI and market momentum scale measurement. Features Smoothed to filter uncomfortable noises. Non-Lagging Exponential averaging. Line or
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Square of 9 for all
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Francesco Rubeo
Welcome all to the famous Gann's "Square Of 9"!! This method was used by one of the best traders in the history, a person who made his way among the top traders. An "Holy Grail" for whoever wants to learn trading. The "Square of 9" was used by this genius to find the market's future supports and future resistances. Nowadays is possible to find them with just a click, thanks to softwares. At the time Gann was using just his set of square and goniometer!! Gann describes, partially, the tecnique on
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RSI Basket Currency Strenght
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Dario Pedruzzi
The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the ind
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Pairs Arbitrage Correlation
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Vladimir Tkach
The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
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Pinbar Scanner With Trend Filter
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Igor Zizek
Save time placing orders and automate entry under your conditions.  Managing open trade with TBOM is easy Video tutorials and manuals   here .   Find contacts on my   profile .   FREE Order box Dashboard  tool  here FREE version works for CHFJPY and AUDCAD Order box is rectangle which defines market order with entry and stop loss price (virtual market order). When price touch enabled Order box, then the orders are opened. Trader can place or delete Order box when market is opened or closed
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Filter:
Frank Langrehr
266
Frank Langrehr 2021.06.20 18:12 
 

must have for every trader to draw your zones and lines, now with the bring chart to front Alert, very helpful, support at the best, I had issue and igor help me a lot, best purchase I ever made here on the market

Fadi88888
128
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

exzell
104
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

bertotorde
131
bertotorde 2021.02.03 17:30 
 

Perfect. Great tool.

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

[Deleted] 2020.06.13 09:11 
 

User didn't leave any comment to the rating

BEN
66
BEN 2020.06.10 22:46 
 

User didn't leave any comment to the rating

raiinzen
707
raiinzen 2020.06.07 15:07 
 

User didn't leave any comment to the rating

[Deleted] 2020.05.30 10:46 
 

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87trader
25
87trader 2020.05.26 19:23 
 

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SOMENDRA
14
SOMENDRA 2020.05.24 17:32 
 

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Mamboki
119
Mamboki 2020.05.21 12:04 
 

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Reply to review
Version 5.6 2021.08.28
- speed and performance upgrade
Version 5.5 2021.08.01
- improved performance between Trading box tools (Order management, Technical analysis, Rectangle extender, Order box Dashboard)
Version 5.4 2021.08.01
- extended rectangle and trendline buttons display correction for high resolution displays
Version 5.3 2021.07.31
- bug fix for chart clean up after indicator is removed
Version 5.2 2021.07.25
- optimized refresh rate for pip distance display in brackets (price difference between Bid and object price)
Version 5.1 2021.07.22
- removed input variable "Set larger button text"
- NEW input variable "Button font size"
- NEW input variable "Button size scale"
Version 5.0 2021.07.20
- NEW input variable "Show pip distance in brackets"

NEW input variable "Use timeframe colors for extended rectangle"
- Rectangle color for M1, M5, M15
- Rectangle color for M30, H1, H4
- Rectangle color for D1, W1, MN

NEW input variable "Use timeframe colors for extended trendline"
- Trendline color for M1, M5, M15
- Trendline color for M30, H1, H4
- Trendline color for D1, W1, MN

- button click lagging solved
Version 4.9 2021.07.17
- bug fix when Trading box Order management and Rectangle extender are used on the same chart
Version 4.8 2021.07.06
- NEW input variable "Set larger button text" that will create a little bigger buttons and font size +2
Version 4.7 2021.06.20
- NEW input variable "Bring Alerted chart to the top"

- NEW input variable "Extend new created rectangle"
- NEW input variable "Extend new created trendline"
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