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  • Reviews (1)
  • Comments (3)
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Trading box Rectangle extender MT5

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
Use extended rectangle color This function will automatically change rectangle color if it will be above or below bid price
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
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
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 is very useful. It works nicely with Forex Trade Manager, Trade Assistant, naked forex, Easy Trade Manager, Draw Horizontal Ray, Smart Ruler, Order Block Breaker, Quick Order Tool


Reviews 1
ozcoz
805
ozcoz 2021.03.02 00:44 
 

Excellent indicator. I don't like horizontal lines in MT5 because you can't see the start point, flat trendlines are nearly impossible to draw, so this indicator solves that with a simple click. The zone extender ensures that I have a tidy chart with zones extended a little beyond current price, a huge time saver for me. I made a comment for improvement and the change was implemented immediately, thanks for your work.

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PipTick Supply Demand is the best indicator we have ever made. This great tool automatically draws a supply and demand zones which are the best places for opening and closing the positions. It has many advanced features such as multi timeframe zones support, displaying width of zones, alert notifications for retouched zones and much more. Because of principle of market fractality, this indicator can be used for any kind of trading. It does not matter whether you are positional, swing or intraday
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Better Volume MT5
Better Volume MT5
Illia Zhavarankau
Description: The indicator of tick volumes Better Volume MT5 allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volume MT5 the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: MAPeriod - period for calculating the moving average
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PipFinite Exit EDGE MT5
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Karlo Wilson Vendiola
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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AguiaTraders F12 PRO
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Renato Fiche Junior
This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! This is a product developed by Renato Fiche Junior and available to all MetaTrader 5 users! Partners: "Águia Traders"  team ( Eagle Tr
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Harmonic ABCD Universal MT5
Harmonic ABCD Universal MT5
Mihail Matkovskij
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PipFinite Breakout EDGE MT5
PipFinite Breakout EDGE MT5
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
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Trading Chaos Chart
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Gennadiy Stanilevych
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Waves PRO
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Flavio Jarabeck
For those who appreciate Richard Wyckoff approach for reading the markets, we at Minions Labs designed a tool derived - yes, derived, we put our own vision and sauce into this indicator - which we called Waves PRO . This indicator provides a ZigZag controlled by the market volatility (ATR) to build its legs, AND on each ZigZag leg, we present the vital data statistics about it. Simple and objective. This indicator is also derived from the great book called " The Secret Science of Price and Volum
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Blahtech Market Profile MT5
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Blahtech Limited
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Sideways Market Statistical Analyzer MT5
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Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the presence of Sideways Market can help you
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Igor Zizek
Everything for chart Technical Analysis in one tool Quick tip: Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email ***Find detailed manuals here . Manuals website  HERE . Try DEMO here . 1.   Extend rectangle and trendline into future -  Trend Support Resistance Object will be extended into future when price will draw new candlesticks on chart. This is rectangle extender or trendline extender 2. Price alert with mobile push n
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Igor Zizek
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 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 actio
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Everything for chart Technical Analysis in one tool Quick tip: Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email ***Find detailed manuals   here . Manuals website  HERE 1.   Extend rectangle and trendline into future -  Trend Support Resistance Object will be extended into future when price will draw new candlesticks on chart. This is rectangle extender or trendline extender 2. Price alert with mobile push notification phon
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ozcoz
805
ozcoz 2021.03.02 00:44 
 

Excellent indicator. I don't like horizontal lines in MT5 because you can't see the start point, flat trendlines are nearly impossible to draw, so this indicator solves that with a simple click. The zone extender ensures that I have a tidy chart with zones extended a little beyond current price, a huge time saver for me. I made a comment for improvement and the change was implemented immediately, thanks for your work.

Igor Zizek
6173
Reply from developer Igor Zizek 2021.03.02 06:03
Thank you very much for yor review!
I am very happy to see that Trading box Rectangle extender tool also help other traders and saves time when doing technical analysis.
Br, Igor
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
- minor bug fix
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
- No text enabled by default
Version 4.1 2021.02.17
- Alert and Engulf button color refresh after alert is triggered