Fibonacci Retracement EA
- Experts
- Versione: 1.93
- Aggiornato: 31 ottobre 2026
- Attivazioni: 7
Fibonacci Retracement EA for MetaTrader 5
Fibonacci Retracement EA is an Expert Advisor that shows Fibonacci-based trading logic directly on your chart. It builds a Fibonacci box from recent candles, shows where it is waiting to enter, and manages each trade with break-even and trailing stop rules.
It was built to help traders learn and test a rule-based approach. Please test it on a demo account before using real money.
How It Works
1. Fibonacci box: the EA finds the high and low of recent candles and draws the Fibonacci levels.
2. Trade direction: the EMA 200 filter allows Buy trades in an uptrend and Sell trades in a downtrend.
3. Entry: the EA can enter on a pullback around the middle of the box, or on a breakout beyond the box.
4. Stop Loss: placed just beyond the opposite side of the box.
5. Take Profit: 2x the Stop Loss distance by default.
6. Trade management: break-even, trailing stop and optional extra trades.
Main Features
- TradingView-style Fibonacci levels with price labels
- Entry zones, breakout levels and Stop Loss / Take Profit lines on the chart
- Live lines for open trades, updated as stops move
- Clear information panel with spread, filters and trade status
- Trend (EMA 200), strength (ADX) and momentum (RSI) filters
- Optional trading hours
- Three break-even modes: SL distance, points and step lock
- Trailing stop based on recent candles
- Optional extra trades after break-even
- Fixed lot or % risk lot sizing
- Automatic settings by timeframe
- Close All Trades button
Recommended Use
- Developed and tested mainly on XAUUSD M15
- Works on M5 and higher. On M1 the EA loads but does not open new trades
- Start with a demo account and a small lot size
- Check your broker's spread. The default Max Spread is 40 points, so symbols with wider spreads will not trade until you change this setting
- Other symbols and timeframes have not been tested as much. Test them yourself first
Main Settings
- EA ID (Magic Number): identifies this EA's trades
- Timeframe Settings: Auto is recommended
- Lot Size Mode: Fixed Lot or % Risk per Trade
- Fixed Lot Size: lot size in Fixed Lot mode
- Risk per Trade (%): risk in % Risk mode
- Max Spread Allowed (points): no new trades above this spread
- Take Profit (x SL distance): default 2.0
- Break-Even Mode: By SL Distance, By Points or Step Lock
- Break-Even at Profit (x SL distance): default 1.0
- Start Trailing at Profit (x SL distance): default 1.5
- Trade Direction: Buy and Sell, Buy Only or Sell Only
- Add Extra Trades When in Profit: on or off
- Show Info Panel: on or off
Fibonacci Box
- Extra SL Distance Beyond Box (pips)
- Box Size (candles): default 10
- Ignore Latest Candles: default 3
- Box Type: Fixed Bars is recommended. Market Structure is experimental and off by default
- Swing Strength and Min Swing Size: used only by Market Structure
Entry Filters
- Trend Filter (EMA 200)
- Trend Strength Filter (ADX)
- Overbought/Oversold Filter (RSI)
- Trade Only During Set Hours, with Start Time and End Time
Entry Rules
- Pullback Entries
- Breakout Entries
- Last Candle Must Match Trade Direction
- Allow Entry Before Candle Closes
- Max One New Trade per Candle
Trade Management
- Close Part of Trade in Profit, with trigger and amount. This needs a lot size large enough to split, so it does not work at 0.01 lot
- Extend Take Profit Automatically, with Extended TP Level
- Trailing Follows Last Candles
- Break-Even Buffer (x spread)
- Points and Step Lock settings
- Close Slow Trades, with candle limit and minimum profit
Extra Trades
- Max Open Trades
- Min Profit Before Adding (pips)
- Extra Trade Stop Loss (x ATR)
- Pull Older Trades' SL Up
- Manual settings for filters and waiting time
Display
- Show Fibonacci on Chart
- Show Entry Zone and SL/TP Lines
- Show Close All Button
- Panel position
What Is New in 1.93
- Entry zones and SL/TP lines on the chart
- TradingView-style Fibonacci levels
- New information panel
- Simpler settings, reduced from 83 to 54 inputs
- More reliable break-even and trailing stop
- Please review your settings after updating. ATR and fixed SL/TP modes, presets, basket management and higher-timeframe options were removed
Risk Warning
Trading Forex, Gold and other leveraged products carries a high risk of loss. This EA does not guarantee profit, and past results do not guarantee future results. Use it at your own risk. Test on a demo account first and never trade money you cannot afford to lose.
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