Drawing Button MT5

Drawing Button MT5

Drawing Assistant Tool for MT5

This is an assistant tool that allows you to create drawing objects with a single click from an on-chart panel, using settings independent of the standard MT5 objects.

• Dual Presets: You can draw two distinct styles for each object type, labeled "1" and "2", simply by clicking the respective buttons.

• Three Styles Available: Since these presets function independently from the standard MT5 toolbar objects, you effectively have access to three different object styles (Standard + Preset 1 + Preset 2) for each tool.

• Timeframe Visibility: You can set a maximum visibility timeframe. Objects will be automatically hidden on timeframes higher than this setting. (Note: Objects drawn while viewing a timeframe higher than the limit will be visible on all timeframes.)

• Flexible Layout: The default layout is a single column, but you can switch to a 2-column display. You can also toggle between vertical and horizontal orientation to fit your workspace.

• Smart Features:

  • Color Palette: Changes the color of the currently selected object (applies only to objects created by this tool).

  • Clear Button: Deletes only the objects created by this tool, keeping your other analysis intact.

  • Customizable Panel: Each tool group (buttons "1" and "2") can be toggled on or off. Hidden buttons are removed, and the panel automatically adjusts to fill the gaps.

[Supported Tools]

• Trend Line

• Horizontal Line

• Vertical Line

• Equidistant Channel

• Fibonacci Retracement

• Fibonacci Expansion

• Fibonacci Channel

• Rectangle Outline

• Filled Rectangle

• Triangle Outline

• Filled Triangle

• Elliott Impulse (12345)

• Elliott Correction (ABC)

• Arrow Line

• Text

• Label

[Parameters]

• General Settings: Configure panel position, size, font, and column layout.

• Initial Drawing Range (Bars): Sets the number of past candles referenced to calculate the initial size/position of the object (Default: 20 bars).

• Tool Settings: Customize the color, width, and line style for each tool (Preset 1 & Preset 2) individually.

• Color Palette: Customize the 8 colors available in the palette buttons.