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Trading box Rectangle extender MT5

5

Place price Alerts on extended Rectangles and Trendlines - Risk reward indicator mt5

Extend Rectangles & Trendlines to the right edge

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

Find detailed manuals hereFind 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. rectangle reader indicator


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. (rectangle indicator, rectangle zone)


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


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, Market Reversal Alerts, tradepanel, orderblock, support and resistance, true price action, trade copier, pipfinite, candle timer, pivot points


Reviews 1
ozcoz
256
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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Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefr
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If you trade Forex, having detailed information about the currency strength and currency pairs correlation can take your trading to new heights. The correlation will help to cut your risk in half, and strength analysis will help to maximize the profits. This indicator provides a hybrid approach for selecting the most appropriate currency pairs using the strength analysis and currency pairs correlation. How to use the Currency Strength Analysis Suppose your trading strategy provides a buying o
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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 alert -  Risk reward indicator mt4 Video tutorials and manuals   here .  Find contacts on my   profile . 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
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Place price Alerts on extended  Rectangles and Trendlines -  Risk reward indicator mt4 Extend Rectangles & Trendlines to the right edge 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 bu
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Display rectangles and trendlines list  from Trading box  Technical analysis tool. Objects are ordered in the list by   pip distance   that is difference between object price and Bid price. With this tool you will know which chart to look for next trading opportunity. No more switching between charts and searching for trades where price is close to rectangle zone or trendline support resistance level. Sorted Rectangles and Trendlines by pip distance -  If you are trading on multiple charts, the
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Rectangle position changer   tool is used for precise/accurate rectangle positioning by time or price only.   You can move each side of rectangle separately with lines created around selected rectangle. This tool will replace classical grid because it is like dynamical chart grid for rectangle grid. This tool allows you to adjust your rectangles, from all 4 sides, with ease and makes your technical analysis that much faster. This tool is handy when corner points for changing rectangle position a
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Rectangle position changer  tool ( rectangle indicator) is used for precise/accurate rectangle positioning by time or price only. You can move each side of rectangle separately with lines created around selected rectangle. This tool will replace classical grid because it is like dynamical chart grid for rectangle grid. This tool allows you to adjust your rectangles, from all 4 sides, with ease and makes your technical analysis that much faster. This tool is handy when corner points for changi
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Display Order box list from  Trading box  Order Management tool. Find contacts and manual links on my   profile . This dashboard gives you an edge in forex trading because in few seconds you can decide which pair and timeframe is worth to watch more closely. This is how you will not be distracted by all other forex pairs that you trade, and you will not miss great opportunities to trade the best price. Trading Dashboard  (order box overview panel and Trading box Order management extension) Tr
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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 alert Video tutorials and manuals   here .  Find contacts on my   profile . FREE version works for CHFJPY and AUDCAD 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 tre
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This tool will remove buttons and text labels from the chart, after you remove Trading box Order management or Trading box Technical analysis . You just need to drag this tool to your chart and after cleanup of objects is finished, the tool will remove itself from the chart. Please check images below that present Before and After using the Removal tool. There is also a short YouTube video at the bottom to show how easy it is to clean your chart after using Trading box tools. - input var
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This tool will remove buttons and text labels from the chart, after you remove Trading box Order management or Trading box Technical analysis. You just need to drag this tool to your chart and after cleanup of objects is finished, the tool will remove itself from the chart. Please check images below that present Before and After using the Removal tool. There is also a short YouTube video at the bottom to show how easy it is to clean your chart after using Trading box tools. - input variable "
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ozcoz
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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
28476
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 6.8 2022.08.12
- new version
Version 6.7 2022.08.01
- recompile with new Metatrader version
Version 6.6 2022.05.29
- bug fix for new MetaTrader 5 rectangles (4 corners anchor points)
Version 6.5 2022.05.09
- performance upgrade
Version 6.4 2022.05.04
- bug fix and recompile code for MT5 update

Please check our YouTube channel to learn trading tips and tricks: https://www.youtube.com/Tradingbox
Version 6.3 2022.04.09
- recompile for new MT5 build
Version 6.2 2021.12.23
- compliance upgrade for the NEW tool "Rectangle position changer"

Download: https://www.mql5.com/en/market/product/75866

VIDEO: https://www.youtube.com/watch?v=IYW1dgOWwRg
Version 6.1 2021.11.27
- CPU usage reduced that will allow more charts with TBTA in MetaTrader terminal
Version 6.0 2021.11.16
- bug fix for non extended rectangle Risk Reward tool
- CPU performance improvement when using TBRE on multiple charts
Version 5.9 2021.11.01
- risk reward tool for non-extended rectangles
- adding more texts positions (object names) to rectangle and trendline. With button "X" you remove current text
Version 5.7 2021.09.05
- button display bug fix when objects TF visibility is set only to D1, W1 or MN
Version 5.6 2021.08.28
- button 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
- 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