Phoenix Auto Fibonacci Monitor
- Indicators
- Jaamal Anthony Victor Black
- Version: 1.10
- Updated: 14 September 2026
This is an actively maintained release, rebuilt and expanded for current MT5 builds.
Manually redrawing Fibonacci retracements every time price makes a new swing is slow, and it's easy to end up anchoring the tool to the wrong high or low.
Phoenix Auto Fibonacci Monitor removes that manual step. It automatically identifies the dominant market swing using higher-timeframe pivot and ATR validation, plots the retracement levels, and keeps them updated as new swings form, so the levels on your chart are always anchored to current price structure, not whatever you last drew.
No indicator can tell you which pullback will hold. What this adds is the Level Intelligence Panel: a read on which of your existing levels are actually worth trusting.
What makes Auto Fibonacci Monitor different?
Everyone has Fibonacci. This adds:
- Automatic swing detection, so levels update themselves as price structure changes
- Level strength classification ("Strong," "Medium," or "Weak") based on how many times price has actually respected each level
- Role tracking ("Active," "Broken," or "Untested") showing whether a level is still relevant or already invalidated
- Automatic Golden Pocket highlighting (0.618–0.786)
How it reads every swing
The Level Intelligence Panel is a 6-column dashboard covering price, strength, distance, bars since interaction, and role for the 0%, 23.6%, 38.2%, 50%, 61.8% and 100% levels, plus a live upswing/downswing state indicator.
Alerts
Proximity alerts as price approaches a key level, and role-change alerts when a level flips between "Active" and "Broken," delivered via popup, sound or push notification.
Use Phoenix Auto Fibonacci Monitor to:
- Skip manually redrawing retracements every time the swing changes
- See at a glance which Fibonacci levels price has actually respected, versus which are untested
- Get alerted as price approaches the Golden Pocket or another key level
- Confirm a level's role before treating it as support or resistance
How to use it
1. Attach to any chart; the dominant swing and levels plot automatically.
2. Check the Level Intelligence Panel's Role column before treating a level as support or resistance.
3. Watch for the Golden Pocket highlight on a pullback into an established trend.
4. Enable proximity alerts so you don't have to watch the chart continuously.
Installation
Download from the MQL5 Market and attach to any chart. The dashboard and Fibonacci levels initialise automatically once a valid swing is detected.
Requirements
MetaTrader 5 build 3280 or higher. Compatible with all brokers and symbol types.
Who it's for
Traders who already use Fibonacci retracements get an automated, self-updating version of what they'd otherwise draw by hand. Traders who want both swing-based and price-action-based levels on the same chart should pair this with Phoenix Support and Resistance Detector (free).
Important Notes
Fibonacci levels are calculated from past price swings. Like any technical tool, they mark areas of interest, not guaranteed support or resistance.
Feedback & Reviews
If this saves you the manual redrawing, a review from the Reviews tab above helps the next trader find it.
Support
Questions or a setup issue? Message me via MQL5 Private Message; we reply personally to every message.
Developed by Phoenix Global Investments Ltd.
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