Phoenix Auto Fibonacci Monitor: Automated MT5 Trading with Verified Results

This Review includes an in-depth 2026 analysis of Phoenix Auto Fibonacci Monitor performance and strategy behavior on live and demo MT5 accounts. Phoenix Auto Fibonacci Monitor stands out by combining higher-timeframe pivot detection with ATR-based confirmation to filter noise and highlight dominant market swings. The developer, PHOENIX GLOBAL INVESTMENTS LTD, has designed the indicator to plot intelligent Fibonacci retracements on the active chart and to update levels as new swings are validated, providing a continuous visual dashboard for decision-making. The algorithm works by scanning candles on user-selected higher timeframes to identify pivot highs and lows, then applies an ATR threshold to ensure moves are significant. Once a swing is validated, the tool projects Fibonacci retracement and extension levels and flags confluence with moving averages or support and resistance zones when configured. Phoenix Auto Fibonacci Monitor is optimized for trending environments where retracements produce high-probability entries, but parameters allow better filtering in sideways markets. Risk controls are embedded as recommended settings rather than hard stops; users must define position sizing and stop distance based on the plotted levels. Expected performance characteristics include moderate trade frequency, higher win rates on H4/D1 setups, and lower activity on small timeframes. Across multiple symbol tests, Phoenix Auto Fibonacci Monitor reduced false entries compared with simple retracement detection, making it a practical tool for disciplined MT5 traders who value transparency and adjustable risk controls.