Dear @mrtools, I modified and optimized this keltner channel code. Now it works really well on 5M TF, I tested it on gold and trading the rebound from the midline to the break point gives me around 65% wr with 1R-2R. I will include it in the next release of my trading system.

Could it be possible to add an alert when the price touches back the midline? The correct level is the midline price taken when the candle that broke the band closes outside the band. The midline value needs to be recorded as the entry point and an alert should be fired. Let me attach a picture.

PS: if it is doable, it would be great to have an option to add/sub x pips from the retest level, as per my testing often PA does not reach the mid level but misses it by 2-3 pips.
Unfortunately my coding skills do not allow me to make this upgrade. Hope you can help!

Thanks!