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Auto Fibo Retracement MT5

FREE

Published: 8 March 2023

Current version: 1.5

Auto Fibo Retracement MT5

Indicators
Nguyen Tuan Son
Version: 1.5
Updated: 5 September 2025

Auto Fibonacci Retracement Indicator — Flexible and Reliable

This isn’t just another Auto Fibonacci Retracement indicator. It’s one of the most flexible and dependable tools available. If you find it useful, please consider leaving a review or comment — your feedback means a lot!

Check out my other helpful tools below:

Smart Alert Manager - Set up advanced alerts and send them to Mobile, Telegram, Discord, Webhook...
Timeframes Trend Scanner - Scan the trend of assets in difference timeframes with multiple indicators
Market Trend Scanner - Scan the trend of multiple-assets in with multiple indicators
Currency Strength Meter - Calculate relative currencies strength

Note: From version 1.4, we support up to 10 levels as requested. Level 8, 9, 10 have negative values by default. Change them to positive values to show them in the chart.

Key Features

Automatically calculates up to 7 customizable Fibonacci levels based on your chosen timeframe.
Fully adjustable levels to fit your trading style.
Choose to calculate using High/Low prices or Open/Close prices (helps reduce noise in some cases).
Option to freeze levels, preventing recalculation as the chart moves.
Keep the starting point fixed while recalculating the ending point dynamically.
Auto-recalculation within a fixed frame for consistent analysis.
Customize the line color, style, and thickness of each Fibonacci level for easy identification.
Extend Fibonacci lines to the right and/or left for better chart visibility.
Position level information (level and value) on either side of the lines.
Toggle display of level prices on/off.

Settings Explained

Frame: Number of candles to look back for Fibonacci calculation.
UseOpenClosePrice: Use Open/Close prices instead of High/Low to reduce noisy signals. Note: This may cause some recalculations and redraws, which is intentional.
FreezeMode: Freeze Fibonacci levels on initialization to prevent recalculation as the chart moves.
KeepStartingPoint: Locks the starting point of the frame, useful to maintain trend reference unless the main trend reverses.
Level1 to Level7: Set Fibonacci levels; entering a negative number to hide that level.
ExtendLeft / ExtendRight: Draw Fibonacci lines to the far left and/or right of the chart.
ShowLevelPrice: Display the price next to each Fibonacci level.
InfoOnLeft: Move level info (price and level) to the left side.
Colors tab: Customize color, line style, and thickness for each Fibonacci level.

How to Use

Simply attach the indicator to your chart by clicking its name. Adjust settings as needed using the options described above.

What You’ll See on the Chart

A trend arrow shows the main market direction — green for bullish, red for bearish.
Up to 7 horizontal lines represent the Fibonacci retracement levels, each in a distinct color.
Each line is labeled with its Fibonacci level and corresponding price.

If you have questions or need support, feel free to leave a comment!

more...

384

TT77IRL 2025.06.03 17:15 #

Absolutely 100% Good job!

Ринат 2025.04.25 09:24 #

Great job! It makes trading much easier. He began to actively use it. Thanks for the excellent indicator!

120

Igor Spodin 2025.04.18 23:52 #

Hi, working well, thanks for your indicator. Bye

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Cesar Ruiz 2025.11.12 16:26 #

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384

TT77IRL 2025.06.03 17:15 #

Absolutely 100% Good job!

Ринат 2025.04.25 09:24 #

Great job! It makes trading much easier. He began to actively use it. Thanks for the excellent indicator!

120

Igor Spodin 2025.04.18 23:52 #

Hi, working well, thanks for your indicator. Bye

104

DDDD7777777PPPP 2025.02.12 19:43 #

Agradável!

PhanHuyThanh887 2025.01.19 13:30 #

works well

853

Yassou Kalimera 2025.01.15 14:11 #

Hi, working well, thanks for your indicator. Bye

Vicente Fernandez Enriquez 2025.01.08 13:56 #

User didn't leave any comment to the rating

704

Irusel 2024.11.13 14:09 #

отлично рекомендую

655

ussr12 2024.10.28 17:38 #

User didn't leave any comment to the rating

Tumelo Tshabalala 2024.10.02 10:09 #

It is reliable and find it accurate 90% of the time. I would love if the developer can help me to customize it according according to my needs to change the coordinates. I use fib 100% of the time in my trading.

111

50712345 2024.09.17 07:22 #

Splendid. It has colors for levels and is very accurate

[Deleted] 2024.05.19 04:33 #

User didn't leave any comment to the rating

177

Michel 2024.03.14 17:35 #

Very nice thanks. I only noticed it has some trouble with very big wicks. But in normal conditions its perfect for me!