FiboAnchor Pro

FiboAnchor Pro

FiboAnchor Pro is a dual-direction Fibonacci projection system for MetaTrader 5 that replaces guesswork-based swing detection with deterministic, candle-position anchoring. Instead of relying on auto-detected swing highs and lows that shift and repaint as new bars form, FiboAnchor Pro builds its Fibonacci grid from precise, user-defined reference points — a specific candle number within a specific trading day, on a specific timeframe. This gives every projection a fixed, repeatable anchor that does not redraw once it is set, making it suitable for traders who need consistent, session-based reference levels rather than reactive pivot chasing.

The indicator runs two independent Fibonacci engines side by side. The first builds the Entries and Stop-Loss projection from a fast timeframe such as M5, plotting both an upward and downward projection simultaneously from the same anchor pair. The second, optional engine builds a separate Take-Profit projection from a higher timeframe such as H1, allowing entry timing and profit targeting to be calculated from different market structures entirely. If the custom take-profit projection is disabled or not yet available, the system automatically falls back to the entries projection, so the tool always has a valid reference grid to work from. An engulfment override can also be applied to either projection, letting the anchor selection adjust automatically when a clear engulfing candle pattern appears between the two reference candles.

On top of the dual Fibonacci grid sits a full signal engine with five independent buy slots and five independent sell slots. Each slot is configured through its own entry level, direction, close condition, maximum price variance filter, take-profit source and level, minimum-touches-before gating, and pip-based stop-loss and take-profit offsets. This allows a trader to run five distinct buy strategies and five distinct sell strategies concurrently on the same chart, each targeting a different Fibonacci confluence with its own risk parameters, without any slot interfering with another. Signals are marked directly on the chart with arrows and labels for entries, stop-losses, and take-profits, and all daily state resets automatically at the start of each new trading session.

FiboAnchor Pro was built for traders who use fixed intraday reference points rather than floating swing structures, and for developers who want a Fibonacci signal source with clean buffer output for downstream Expert Advisor integration. Every buy and sell slot publishes its entry price to indicator buffers in real time, making the tool equally useful as a standalone visual signal system or as the signal core for an automated strategy.