VibeFox Keltner Channels
- Indicators
- Version: 1.0
- Activations: 5
VibeFox Keltner Channels — EMA channel with ATR bands and breakout / bounce entry points
VibeFox Keltner Channels is a real-time volatility-channel indicator for MetaTrader 5. It draws the classic Keltner channel — an EMA middle line wrapped by two ATR-based bands — marks the moment an entry signal appears right on the price chart, and gathers every control into one modern interactive panel. Instead of guessing where price is stretched or where it is breaking out, you see the channel and the entry point at the very moment they form.
How the indicator works
A Keltner channel is built from two ideas: a trend baseline and a volatility envelope around it. The Middle line is an exponential moving average (EMA) of the typical price (High + Low + Close) / 3. The band half-width comes from the Average True Range (ATR), so the channel automatically widens when the market is volatile and tightens when it is calm.
The two bands are computed directly from the middle line: Upper = Middle + Multiplier × ATR and Lower = Middle − Multiplier × ATR. The MA Period controls the smoothness of the baseline, the ATR Period sets the lookback of the volatility measure, and the Multiplier scales how far the bands sit from the middle. A larger multiplier produces a wider channel that is touched less often; a smaller one hugs price more tightly.
All three lines are real indicator plots (buffers), drawn directly on the price chart, so they also work in the Strategy Tester. The indicator panel lives in its own subwindow. The Bars setting limits how much history is processed — set it to 0 to scan all available bars, or use a smaller value for faster redraws on heavy charts.
Entry points
The main value of VibeFox Keltner Channels is its automatic entry points: the indicator tracks the conditions itself and places a clear marker right on the price chart. Two independent signal types are available, each with its own toggle.
Entry — Break (band breakout)
The breakout signal fires when a bar closes beyond a band. A close that crosses above the Upper band places a BUY marker — momentum is pushing out of the channel to the upside. A close that crosses below the Lower band places a SELL marker — price is breaking down out of the channel. This is the momentum/continuation signal: it reacts when the market expands beyond its recent volatility range.
Entry — Bounce (band rejection)
The bounce signal fires when price tags a band and then closes back inside the channel. When the bar's low reaches or pierces the Lower band but the close finishes back above it, a BUY marker is placed — the lower band acted as support. When the bar's high reaches or pierces the Upper band but the close finishes back below it, a SELL marker appears — the upper band acted as resistance. This is the mean-reversion signal: it catches rejections off the channel edges.
Buy and sell markers are colored separately with the Buy Color and Sell Color settings, so direction is read instantly. The Marker selector switches the glyph between a plain cross (+), filled triangles, or arrows with a tail, while the Size control scales the marker in pixels (6 to 40) to fit any chart density. The markers are placed as text objects on the price chart, independent of the channel plots.
Full visual control
The three channel lines are colored independently: Middle Line Color, Upper Band Color and Lower Band Color, with the thickness set by Line Width from 1 to 5 pixels. Each line and both entry markers support a transparency setting (0-100%) in the color picker popup, so you can blend them softly into the chart background. Entries stand out clearly against any background.
Interactive on-chart panel
The whole interface is a smooth canvas-based panel built for fast mouse control. The Keltner parameters are gathered into tidy rows, and the entry block is set apart with its own gold ENTRY heading, so signal settings do not get mixed up with channel settings. The panel header holds the control icons.
Power — turns the drawing of entry markers on and off without removing the indicator from the chart.
Settings (gear) — opens and closes the settings section.
Updown (arrows) — moves the panel between its subwindow and the main chart.
Close (cross) — closes the indicator.
Resizable — drag the bottom-right corner to scale the panel.
Collapsible — a double click on the header collapses the panel into a compact strip.
Mouse wheel — hover over any numeric field (MA, ATR, Multiplier, Width, Bars, Size) and scroll the wheel to change the value without opening the keyboard.
Settings and personalization
The Settings button opens a section where the panel is fitted to your workspace: a light, dark or automatic Theme, an adjustable panel width, header size, row height and font size. Extra touches let you hide the bottom bar via Hide Footer, shrink the header when collapsed with Mini Header, and automatically collapse the panel on a click outside it. Almost every parameter changes live right on the panel — the input fields on the Inputs tab only set the starting values. You can also run several independent copies on one chart by giving each a unique Instance, to compare different Keltner settings side by side.
Entry notifications
You do not need to sit and guard the chart waiting for a signal. Each entry can be sent through several notification channels that are enabled independently right on the panel.
