ALYAS Professional FIBO MT5

ALYAS Professional FIBO MT5 is a professional Fibonacci analysis indicator for MetaTrader 5, designed to make Fibonacci retracement and extension analysis faster, cleaner, and more flexible.

The indicator combines automatic swing detection with a fully interactive manual Fibonacci mode, allowing traders to quickly analyze market structure and project important Fibonacci levels directly on the chart.

Whether you prefer automatic analysis or complete manual control, ALYAS Professional FIBO MT5 provides a simple and practical interface for working with Fibonacci levels.

Key Features

🔹 Automatic Fibonacci Mode

The indicator automatically analyzes recent price data and searches for significant Swing Highs and Swing Lows using configurable parameters.

It then automatically draws the Fibonacci structure between the detected market swings.

You can control:

• Lookback Bars

• Fractal / Swing Depth

• Fibonacci colors

• Line width

• Line style

• Price display

• Right-side ray

• Background display

This allows the automatic Fibonacci calculation to adapt to different markets and trading styles.

🔹 Manual Fibonacci Mode

For traders who prefer complete control, the MANUAL mode allows you to create a Fibonacci structure directly from the chart.

Simply:

1. Select MANUAL

2. Click the first point on the chart

3. Move the mouse to preview the Fibonacci structure

4. Click the second point

The Fibonacci levels are then placed according to the selected price points.

This provides a fast and intuitive way to analyze your own chosen market swing.

🔹 UP / DOWN Direction Control

The built-in UP and DOWN buttons allow you to instantly change the Fibonacci direction.

This makes it easy to switch between bullish and bearish Fibonacci analysis without manually recreating the object.

🔹 Extended Fibonacci Levels

ALYAS Professional FIBO MT5 includes an extended set of Fibonacci levels beyond the traditional 0%–100%.

This extended structure can be useful when analyzing deeper retracements and potential price extension areas.

🔹 Clean Interactive Control Panel

The indicator includes a compact control panel directly on the chart with:

• AUTO

• MANUAL

• UP

• DOWN

• CLEAR

• RESET

The current operating mode and status are also displayed on the panel, making the tool easy to control without opening the indicator settings.

🔹 Automatic Swing Detection

The automatic mode uses configurable swing-depth logic to identify potential market turning points.

The Fractal Depth parameter allows traders to control how sensitive the swing detection is.

A smaller value can detect more local swings, while a larger value can focus on broader market structures.

🔹 Real-Time Manual Preview

When using manual mode, the Fibonacci structure dynamically follows the mouse position after selecting the first point.

This gives you a visual preview before selecting the second point, making manual Fibonacci placement faster and more intuitive.

🔹 Quick Clear & Reset

The CLEAR button removes the current Fibonacci structure instantly.

The RESET button restores the indicator to its default automatic operating state.

This makes it easy to switch between different analysis scenarios without removing and re-attaching the indicator.

How It Works

ALYAS Professional FIBO MT5 offers two main analysis methods.

AUTO Mode

The indicator scans the configured number of historical bars and searches for swing highs and swing lows.

After identifying the relevant market structure, it automatically creates the Fibonacci object and updates it when a new chart bar appears.

MANUAL Mode

Manual mode gives the trader direct control over the Fibonacci anchor points.

Select the first point on the chart, move the mouse to preview the second point, and click again to complete the Fibonacci structure.

The UP and DOWN controls determine the direction of the Fibonacci analysis.

Fibonacci Analysis

Fibonacci levels can provide useful reference points when studying:

• Market retracements

• Price extensions

• Swing structures

• Potential support and resistance areas

• Pullback zones

• Breakout analysis

• Trend continuation scenarios

• Market reaction areas

• Price targets

The extended positive and negative levels allow traders to continue their analysis beyond the standard Fibonacci range.

Designed For

ALYAS Professional FIBO MT5 can be used across different markets and timeframes, including:

Forex • Gold • Indices • Stocks • Futures • Crypto

It can also be incorporated into different trading approaches such as:

Scalping • Day Trading • Swing Trading • Price Action • Technical Analysis • Trend Trading

The appropriate settings depend on the market, timeframe, and trading methodology.

Fully Customizable

The indicator provides multiple input options to personalize the Fibonacci display and behavior.

You can customize:

• Automatic lookback period

• Swing detection depth

• Fibonacci colors

• Positive and negative level colors

• Line width

• Line style

• Price labels

• Right-side extension

• Fibonacci background placement

• Panel visibility

• Panel position

• Button dimensions

• Button colors

• Button text colors

This allows the indicator to fit different chart layouts and visual preferences.

Simple Workflow

AUTO

Let the indicator automatically identify the market swing and create the Fibonacci structure.

MANUAL

Choose your own two points directly on the chart.

UP / DOWN

Select the Fibonacci direction.

CLEAR

Remove the current Fibonacci structure.

RESET

Return to the automatic mode and restore the default analysis workflow.

Why ALYAS Professional FIBO MT5?

Traditional Fibonacci tools often require repeated manual adjustments.

ALYAS Professional FIBO MT5 combines automatic swing detection, manual chart interaction, extended Fibonacci levels, and a dedicated control panel into one lightweight MT5 indicator.

The result is a practical Fibonacci tool designed to help traders spend less time managing chart objects and more time analyzing price structure.

Important

ALYAS Professional FIBO MT5 is an analytical and technical-analysis tool. It does not guarantee profitable trades and does not provide guaranteed market predictions.

Fibonacci levels should be used together with your own market analysis, trading strategy, and appropriate risk management.

Turn Market Swings Into Structured Fibonacci Analysis.

ALYAS Professional FIBO MT5

Professional • Flexible • Interactive • Automatic & Manual

Support & Feedback

Thank you for using this indicator.

If you find it useful in your market analysis, your feedback is greatly appreciated. A review helps other traders discover the product and provides valuable feedback for future improvements and updates.

For questions, suggestions, or technical support, please feel free to contact me through the MQL5 platform.

Thank you for your support.