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FibRetrace Zones

FREE

Published: 2 October 2026

Current version: 1.1

FibRetrace Zones

Indicators
Matthew Dubin
Matthew Dubin
United States

452
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: 1.1

FibRetrace Zones

Fibonacci Retracement Zones of the Latest Swing Leg

FibRetrace Zones is the free visual companion to the FibRetrace Expert Advisor. It draws the Fibonacci retracement levels and highlights the pullback zone on the latest swing leg, so you can see where retracement entries line up — before you trade.

The zone is color-coded by direction: green for bullish setups, red for bearish setups. Works on any symbol and any timeframe, and confirmed bars never repaint.

KEY FEATURES

Automatic swing detection with adjustable lookback
Classic Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, 78.6%), each toggleable
Highlighted pullback zone with configurable colors
Direction color coding: green = bullish, red = bearish
Confirmed on bar close — no repainting; optional live update for the forming bar

HOW TO USE

Attach it to any chart. When price pulls back into the colored zone, that's where FibRetrace looks for its entries. Use the Fib lines to place your own manual pending orders.

The paid Expert Advisor: https://www.mql5.com/en/market/product/194872

COMPATIBILITY

MetaTrader 5, any broker, any symbol, any timeframe.

DISCLAIMER

A visualization tool — it does not trade. Always test on demo first and use proper risk management.

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Matthew Dubin