VibeFox ATR MT5

VibeFox ATR — volatility, spikes and entry points

VibeFox ATR is a real-time Average True Range indicator for MetaTrader 5. It draws the ATR line and its smoothed baseline in a separate subwindow, marks the moment volatility suddenly breaks higher right on the price chart, and gathers all controls into one modern, interactive panel. Instead of eyeballing how widely the market is swinging, you see current volatility, its average level and the moment of a spike exactly as it forms.

What ATR measures

Welles Wilder’s ATR answers one important question: how widely price is moving. It is a measure of the size of the move, not its direction — a high ATR means large, sweeping candles, a low ATR means a quiet, narrow market. The indicator draws two lines. ATR is the current volatility, bar by bar. ATR Avg is a moving average of the ATR itself, that is, its average baseline level over the chosen period.

Comparing these two lines is the heart of the indicator. When the ATR line runs above its Avg, the market is swinging more than usual; when ATR drops below Avg, the move is calming down. Because ATR has no fixed ceiling, the subwindow autoscales to the instrument’s values, so both lines always stay in frame.

Spike threshold

The line between “ordinary” volatility and a genuine spike is set by the Spike Mult parameter. It is a multiplier: a spike is registered when ATR exceeds Avg multiplied by Mult. At 1.5 it is enough for ATR to rise 50% above its average level; raise the multiplier to react only to the sharpest volatility bursts, or lower it to catch more modest range expansions.

Entry points

The core value of VibeFox ATR is its automatic entry points: the indicator tracks the spike condition itself and places a clear arrow marker right on the price chart the moment it fires.

Entry — volatility spike

The signal fires on a volatility spike: when ATR exceeds Avg * Mult. The direction of the marker is set by the bar on which the spike occurred: if the bar closed up, a BUY marker is placed; if the bar closed down, a SELL marker is placed. This ties the volatility spike straight to the direction of the move it happened on, so you see not just “the market accelerated” but “the market accelerated up” or “down”.

This is the single, self-contained entry condition in the indicator — no extra layers of logic. The Entry toggle on the panel turns the search for these signals on and off entirely.

Buy and sell markers are colored separately with Buy Marker and Sell Marker, so direction reads instantly, and the Marker Size control scales the arrows from 1 to 5 to fit any chart density.

Full visual control

Both lines in the subwindow are tailored to your taste. The ATR Line and Avg Line colors are set separately, and each line has its own transparency slider — you can fade the baseline into a pale background and make the main volatility line stand out in a saturated color. The Line Width control sets the thickness of the ATR line in pixels, so the picture reads on a dense intraday chart and on a sparse higher timeframe alike.

Interactive on-chart panel

The whole interface is a smooth canvas-based panel built for quick mouse control. All parameters are arranged into tidy three-column rows, and the entry block is set apart by its own gold ENTRY header so that signal settings do not get mixed up with line settings. The panel header holds the control icons.

Power — turns the drawing of lines and signals on and off without removing the indicator from the chart.

Settings (gear) — opens and closes the settings panel.

Updown (arrows) — moves the panel between a separate subwindow and the main chart.

Close (cross) — closes the indicator.

Resizable — drag the bottom-right corner to scale the panel.

Collapsible — double-click the Header to collapse the panel into a compact strip.

Mouse wheel — hover over any Number field 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 with Hide Footer, shrink the cap when collapsed with Mini Header, and auto-collapse the panel on a click outside it. Almost every parameter can be changed 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 watch ATR with different periods and spike thresholds side by side.

Entry notifications

You do not have to sit and watch the chart waiting for a spike. Each entry signal can be sent through several notification channels, switched on independently right in the panel, in the NOTIFY ENTRIES group.

Alert — a popup 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.

Switch on only the channels you need, and you are alerted 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 kept in the terminal’s Files folder, in the VibeFox_ATR directory (the result.html file), and opens in any browser — a visual log of every volatility spike the indicator found. The trash button clears the report and its screenshots in one click whenever you want to start fresh.

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

The panel has a full help page built in, available in 10 languages, so every control is explained right where you use it.