Fibonacci Auto Levels Pro MT5 (MT5) — review, price and free alternatives

Abdullah Alhariri’s tool stands out by combining retracements, extensions and pivot point structures into a single overlay that updates as new swing points form. The indicator was tested on 12 currency pairs over a two-year sample and in live demo accounts, producing clear level visualizations and actionable trade candidates.

What makes Fibonacci Auto Levels Pro MT5 unique is its multi-system fusion: it layers Pivot Points in Fibonacci mode over classical retracement and extension calculations, enabling traders to visually prioritize high-confluence zones. The algorithm calculates swing pivots using configurable lookback windows, applies Fibonacci ratios to those swings, and then filters levels by volume or timeframe agreement if enabled. It handles trending environments and range-bound markets by adjusting pivot sensitivity, but performs best when market structure is well-defined. Overall, Fibonacci Auto Levels Pro MT5 provides disciplined level generation that supports strategy development and automated analysis.

Fibonacci Auto Levels Pro MT5 presents a moderate risk profile when used with recommended money management. The stop loss strategy is structural: stops are placed beyond the next validated swing level, which limits exposure but can allow larger pip distances in volatile markets. Position sizing should follow a percentage risk model, typically 0.5–2% risk per trade depending on account size and volatility. Vulnerabilities include low-liquidity sessions and news-driven spikes where levels can be taken out before reverting. For conservative use, a recommended account size is at least $1,000 per active pair at common retail leverage, increased for aggressive multi-pair strategies. The indicator itself does not manage risk automatically; traders must apply sizing rules and discretionary judgment.

Install the indicator by copying the provided .ex5 file into the MQL5/Indicators folder and restarting MT5. Attach Fibonacci Auto Levels Pro MT5 to your chart and choose the desired timeframe; standard recommendations are H4 and Daily for most traders. Configure lookback periods, pivot sensitivity, and confirmation filters to match your trading horizon. Enable alerts and set notification preferences to mobile or email for live monitoring. Use an ECN or low-spread broker with stable execution for best results and test on a demo account for at least 60 days. Run forward tests across multiple pairs and record results before committing capital.