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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


Comentarios 4
Bafana Tshabalala
42
Bafana Tshabalala 2024.12.20 23:04 
 

Useful indicator and great work, may you kindly add options for diagonal trend line, instead of flat options add angle eg. 45 degrees and notifications. Thank you. I will glad if you can add notification for diagonal Trendline. Thanks

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
74
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

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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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Filtro:
Bafana Tshabalala
42
Bafana Tshabalala 2024.12.20 23:04 
 

Useful indicator and great work, may you kindly add options for diagonal trend line, instead of flat options add angle eg. 45 degrees and notifications. Thank you. I will glad if you can add notification for diagonal Trendline. Thanks

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
74
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.

Respuesta al comentario
Versión 8.3 2024.09.30
- recompile with new Metatrader client
Versión 8.2 2024.08.24
- bug fix
Versión 8.1 2024.04.01
>> button position fixed for Horizontal line buttons display
Versión 8.0 2024.03.22
- object name change bug fix
Versión 7.9 2024.03.16
- reported bug fix
Versión 7.8 2024.03.12
- bug fix: text objects deleted on object property change
Versión 7.7 2024.02.17
- upgrade
Versión 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
Versión 7.5 2023.08.10
- performance upgrade
Watch our latest video about Fair Value Gap indicator: https://www.youtube.com/watch?v=pBRXTKNIMAk
Versión 7.4 2023.02.08
- NEW input "Button text color"
Versión 7.3 2022.12.26
- new input variable "Engulf alert un-fill rectangle"
Versión 7.2 2022.11.20
- rectangle and trendline alert buttons visible within chart when scrolling left
Versión 7.0 2022.11.06
- performance upgrade that will lower CPU usage on MetaTrader terminal
Versión 6.9 2022.09.17
- new input variable "Extended object text position" with options (Right, Left)
Versión 6.8 2022.08.12
- new version
Versión 6.7 2022.08.01
- recompile with new Metatrader version
Versión 6.6 2022.05.29
- bug fix for new MetaTrader 5 rectangles (4 corners anchor points)
Versión 6.5 2022.05.09
- performance upgrade
Versión 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
Versión 6.3 2022.04.09
- recompile for new MT5 build
Versión 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
Versión 6.1 2021.11.27
- CPU usage reduced that will allow more charts with TBTA in MetaTrader terminal
Versión 6.0 2021.11.16
- bug fix for non extended rectangle Risk Reward tool
- CPU performance improvement when using TBRE on multiple charts
Versión 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
Versión 5.7 2021.09.05
- button display bug fix when objects TF visibility is set only to D1, W1 or MN
Versión 5.6 2021.08.28
- button speed and performance upgrade
Versión 5.5 2021.08.01
- improved performance between Trading box tools (Order management, Technical analysis, Rectangle extender, Order box Dashboard)
Versión 5.4 2021.08.01
- extended rectangle and trendline buttons display correction for high resolution displays
Versión 5.3 2021.07.31
- bug fix for chart clean up after indicator is removed
Versión 5.2 2021.07.25
- optimized refresh rate for pip distance display in brackets (price difference between Bid and object price)
Versión 5.1 2021.07.22
- removed input variable "Set larger button text"
- NEW input variable "Button font size"
- NEW input variable "Button size scale"
Versión 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
Versión 4.9 2021.07.17
- bug fix when Trading box Order management and Rectangle extender are used on the same chart
Versión 4.8 2021.07.06
- NEW input variable "Set larger button text" that will create a little bigger buttons and font size +2
Versión 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"
Versión 4.6 2021.05.25
- bug fix for button display
Versión 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
Versión 4.4 2021.04.03
Added new input variables:
- Extended trendline width
- Flat trendline width
Versión 4.3 2021.03.27
- minor bug fix
Versión 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
Versión 4.1 2021.02.17
- Alert and Engulf button color refresh after alert is triggered