Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

ID_Close_Rectangle_TL_AL - MetaTrader 5 Script - MT4/MT5 Resource

author EAcpu | 4 reads | 0 comments |

ID_Close_Rectangle_TL_AL - indicator for MetaTrader 5

An indicator utility for closing (decreasing the length of the right side) a rectangle, trendline or line with arrows pointing to certain bars/candlesticks.

Using it you can do this in just two clicks (not a lot if you had to do it manually):

This utility works for objects located in the main diagram as well as objects located in their own windows.

ID_Close_Rectangle_TL_AL - indicator for MetaTrader 5

The utility name is abbreviated as follows:

and Rectangle ( OBJ_Rectangle ) - these are types of graphical objects in the terminal with two anchor points divided by time and price.


Attachment download

📎 id_close_rectangle_tl_al.mq5 (53.68 KB)

Source: MQL5 #20714

ID_Close_Rectangle_TL_AL - MetaTrader 5 script usage and filtering suggestions

ID_Close_Rectangle_TL_AL - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

Verification code Refresh