Alert — a pop-up message inside the terminal.
Push — a mobile notification to the MetaTrader app on your phone.
Email — a letter sent through the terminal's mail settings.
Telegram — the alert text together with a chart screenshot, sent straight to your Telegram chat.
Enable only the channels you need, and you will be notified the moment a new entry appears on the symbol and timeframe you are working with.
Visual history (HTML report)
Enable the Html channel, and every entry signal is saved to an HTML report together with a screenshot of the chart at the moment it fired. The report is stored in the terminal's Files folder, in the VibeFox_Keltner_Channels directory (MQL5/Files/VibeFox_Keltner_Channels/result.html), and opens in any browser — you get a visual log of all the entries the indicator found. A one-click trash button clears the report and its screenshots whenever you want to start over.
Telegram Alerts
Signals can also be delivered straight to your Telegram chat — the alert text together with a screenshot of the chart at the moment of detection. Turn on the Telegram channel and enter your bot token and chat id in the inputs.
Delivery rides on the HTML report: each new signal is written into the report, and the report — opened in a browser — forwards it to your Telegram chat on its own. For this reason, enabling Telegram automatically keeps the Html report on, and the two channels work together.
Built-in multilingual help
A full help page is built into the panel, available in multiple languages, so every control is explained right where you use it.
Parameters (Inputs tab)
Most settings can also be changed live right on the panel (the Settings button) — the input parameters only set the initial values at startup.
Keltner Channels
MA Period — the EMA period of the middle line, on typical price (H+L+C)/3. Default: 20.
ATR Period — the ATR period that sets the channel half-width. Default: 10.
Multiplier — the ATR multiplier; band distance from the middle line. Default: 2.0.
Bars of history to process — how many bars back the channel and entries are calculated, 0 = all available. Default: 500.
Middle Line Color — the color of the EMA middle line. Default: DodgerBlue.
Middle Line Transparency — middle line transparency in percent, 0-100. Default: 0.
Upper Band Color — the color of the upper band. Default: OrangeRed.
Upper Band Transparency — upper band transparency in percent, 0-100. Default: 0.
Lower Band Color — the color of the lower band. Default: OrangeRed.
Lower Band Transparency — lower band transparency in percent, 0-100. Default: 0.
Line Width — the thickness of the channel lines in pixels, 1..5. Default: 1.
Entry Points
Break (band breakout) — enables markers when price closes beyond a band (above Upper = BUY, below Lower = SELL). Default: on.
Bounce (band rejection) — enables markers when price tags a band and closes back inside (Lower = BUY, Upper = SELL). Default: on.
Marker Font Size — the size of the entry markers in pixels, 6..40. Default: 12.
Entry Marker — the marker glyph: Cross (+), Triangle, or Arrow. Default: Arrow.
Buy Color — the color of the BUY marker. Default: LimeGreen.
Buy Transparency — buy marker transparency in percent, 0-100. Default: 0.
Sell Color — the color of the SELL marker. Default: Red.
Sell Transparency — sell marker transparency in percent, 0-100. Default: 0.
Notifications
Push Notification — enables push alerts to the MetaTrader mobile app. Default: off.
Alert Popup — enables pop-up alerts inside the terminal. Default: off.
Email — enables email alerts through the terminal's mail settings. Default: off.
Html Report — saves each signal with a chart screenshot to Files/VibeFox_Keltner_Channels/result.html. Default: off.
Telegram — forwards signals with chart screenshots to a Telegram chat via the HTML report. Default: off.
Telegram - bot token — the token of the Telegram bot used for delivery. Default: empty.
Telegram - chat id — the target Telegram chat identifier. Default: empty.
Panel / Settings
Panel width, px — the width of the on-chart panel in pixels, 300..800. Default: 800.
Header size — the height of the panel header, 1..6. Default: 1.
Theme — the color theme of the panel: Light, Dark, or Auto. Default: Auto.
Row height (px) — the height of each parameter row in pixels. Default: 34.
Font size — the font size used inside the panel. Default: 8.
Hide Footer — hides the bottom bar of the panel. Default: off.
Mini Header on collapse — shows a compact header strip when the panel is collapsed. Default: off.
Close on click outside — automatically collapses the panel when clicking outside it. Default: off.
Instance — a unique number for each copy of the indicator on the same chart, allows running multiple instances side by side. Default: 1.
Panel Start Window — sets the initial position of the panel: main chart or subwindow. Default: Chart.
