Fibonacci Sniper XAUUSD

GOLD FIBONACCI SNIPER M5

Description

GOLD FIBONACCI SNIPER M5 is a professional MetaTrader 5 indicator specially developed for XAUUSD (Gold) on the M5 timeframe.

The indicator uses Fibonacci retracements combined with trend analysis, volatility filters, candle rejection patterns, and market strength confirmation to identify high-probability entry opportunities.

The system automatically detects retracement zones between the 38.2, 50, and 61.8 Fibonacci levels, which are commonly considered institutional reaction areas.

When all setup conditions are met, the indicator displays visual BUY or SELL signals directly on the chart and can generate real-time sound alerts.

How the Indicator Works

The indicator automatically performs the following processes:

  • Detects strong market swings.

  • Calculates Fibonacci retracement levels automatically.

  • Identifies high-probability retracement zones.

  • Analyzes higher timeframe trend direction (M15).

  • Uses ATR to validate market volatility.

  • Filters signals using candle rejection and volume confirmation.

  • Displays BUY and SELL arrows on the chart.

  • Generates sound alerts and notifications.

Main Advantages

  • Fully automatic operation.

  • Specifically optimized for XAUUSD.

  • Ideal for scalping and intraday trading.

  • Clean and user-friendly interface.

  • Built-in information panel.

  • Real-time sound alerts.

  • Trend filter to avoid low-quality signals.

  • Volatility filter for better market conditions.

  • Institutional Fibonacci retracement logic.

  • Easy to use even for beginners.

Recommended Timeframe

  • M5 (recommended)

Recommended Symbol

  • XAUUSD (Gold)

Indicator Features

  • Automatic Fibonacci levels

  • Entry zones

  • BUY and SELL signals

  • Information panel

  • Sound alerts

  • ATR filter

  • Trend filter

  • Volume filter

  • Candle confirmation

Input Parameters

TrendTF

Defines the higher timeframe used for trend analysis.

SwingLookback

Number of candles used to detect the latest significant market swing.

MinSwingDistancePoints

Minimum swing distance required for Fibonacci validation.

FastEMA

Fast EMA period used in trend analysis.

SlowEMA

Slow EMA period used in trend analysis.

TrendEMA

Main EMA used as directional filter.

UseTrendFilter

Enables or disables the trend filter.

UseATRFilter

Enables or disables the ATR volatility filter.

ATRPeriod

ATR calculation period.

MinATRPoints

Minimum ATR value required for signal generation.

MaxATRPoints

Maximum ATR value allowed for signal generation.

UseVolumeFilter

Enables or disables the volume filter.

VolumeLookback

Number of candles used for average volume calculation.

VolumeMultiplier

Minimum volume multiplier required for signal validation.

FibZoneTolerancePoints

Tolerance distance around the Fibonacci zone.

SignalScoreMinimum

Minimum score required to generate a valid signal.

DrawFibLevels

Enables or disables Fibonacci level drawing.

DrawEntryZone

Enables or disables entry zone visualization.

ShowPanel

Shows or hides the information panel.

EnableSoundAlert

Enables or disables sound alerts.

SoundFile

Sound file used for alerts.

EnablePopupAlert

Enables popup alerts inside MetaTrader 5.

EnablePushNotification

Enables mobile push notifications.

Recommendations

For best performance:

  • Use the indicator on XAUUSD.

  • Use the M5 timeframe.

  • Avoid trading during high-impact news events.

  • Always use proper risk management.

  • Wait for candle confirmation before entering trades.

Risk Warning

Trading financial markets involves risk. No system or indicator can guarantee profits or future results.


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Atomic Analyst — MetaTrader 5 Message me on MQL5 after purchase to receive Smart Universal Expert Advisor for FREE, plus the online course, PDF manual, and private group access. Atomic Analyst brings price action, trend direction, entry and exit signals, Stop Loss and multiple Take Profit levels together on your chart. SEE THE SIGNAL. UNDERSTAND THE SETUP. Atomic Analyst organizes its analysis into clear visual information: • Buy and sell arrows to identify potential entries. • Stop Loss and mul
Market Structure Order Block Dashboard MT5
Prime Horizon
5 (9)
Indicators
Market Structure Order Block Dashboard MT5 is an MT5 indicator designed for traders who want to read market structure and the main price reaction zones directly on the chart. It combines BOS, ChoCH, Order Blocks, Fair Value Gaps (FVG), Liquidity, Kill Zones, Volume Profile, and a compact dashboard for quick analysis. This indicator targets traders who use market structure, ICT and Smart Money concepts as a decision framework. It can help spot trend continuations, possible reversals, price imbala
RangeXpert Plus
Steve Rosenstock
Indicators
CLICK HERE TO SEE ALL MY FREE PRODUCTS When one chart is not enough to judge a breakout — because the next timeframe up may already tell a different story — RangeXpert Plus shows you all your timeframes at once . Developed by me as the multi-timeframe extension of my free indicator RangeXpert , it draws the RangeXpert signal, levels and zones on your chart and adds a panel with one row per timeframe , each calculated independently on the closed bars of its own timeframe. Every row shows the di
Smart Price Action Concepts MT5
Issam Kassas
4.36 (22)
Indicators
Smart Price Action Concepts — MetaTrader 5 Message me on MQL5 after purchase to receive Smart Universal Expert Advisor for FREE, plus the online course, PDF manual, and private group access. See the structure. Identify the zones. Build your trading plan. Bring Smart Money Concepts (SMC), ICT-style analysis and price action together in one organized chart. Identify market structure, order blocks, liquidity reference levels and imbalances, then choose which elements to display through the Smart Pa
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