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Open Feature request MC-1309

Extend rectangle to the left and right

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I'd like to have in the rectangle settings an option to extend it to the left and right the same way trend lines have.
This is crucial because the rectangle is the only tool in MC capable of creating a channel with a transparent background.
If we want to set a price range on a chart the only way possible is through lines and too many lines start to look like spaghetti, you get lost which is which.
The ability to remove a couple lines and replace them by a rectangle would be the obvious choice but the lack of an option to extend it to the right basically bring to the ground that choice since we have to constantly adjust the rectangle to new data.
If we want to go even further than this, MC should have keywords/functions for us to code such transparent channels.
Lets take as an example the initial balance (the first hour of the trading day.
We can code to plot a line to show us the high and the low of the period. Now add to these two lines, one for the midpoint of the initial balance, yesterday's high, low, close and pivot, today's overnight high and low. On a single chart we already have 9 lines.
Now imagine that you could create a transparent channel between the initial balance high and low, between yesterday's high and low and today's overnight high and low.
With this change you remove 6 lines from the chart, replacing them by transparent channels.
But this feature request is for extending the rectangle tool.
Keywords can come later.

Steps to reproduce this issue

Open the rectangle settings and search for an option to extend it to the left and right. There's none. We need one.

Comments (1)
user-offline.png  MultiCharts Support (MultiCharts)
Jul 28, 2015 - 11:10

Added an option for Drawings tools: "Anchor to bars". When enabled (by
default), the drawings are anchored to bars on chart and will not change
they position when new bars are added. When disabled - drawings are
anchored to date/time value and can be extended to right as new bars are
added until the end date/time appear on chart. Set the end point to a future date to have the drawing auto-extended automatically.

Issue basics
  • Type of issue
    Feature request
  • Category
  • Targeted for
    MultiCharts 9.1 (RELEASED)
  • Status
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
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  • Posted by
    user-offline.png  arnie (arnie)
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