MT4 TECHNICAL ANALYSISEverything for Technical Analysis in one tool.
Draw your supply demand zone with rectangle and support resistance with trendline.
Extend rectangle and trendline into future
Extended object will be automatically extended into future when price will draw new candlesticks on chart Details >>
Price alert with push notification
Alert will be triggered when price will touch rectangle or trendline. Price alert is also for rayed trendline Details >>
Engulf detection alert with push notification
Alert will be triggered when price will break rectangle supply demand zone Details >>
Candle Close alert with mobile push notification
Alert will be triggered when candle will close ouside of the rectangle. Extended trendline and ray trendline have the same Close button. Details >>
Sound repeat after Alert, Engulf or Close
R button will enable you repeat alert sound every few seconds (you can set repeat interval in seconds with sound_repeat_seconds_interval) Details >>
Risk reward ratio calculation
Risk reward ratio calculation for extended rectangle that are used for supply demand zone Details >>
Trendline compression tool
Mark compression zone on the chart Details >>
Rectangle origin position
Function that will show origin of selected rectangle in the middle of the chart when button @ is clicked Details >>
Horizontal break line price
Function will search first horizontal line break in chart history on the left Details >>
Object timeframe visibility
Set object timeframe visibility with LTF, MTF and HTF buttons Details >>
Object color change
Quickly change color for selected object with color button click Details >>
Smart Rectangle Extender
Rectangles and Trendlines will be extended into future with one click. Rectangle size, name and prices will be displayed around rectangle or trendline.
Risk Reward Ratio Calculation
Trader can use risk reward calculation to decide if trade is profitable enough. You can manually drag horizontal line and risk reward with pip count will be displayed as text on horizontal line.
Price and Engulf Alert
Price Alert and Engulf detection in Rectangle extender are supported with MT4 mobile push notifications. Stay notified about market events.
History search functions
Trader can use history search functions with rectangle or horizontal line. Function will search break of the line in chart history or rectangle origin in history.Extend rectangle and trendline into future
We recommend that you enable setting option Select object after creation in Tools/Option/Objects. If you enable this option, then extend button >> will be show after you draw rectangle or trendline.
Extend rectangle
After you draw rectangle the button >> will be created if rectangle is selected. When you click on this button, then the rectangle will be extended into future.
Extend trendline
After you draw trendline the button >> will be created if trendline is selected. When you click on this button, then the trendline will be extended into future.
Extend ray trendline
After you draw trendline the button Ray will be created if trendline is selected. When you click on this button, then the trendline ray will be extended into future.
Extended rectangle and trendline example
This is how extended rectangle and trendline will look like on your chart. Selected rectangle or trendline will have visible action buttons. Prices will be shown or the right side. You can also hide prices in indicator Input properties. If you want to stop extension for rectangle or trendline, then click on button << and object will be no longer extended.
Name of rectangle or trendline will be displayed on the right side. You can also hide names if you click on button No text. Rectangle size will be calculated and displayed on the left side.
Price alert with push notification
When you click on button Alert then rectangle or trendline will trigger alert notification when price will touch this object.
MT4 price alert
You will receive MT4 alert dialog if Alert button will be enabled and price will touch rectangle or trendline.
MT4 price push notification
You will receive MT4 push notification on your mobile phone if Alert button will be enabled and price will touch rectangle or trendline.
Activated Alert example
Click on Alert button and enable price alert for rectangle or trendline. Bell sign will signalize that alert is ON.
Engulf detection alert with push notification
When you click on button Engulf then rectangle will trigger alert notification when price will engulf extended rectangle.
MT4 Engulf alert
You will receive MT4 alert dialog if Engulf button will be enabled and price will engulf extended rectangle.
MT4 Engulf push notification
You will receive MT4 push notification on your mobile phone if Engulf button will be enabled and price will engulf extended rectangle.
Activated Engulf example
Click on Engulf button and enable price alert for rectangle engulf. Arrow sign will signalize that engulf detection is ON.
Sound repeat alert
R button will enable you repeat alert sound every few seconds (you can set repeat interval in seconds with sound_repeat_seconds_interval)
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 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.
Trendline compression tool
With click on button CP, you can create Compression zone from trendline.
Rectangle origin position
With click on button @, you can navigate to origin of selected rectangle back in time.
Horizontal break line price
With click on button Break line, program will found first candle that cross or break horizontal line in history on the left.
Object timeframe visibility
With click on button LTF, MTF or HTF, you can change timeframe visibility of selected objects. Configuration for each button can be changed with indicator input properties.
Object color change
You can quickly change color of selected objects. Configurations for color buttons are inside indicator input properties.
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.
show_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.
show_break_line_button
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_colors
This function will automatically change rectangle color if it will be above or below bid price.
rectangle_color_above_price
If variable use_extended_rectangle_colors is set to true, then rectangle above bid price will be that color.
rectangle_color_below_price
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.
compression_color
We can set default compression zone color
ray_trendline_color
We can set default ray trendline color
RR_text_alignment
We can display Risk Reward ratio calculation on left or right side of chart.
LTF_object_visibility
We can set object timeframe visibility
sound_repeat_seconds_interval
Input parameters for sound repeat alerts (The file must be located in terminal_directory\Sounds. Only WAV files are played)
MT4 trading Technical analysis indicator – SnD Trading technical analysis
MT4 Rectangle extender
MT4 Trendline extender
SnD trading technical analysis
MT4 Supply demand zone MT4 indicator
Zone indicator for mt4 will extend rectangle to right side
mt4 zone extender and mt4 pip sizing indicator tool
mt4 rectangle extender indicator
Read the market and mark supply demand leves for trading forex snd zones