Rectangle Position Changer MT5

What is Rectangle Position Changer MT5?

• The Rectangle Position Changer is a utility tool for MetaTrader 5 designed to enhance the precision of rectangle positioning on charts.
• This tool allows for the adjustment of rectangles from all four sides, making technical analysis faster and more efficient.
• It replaces traditional grids with a customizable dynamic chart grid specifically for rectangles.

Main Features

• Independently movable sides: Each side of the rectangle can be moved individually using lines created around the selected rectangle. 🖱️
• Dynamic adjustments: Users can drag and drop horizontal lines to change the rectangle's size quickly.
• Visibility: Handy when corner points are not visible on the chart, ensuring accessibility and convenience.
• Customized color options: Users can change line colors based on chart background and individual preferences.
• Rectangle renaming: Right-clicking in the center of the rectangle opens the properties window for easy renaming.

How to Use It?

• Select the rectangle: Once selected, four lines will appear around the rectangle for easy adjustment.
• Drag to adjust: Use the dragging function to modify the size and position of the rectangle effortlessly.
• Deselecting: Click away from the rectangle or lines to remove the selection and clear the associated lines.
• Input customization: Access parameters to define line color, style, and the visibility of the rectangle name on the lines.

Compatibility and Integrations

• Works seamlessly with Trading Box Order Management and Trading Box Technical Analysis tools.
• Supports supply and demand zone price action trading, enhancing the toolset for price action traders.
• Ideal for traders who wish to mark significant zones and use risk management features effectively.

User Feedback and Ratings

• Overall rating is 5.0, with users appreciating its ease of use and effectiveness.
• Many traders recommend it for improving their technical analysis workflow.
• Continual updates and improvements based on user feedback are part of its development.

Final Thoughts

• The Rectangle Position Changer MT5 is a free tool that enhances chart analysis through efficient rectangle management.
• For traders looking to optimize their technical analysis, this tool serves as an invaluable asset. 🚀