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Fibo Trader PRO is an MT5 expert advisor that builds a dynamic grid around Fibonacci retracement levels of price swings. It runs automatically or from a manual panel, with filters, trailing and stop loss options.
Get one message the moment it launches, with its price.
Fibo Trader PRO is an expert advisor for MetaTrader 5 that trades price oscillations using Fibonacci retracement levels. Instead of placing a single order, it builds a grid of positions that is created and adjusted dynamically as the market moves, and it can run on its own or alongside your manual decisions.
The expert measures swings in price and uses retracement percentages to decide where to hold, add to or close positions. A first position is opened at the base lot size, and further supportive positions can be added up to a limit you set. The average position is then managed against a chosen Fibonacci level, and the whole group is closed when the target retracement is reached.
In automatic mode the expert opens and manages positions by itself using the inputs you have set. In manual mode a graphical panel appears on the chart. You can use it to change current trading conditions, for example loosening the required move strength during a quiet session to allow more trades, or to trade by hand whenever you prefer.
The expert is designed for symbols that tend to swing back and forth, most commonly forex pairs. No single timeframe is required. Because the behaviour depends on the move size and the filters, you should optimise and forward test each symbol and timeframe separately instead of copying one set of values across all of them.
The inputs are grouped into trade module, trade size, Fibonacci positioning, filters and stop loss. The table lists the main groups. Check the inputs tab and the supplied documentation for default values and permitted ranges, as they are not repeated here.
| Group | What it controls |
|---|---|
| Trade module | Automatic mode or manual panel |
| Trade size | Base lot, maximum supportive positions, money management, martingale factor, one-direction block, magic number |
| Fibonacci positioning | Hold level, allowed slip, close level, minimum move in pips, trailing stop, reset of unused trends |
| Filters | Moving average cross, channel range and refresh |
| Stop loss | Percentage stop, points per base lot, reset of trading after a stop |
Grid methods can hold several positions against a move at once, and a martingale factor increases position size as the grid deepens. Both raise exposure. Keep the base lot small relative to your balance, set a stop loss, and limit the number of supportive positions.
Trading carries risk, and past results, including any backtest, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
For continuous operation, many users run the expert on a VPS so that the terminal stays connected. Always confirm that the broker's symbol settings, spreads and lot steps suit the values you have chosen.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Grid, Momentum, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated, with manual panel) |
| Trade style | Grid, momentum, support and resistance |
| Markets | Forex pairs and other symbols; test on your own broker's symbols |
| Timeframes | Not fixed; choose and optimise per symbol |
| Position sizing | Base lot, money management, optional martingale factor |
| Risk controls | Stop loss in percent or points, trailing stop, one-direction block |
| Requirements | MT5 terminal, algo trading enabled, VPS recommended for continuous use |
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No. This listing is the MetaTrader 5 build and will only run in an MT5 terminal. An MT4 account or terminal cannot load it.
It is not tied to a particular broker. It needs an MT5 account that allows expert advisors and, for grid use, multiple positions per symbol, which is normally a hedging account. Check your broker's account type and the symbol specifications before running it live.
The approach is built around optimising the settings first in the Strategy Tester and then running the result in automatic mode. Presets that suit one symbol or period may not suit another, so test each market you plan to trade.
Yes. The manual panel lets you take control of trading conditions at any moment, and you can switch off automatic mode using the module option in the inputs.
Grid systems can be hit hard by sudden moves. It is sensible to disable the expert around major scheduled events such as central bank decisions or employment reports, and to review your open positions beforehand.
Start with the base lot size, the maximum number of supportive positions, the Fibonacci hold and close levels, the filters and the stop loss options. Confirm the exact defaults and ranges in the inputs tab and in the documentation supplied with the product.
Fibo Trader PRO MT5
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