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FiboRetracement — Trend Indicator

FiboRetracement

Trend Indicator

100% Free

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Runs on MetaTrader 5 on a computer · 41 KB

It plots the main Fibonacci levels automatically (23.6%, 38.2%, 50%, 61.8% and 100%) to help you locate retracement, reversal and continuation points on the chart. It works on all pairs and on all timeframes.

PlatformMetaTrader 5

PriceFree

Yakuzza test result

We ran this indicator in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026. It loaded and ran without errors.

How to install

Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.

Library last updated: 2026-10-18

Questions about FiboRetracement

Is FiboRetracement free?

Yes. FiboRetracement is free to download on Yakuzza, with no subscription and no card. You only need a free account to download it.

Does FiboRetracement work on MT4?

No. The file in our library is built for MetaTrader 5 (.ex5), so it will not load in MetaTrader 4. MetaTrader 5 is free from your broker.

Which symbol and timeframe should I use?

The developer does not list fixed settings. We tested it on XAUUSD M15, so that is a safe place to start on a demo account.

Has FiboRetracement been tested?

Yes. We ran it in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026 and it ran without errors.

Guides that help with this tool

How to install an indicator on MetaTrader 5 Moving averages and their limits Which timeframe suits you? All Trend indicators Compare them all in one table