FibRetrace
- Experts
-
CAPE ZEAL, INC.
I'm Matthew Dubin, a systematic trader and MQL5 developer based in the US.
I only publish EAs I'd run on my own capital. Everything is validated on 100% tick-quality backtests with realistic risk management, and I'm upfront about drawdowns and limitations. No inflated promises. - Version: 2.11
- Updated: 6 October 2026
- Activations: 5
Intraday Fibonacci pullback trading for MetaTrader 5. No grid, no martingale, a stop loss on every trade.
FibRetrace waits for a trending market to pull back into a Fibonacci retracement zone, then trades in the direction of the trend. Every position opens with a stop loss and take profit sized to current volatility, and by default all positions close at the end of your trading session.
Free companion indicator: FibRetrace Zones draws Fibonacci retracement zones on your chart, so you can follow the price areas the EA trades.
Key features
- Trades pullbacks with the trend, not against it
- Built-in filters skip weak setups and abnormal market conditions
- Stop loss and take profit adapt to volatility, with a minimum reward-to-risk check
- Optional trailing stop
Risk controls
- One position per symbol; no grid, martingale or averaging
- Maximum trades per day and minimum wait between entries
- Trading hours, weekday selection and spread filter
- Automatic close at session end
Recommended setup
- Timeframe: H1
- Symbol: EURUSD (backtested). Test other pairs before live use.
- Minimum deposit: $500. $1,000 or more recommended for the default 0.10 lot size.
- VPS recommended so the EA runs without interruption
- Attach to one chart. Default settings are ready to use.
Backtests
The screenshots show EURUSD backtests in the MetaTrader 5 Strategy Tester. They are historical test results, not live performance, and depend on the test period, settings and broker costs.
Verified results
Profit factor 2.11 in sample, over roughly one year on EURUSD H1, 75 trades. Profit factor 1.7 on out-of-sample data the strategy was never optimized on.
Prop firm use
The fixed stop loss, daily trade limit and session close can help with evaluation rules. Check your provider's rules before use. Passing an evaluation is not guaranteed.
Support
Message me on MQL5 for help before or after purchase. Buyers can request a suggested .set file for their broker.
Trading involves risk. Backtest and demo-test your settings before trading live. Past results do not guarantee future performance.

