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Toolbox PRO 1 - create quickly and precisely technical analysis that fits to tops and bottoms on any lower time frame.

Toolbox PRO 1 (toolbox)

create quickly and precisely technical analysis that fits to tops and bottoms on any lower time frame.

With Toolbox PRO 1 (1 of the 4) you can quickly create a very precise multi time frame technical analysis where in order to change object color or style you don't need edit object properties. Technical analysis from lower time frames does not disturb on higher time frames. Technical analysis from higher time frames is exactly aligned to tops and bottoms on each lower time frame. The time frame of object origin is easily recognizable by object color and its description. Object tooltip shows you more specific information about object type, time frame of creation and price of anchor point 1. Objects are plotted directly from MetaTrader 4 toolbox. With keys Ctrl, Shift and Alt Gr you can change object properties. Drawing is very easy and does not require specific skill. The tool is completely invisible on the chart, so it is category attach to a chart and forget about it. If you think that mother of invention are laziness and comfort, then the Toolbox PRO is for you.


Toolbox PRO 1 works with all objects plotted from terminal, which anchor points are related to the time and price on the chart. Instead of changing object properties each time you want to get another style, color or visibility, you need only know how to draw objects with 3 keys: Ctrl, Shift and Alt Gr. All is very easy and does not require specific skill. Objects created by other scripts, indicators or experts should not be changed. Magnetic alignment of Toolbox PRO 1 automatically aligns object anchor points to the tops or bottoms on each lower time frame. Object tooltip accurately describes object type, period of creation and the time of creation. What you need, is only set your predefined properties of objects that you are usually using in your analysis. Like my other tools, Toolbox PRO 1 was created in such a way as not to disturb on the chart and to be extremely efficient tool.

According to your rules the Toolbox PRO 1 is changing:

  • Object visibility depending on time frame of object creation (in order to not disturb on higher chart periods).
  • The color of an object based on object type and time frame of object creation. For example, intraday trend lines in blue, daily in sienna, weekly in brown and monthly in black.
  • With keys Ctrl, Shift and Alt Gr you can draw objects in several visual variants (e.g. for indicating importance or range).
  • Object tooltip shows you information about object type, time frame of creation and price of anchor point 1. For example for trend line: TL H1 price: 1.15478 2016.09.07 Wednesday 7:23:52.
  • Each successive Pitchforks or Fibo Retracement plotted to the chart can automatically change its color, in this way to be more visible in case of imposition. As default, color of Pitchfork or Fibo is set as fixed.
  • For objects with levels (like Andrews Pitchfork, Fibo Retracement and so on) you can set the number of levels, their values and color of each level (see comments).
  • Arrows and text are not changed, but you can change the size and color of any arrows or text. As an example, if your indicator draws them too small or too large.
  • Toolbox PRO 1 automatically aligns object anchor points to tops and bottoms on each lower time frame.

How to draw objects with keystroke?

With Toolbox PRO 1 objects are drawn accordingly if they can have a ray, can be filled by color or can have ray and can be filled by color. As default objects are drawn from MetaTrader toolbox with the ray (if object can have) and solid style of line. With key Ctrl objects are drawn with the ray and in second variant of style, which as default is dotted style of line. With key Shift objects are drawn without ray or as filled by color. If object can have ray and can be filled, then keystroke Shift is used to draw object without a ray, and then filled objects are drawn with key Alt Gr. Also, keystroke Alt Gr is used for draw trend lines as support and resistance levels which indicate their place of origin, rectangles in that case are drawn as supply and demand zones with description. Every 10 seconds Toolbox PRO 1 verifies the horizontal position of all S/R lines. Key Ctrl also can be used for forcing auto-alignment of anchor points to tops and bottoms and for auto-levelling of S/R lines.

What if my right Alt key does not work and I can't place S/R lines or SD zones?

It means that your keyboard layout does not support the Alt Gr key. In new version 1.11 you can use tilde key and also choose another key in settings. In indicator inputs on top you will find section "Other key code if your keyboard layout does not support the Alt Gr key." and if something is unclear, then follow the figure in the program gallery.

How to use magnetic alignments?

Toolbox PRO 1 automatically aligns object anchor points to tops and bottoms on each lower time frame, so objects are not shifted on lower chart periods. If anchor point is below candles and in distance of sensitivity, then Toolbox PRO 1 will align anchor point to the nearest bottom, if above, then to the nearest top. After object creation magnetic alignment to tops and bottoms does not work. In that case, if you need, then press key Ctrl and click or drag object near destination top or bottom. Magnetic alignment with key Ctrl is working with all objects, which anchor points are related to the time and price of the chart.

What if magnetic alignments does not work properly?

