What is a rectangle?

A rectangle is a fundamental drawing tool that allows you to highlight specific rectangular areas on a price chart. Its main purpose is to act as a visual marker for key zones of interest:

• Consolidation or accumulation ranges

• Support and resistance zones

• Areas of high trading volume

Unlike an indicator, a rectangle has no built-in calculation logic. Its value comes from helping you structure the chart and create clear visual anchors for your trading decisions.

A rectangle is particularly useful for analyzing sideways markets, identifying recurring patterns, and marking potential entry or exit zones.