Fibonacci Projection MT5
- Indicators
-
Agus Santoso
DISCLAIMER ON : The author of EA will not be held responsible for your losses or problems of any kind if the EA is directly or indirectly responsible for any losses.
Our software is provided “as is”, without any warranty or condition of any kind, express, implied or statutory. - Version: 1.0
- Activations: 5
MQL5 Blogs : https://www.mql5.com/en/blogs/post/768823
MT4 Version : https://www.mql5.com/en/market/product/171247
MT5 Version : https://www.mql5.com/en/market/product/171248
FIBONACCI PROJECTION [tambangEA] is a professional dashboard-based trading analysis tool designed to help traders identify market structure, Fibonacci projection targets, volume reaction zones, and directional continuation areas directly on the chart.
The tool automatically detects the latest swing structure, builds Fibonacci-based projection levels, highlights the Point of Control area, and displays delta information across Fibonacci bands. It is designed for traders who want a clean, structured, and visual way to read market movement without manually drawing every Fibonacci projection.
Why This Tool Was Created
Many traders use Fibonacci levels manually, but manual projection can be slow, inconsistent, and subjective.
This tool helps simplify the process by automatically displaying:
the latest swing structure
Fibonacci retracement and projection levels
C point projection from the 0.618 area
T1, T2, and T3 target zones
POC and volume profile area
delta strength by Fibonacci band
bullish or bearish projection direction
a compact premium dashboard
The goal is to provide a clearer market roadmap, not to replace trader judgment.
Main Features
Automatic Swing Detection
The indicator detects the latest valid swing high and swing low within the selected period. This swing becomes the foundation for the Fibonacci projection structure.
Fibonacci Projection Targets
The dashboard displays projected target levels:
T1 – 100%
T2 – 127.2%
T3 – 161.8%
These levels help traders identify possible continuation targets and reaction zones.
C Point Projection
The tool uses the C point, commonly based around the 0.618 Fibonacci retracement area, as the projection base for future targets.
POC and Volume Profile Area
The system identifies the approximate Point of Control, which represents the price row with the highest total volume inside the detected swing range.
This helps traders understand where market participation was concentrated.
Delta Band Analysis
Delta information is calculated across Fibonacci bands to help identify where buy or sell pressure may be stronger.
The dashboard highlights the strongest delta band so traders can quickly see whether the market reaction supports the current projection direction.
UPSIDE / DOWNSIDE Mode
The dashboard displays directional bias clearly:
UPSIDE for bullish continuation projection
DOWNSIDE for bearish continuation projection
This makes the chart easier to interpret at a glance.
Symbol Changer Panel
The built-in Symbol Changer tab allows quick switching between common trading instruments directly from the dashboard.
Supported quick-access symbols include:
EURUSD
GBPUSD
USDJPY
XAUUSD
US30
US100
BTCUSD
ETHUSD
The tool also attempts to detect broker prefix and suffix when possible.
Premium Dashboard Design
The dashboard includes a clean and professional visual layout with:
Guide tab
Symbol changer tab
projection status
theme selector
drag panel control
compact target information
explanation of the logic directly on the chart
How It Works
The tool follows this analytical process:
Detects the latest swing high and swing low inside the selected period.
Builds Fibonacci retracement levels from the detected swing.
Defines the C point around the selected Fibonacci retracement level.
Projects future target levels using 1.000, 1.272, and 1.618 ratios.
Distributes volume across price rows and Fibonacci bands.
Identifies the approximate POC inside the swing range.
Calculates delta strength inside each Fibonacci band.
Displays the strongest delta band and target zones on the dashboard.
