Fibonify
- Experts
- Version: 1.10
- Updated: 29 May 2026
- Activations: 10
Fibonify is an advanced automated trading system designed for the MetaTrader 5 platform. It utilizes an institutional Fibonacci confluence engine to identify high-probability trading opportunities. The system combines classical Fibonacci levels with multiple technical indicators to provide a robust framework for professional trading.
Core Features
The Expert Advisor is built around a multi-layered analysis engine that ensures every trade meets specific confluence criteria.
- Fibonacci Confluence Engine: Automatically calculates institutional levels, including extension and retracement zones, based on customizable lookback periods.
- Multi-Indicator Validation: Uses Relative Strength Index (RSI), Moving Averages (MA), and Bollinger Bands to confirm trend strength and volatility conditions before execution.
- Advanced Protection Suite: Includes a daily drawdown circuit breaker and an equity latching system to secure profits and protect account capital.
- Operational Flexibility: Offers four distinct trading modes, allowing the system to adapt to both trending and ranging market environments using limit or stop orders.
- Stealth Technology: Supports hidden Take Profit and Stop Loss levels to prevent price manipulation and slippage in fast-moving markets.
- Interactive Dashboard: Provides real-time status updates, current drawdown statistics, and one-click controls for pausing the system or closing all active positions.
- Integrated News Filter: Helps avoid trading during high-impact economic events that can cause unpredictable market volatility.
Strategy Parameters
The parameters are organized into logical blocks to allow for precise customization based on your trading style and risk tolerance.
Strategy Settings
- Trading Mode: Select between Limit Follow, Limit Reverse, Stop Follow, or Stop Reverse execution styles.
- Fixed Lots: The volume for each individual trade when money management is not used.
- Pending Distance (Points): The distance from the calculated Fibonacci level where pending orders are placed.
- Fibonacci Lookback Bars: The number of historical bars used to calculate current Fibonacci zones.
Indicator Confluence
- Signal Timeframe: The timeframe used for calculating indicator signals.
- RSI Period: The period for the Relative Strength Index filter.
- MA Period: The period for the trend-following Moving Average.
- Bollinger Period: The period for volatility analysis via Bollinger Bands.
- Bollinger Deviation: The standard deviation setting for Bollinger Band boundaries.
Protection and Risk
- Max Daily Drawdown %: The percentage of equity loss allowed per day before the circuit breaker closes all trades.
- Profit Latch %: Automatically secures a percentage of account growth to protect realized gains.
- Stealth TP/SL: Enable hidden exit levels that are managed internally rather than sent to the broker server.
- Trailing Stop (Points): Distance for the automated trailing stop-loss mechanism.
- Basket Take Profit ($): The target profit in currency for a group of open positions.
Visuals
- Dashboard Corner: Choose the corner of the chart where the information panel is displayed.
- Text Color: Custom color for the dashboard text and statistics.
Important Information
To ensure optimal performance, it is recommended to run Fibonify on accounts with low spreads and high-quality execution. The system is fully compatible with the Strategy Tester, allowing you to verify the logic on historical data before deployment on live accounts. All necessary support is provided exclusively through the MQL5.com messaging system and product comments section.