If you see that you can't place object properly, e.g. after creation objects are in other place or are flipped. It means that in candle history are gaps caused by not frequently updated M1 or M5 chart. As an example, let say is May and you want to draw object on H1 chart but you did not use MT4 for over two months. You see that candle history on H1 chart looks correctly, but on M1 chart that new updated by broker history is no longer than one week or two weeks and first candle from May is next to the last candle from March. What you need is to delete M1 history file e.g. EURUSD1.hst. that is located in Data Folder history\your broker folder\Symbol1.hst. Important! You need delete files when MT4 is switched off, in other case deleted file will be recreated. If problem still exist, then delete EURUSD5.hst (of course, according to chart symbol). And remember to update your charts frequently.

All is simple and does not require specific skill. Only three keys and your predefined properties of objects that you are using, makes your technical analysis readable on each chart time frame and ready to copy to another charts including offline charts.

The tool has more than 700 inputs for:

  • Trend Line
  • Trend Line By Angle
  • Vertical Line
  • Horizontal Line
  • Rectangle
  • Ellipse
  • Triangle
  • Andrews Pitchfork
  • Fibo Retracement
  • Fibo Expansion
  • Fibo Channel
  • Fibo Arcs
  • Fibo Fan
  • Fibo Time Zones
  • Cycle Lines
  • Equidistant Channel
  • Regression Channel
  • Standard Deviation Channel
  • Gann Line
  • Gann Fan
  • Gann Grid
  • Text
  • Arrow

List of magnetic alignment of object anchor points:

  • Trend Line: both anchor points.
  • Trend Line By Angle: only first anchor point, because while is creating, second point has value ‘0’ and it is drawing according to angle.
  • Vertical Line: only time value.
  • Horizontal Line: not supported.
  • Rectangle: fully supported, but if is drawing as SD zone, and then only first anchor.
  • Ellipse: all anchor points.
  • Triangle: all anchor points.
  • Andrews Pitchfork: all anchor points.
  • Fibo Retracement: all anchor points.
  • Fibo Expansion: only first two points are supported, due to distance of third point is set automatically. You can force alignment by key Ctrl.
  • Fibo Channel: only first two points are supported, due to distance of third point is set automatically. You can force alignment by key Ctrl.
  • Fibo Arcs: all anchor points.
  • Fibo Fan: all anchor points.
  • Fibo Time Zones: all anchor points.
  • Cycle Lines: all anchor points.
  • Equidistant Channel: only first two points are supported, due to distance of third point is set automatically. You can force alignment by key Ctrl.
  • Regression Channel: not supported.
  • Standard Deviation Channel: not supported.
  • Gann Line: only first point.
  • Gann Fan: only first point.
  • Gann Grid: only first point.
  • Text: only its time value. You can force alignment by key Ctrl.
  • Arrow: only its time value. You can force alignment by key Ctrl.
  • With keystroke Ctrl all anchor points of any clicked or dragged object.

Gallery

Buy Toolbox PRO 1 toolbox trading application in the store of automated robot systems

Download True Type Font Wingdings 3 below if instead of arrows you see "h" letter.
Wingdings_3.jpg

Comments:

For Pitchforks and the Fibo Retracement you can set the number of levels, their values and colors, but at the time of this writing, not all works properly, even it is written according to the mql4 reference. For Fibo you can change only last color as color of all levels. Unfortunately, for now additional levels of Andrews Pitchfork does not work at all. Andrews Pitchfork PRO with coloured levels, trigger and slider lines you will find here. If you need a trial version please contact me. I will be happy to answer any questions you may have. Trend By Angle is not aligned to the tops because while is creating value of second anchor point is angle. In that case only first anchor point is aligned to the pointed top or bottom. Fibo channel is copied only with defaults values of levels. Magnetic alignment to tops and bottoms does not work on offline charts because you can’t change chart period. Gaps in bar history on lower time frames can cause huge unexpected leaping of object anchor points, especially on bottoms. In that case you need delete “.hst” file in history. Alt Gr is right Alt key. On my keyboard is marked as "Alt Gr" https://en.wikipedia.org/wiki/AltGr_key

Right Alt Gr issue

If you can't draw S/R lines and you see that your right Alt key works the same like left Alt key, it means that your current selected language does not support keybord layout with Alt Gr. Please check if pressed right Alt key is changing the capital letters of the MetaTrader menu to underlined alternately. In that case always work tilde key and you can choose another key to work as Alt Gr. To do this, find in settings Type key code (e.g. 191 for /). Alt Gr and tilde works always. and enter key code of chosen key. Key codes you will find here.

Current version 1.11 - 2017.02.15 - added key code if your keyboard layout does not support the Alt Gr key. It solves problem with right Alt key if you can't place objects like S/R lines or SD zones. If you can't place S/R lines or SD zones with right Alt key, it means that your keyboard layout does not support the Alt Gr key. In new version 1.11 you can use tilde key and also choose another key in settings. In indicator inputs on top you will find section "Other key code if your keyboard layout does not support the Alt Gr key." and if something is unclear, then follow the figure in the program gallery. Checked and compiled: 2017.08.21

My other tools that can help you manage charts and your technical analysis:


If you identify any bugs or if you have any questions or suggestions feel free to let me know. Feedback are most welcome.