XF 1.4 URL Parsing Question

Hello all,

Just recently installed xenForo and had a quick question about URL parsing. Is there an option (or add-on) available in xenForo that would take links users post, e.g.


and parse them automatically to the page title, e.g.


Right now I see that this can be done manually with the BB Code Editor - but can it be done automatically?

Thanks in advance for your help.
Hi guys - I got the add-on to work but had a quick follow up question: It seems that the add-on only works with new posts (i.e. parses links on posts created after it was installed). Any chance this add-on (or another) is able to look through historical posts and parse them as well? Thanks again.