This code is a sample implementation of a trading tool developed by the Forex Robot Easy Team. It utilizes the MQL5 language and is intended to be used in the MetaTrader 5 trading platform.
- Draws rectangles on the chart to represent supply and demand zones.
- Draws trendlines on the chart to represent support and resistance lines.
- Sends mobile or email notifications based on market movements or specific conditions.
- Extends rectangles and trendlines into the future based on user input.
To use this code, follow these steps:
- Open the MetaTrader 5 platform.
- Go to 'File' > 'Open Data Folder'.
- Navigate to the 'MQL5' folder.
- Create a new folder named 'Experts' if it doesn't already exist.
- Copy the code file into the 'Experts' folder.
- Restart the MetaTrader 5 platform.
Once the code is installed, follow these steps to use the trading tool:
- Open a chart in the MetaTrader 5 platform.
- Attach the trading tool to the chart by dragging it from the Navigator window onto the chart.
- The trading tool will automatically draw rectangles and trendlines on the chart.
- Monitor the market movements or specific conditions.
- Receive mobile or email notifications if market movements or specific conditions are met.
- Manually draw additional rectangles or trendlines on the chart if desired.
- Set alerts for specific market conditions or price levels if desired.
- The rectangles and trendlines will be automatically extended into the future based on user input.
This code serves as an example implementation of a comprehensive forex trading tool. It provides visual representations of supply and demand zones, as well as support and resistance lines, on the MetaTrader 5 chart. Additionally, it offers the ability to receive mobile or email notifications based on market movements or specific conditions.
By using this trading tool, traders can easily identify potential trading opportunities and stay informed about the market. The tool also allows for manual drawing of additional rectangles and trendlines, as well as setting alerts for specific market conditions or price levels. Furthermore, the tool extends the drawn objects into the future, providing a forward-looking perspective on the chart.
Please note that Forex Robot Easy is not the official developer of this product. We are showcasing this sample code to demonstrate how the product can work as described. For detailed reviews and trading results of this product, please visit https://forexroboteasy.com/forex-robot-review/review-trading-box-technical-analysis-a-comprehensive-forex-tool/. To find the official developer of this product, please refer to MQL5.