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Trading box Rectangle extender

5

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 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


Reviews 19
prequest01
609
prequest01 2022.12.27 14:28 
 

Excellent tool, very versatile and powerful for your TA. The author is very responsive and takes personal feedback to quickly implement. A must have indicator in your trading arsenal.

Gaved
229
Gaved 2022.02.01 20:45 
 

Great work. Recommended.

Lungisa Gina
38
Lungisa Gina 2021.12.22 11:43 
 

I trade Support & Resistance Zones and this tool is a game-changer for me.

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prequest01
609
prequest01 2022.12.27 14:28 
 

Excellent tool, very versatile and powerful for your TA. The author is very responsive and takes personal feedback to quickly implement. A must have indicator in your trading arsenal.

Gaved
229
Gaved 2022.02.01 20:45 
 

Great work. Recommended.

Lungisa Gina
38
Lungisa Gina 2021.12.22 11:43 
 

I trade Support & Resistance Zones and this tool is a game-changer for me.

Frank Langrehr
311
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
232
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
30
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
169
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
141
bertotorde 2021.02.03 17:30 
 

Perfect. Great tool.

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 
 

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BEN
96
BEN 2020.06.10 22:46 
 

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raiinzen
727
raiinzen 2020.06.07 15:07 
 

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teodosy87
293
teodosy87 2020.05.26 20:40 
 

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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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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
- update
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 7.1 2022.11.07
- bug fixed after renaming object
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 6.5 2022.05.09
- performance upgrade
Version 6.4 2022.05.04
- bug fix and recompile code for MT4 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 MT4 build
Version 6.2 2021.12.23
- compliance upgrade for the NEW tool "Rectangle position changer"

Download: https://www.mql5.com/en/market/product/75865

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 5.6 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