• Overview
  • Reviews (3)
  • Comments (11)
  • What's new

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


Reviews 3
Dura Radisic
440
Dura Radisic 2023.06.10 09:33 
 

Masterpiece, very useful !

I use this tool for ICT mark ups, FVG's, NWOG and liquidity areas on higher TF's to see where I'm at on the lower TF.

Straight trendlines every time on MT what a relief!

Exactly what was needed without having to go with tradingview.

Ngeci1615
69
Ngeci1615 2023.03.02 00:50 
 

An amazing indicator l have been using it for the last few months and it really helps me a lot, only that sometimes l miss notifications when l am doing other things because the notification sound only goes once perhaps you can consider the notification sound to go on longer or have an option to choose the length of the notification like the notification can go on for 5 secs or 10 secs or 30sec or even 1 minute, so one can choose what they prefare. otherwise overall very useful indicator

ozcoz
280
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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Siarhei Vashchylka
5 (4)
Fractal Advanced - displays Fractal and Alligator indicators on the price chart. Has wide options for settings and customization. It is also equipped with alerts and a hotkey system. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. The indicator does not fill the entire chart with fractals, but allows you to display only relevant signals. 2. The number of fractals is adjusted by scrolling the mouse while holding down the Shift key. 3. Instantly show/hide the Alligator
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-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt5 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator mt5 Video tutorials, manuals, DEMO download   here .   Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types  - Set and forget trading w
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
Summer 50% discount ($199 -> $99) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget tra
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
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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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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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, then th
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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
FREE
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)
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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
FREE
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 "
FREE
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Dura Radisic
440
Dura Radisic 2023.06.10 09:33 
 

Masterpiece, very useful !

I use this tool for ICT mark ups, FVG's, NWOG and liquidity areas on higher TF's to see where I'm at on the lower TF.

Straight trendlines every time on MT what a relief!

Exactly what was needed without having to go with tradingview.

Ngeci1615
69
Ngeci1615 2023.03.02 00:50 
 

An amazing indicator l have been using it for the last few months and it really helps me a lot, only that sometimes l miss notifications when l am doing other things because the notification sound only goes once perhaps you can consider the notification sound to go on longer or have an option to choose the length of the notification like the notification can go on for 5 secs or 10 secs or 30sec or even 1 minute, so one can choose what they prefare. otherwise overall very useful indicator

ozcoz
280
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.

Reply to review
Version 8.1 2024.04.01
>> button position fixed for Horizontal line buttons display
Version 8.0 2024.03.22
- object name change bug fix
Version 7.9 2024.03.16
- reported bug fix
Version 7.8 2024.03.12
- bug fix: text objects deleted on object property change
Version 7.7 2024.02.17
- upgrade
Version 7.6 2024.01.13
- NEW input variables:
Resistance trendline color - Above Bid
Support trendline color - Below Bid

TBOM promotional video from trader Kevin Cortese: https://www.youtube.com/watch?v=gUR_juP7n5k
Version 7.5 2023.08.10
- performance upgrade
Watch our latest video about Fair Value Gap indicator: https://www.youtube.com/watch?v=pBRXTKNIMAk
Version 7.4 2023.02.08
- NEW input "Button text color"
Version 7.3 2022.12.26
- new input variable "Engulf alert un-fill rectangle"
Version 7.2 2022.11.20
- rectangle and trendline alert buttons visible within chart when scrolling left
Version 7.0 2022.11.06
- performance upgrade that will lower CPU usage on MetaTrader terminal
Version 6.9 2022.09.17
- new input variable "Extended object text position" with options (Right, Left)
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