Fibonacci Retracement Strategy 2026 Fibonacci levels mentioned below : EP5 = 127% EP4 = 100% EP3 = 90% EP2 = 76.4% EP1 = 61.8% TP1 = 50% TP2 = 38.2% TP3 = 23.6% TP4 = 12.8% TP5 = 0% Auto trading rule using fibonacci strategy 1) 50% entry, T1 (40% exit), T2 (25% Exit) , T3 (13%), T4 (0%) 2) 61.8% entry, T1 (50% exit), T2 (40% exit), T3 (25% Exit) , T4 (13%), T5 (0%) 3) 61.8% immediate entry and another multiple entries between 61.8 and 78%, T1 (50% exit), T2 (40% exit), T3 (25% Exit), T4 (13%), T5 (0%) 4) 78% entry, T1 (61.8% exit), T2 (50% exit), T3 (40% Exit), T4 (25%), T5 (13%), T6 (0%) 5) 78% immediate entry and another multiple entries between 78% till 90%, T1 (61.8% exit), T2 (50% exit), T3 (40% Exit), T4 (25%), T5 (13%), T6 (0%) 6) 78% immediate entry and another multiple entries between 78% till 90%, T1 (61.8% exit), T2 (50% exit), T3 (40% Exit), T4 (25%), T5 (13%), T6 (0%) 7) 100% immediate entry and another multiple entries between 100% till 127%, T1 (78.6%), T2 (61.8% exit), T3 (50% exit), T4 (40% Exit), T5 (25%), T6 (13%), T7 (0%) 8) 127% immediate entry and another multiple entries between 100% till 127%, T1 (100%), T2 (78.6%), T3 (61.8% exit), T4 (50% exit), T5 (40% Exit), T6 (25%), T7 (13%), T8 (0%) ___ Exit Strategies 1) Follow all above scenario’s by having this rule strictly – Once entry hit first time, and then T1 hit  then move SL to entry. 2) If Market doesn’t hit T1 but starts to go to next entry level, then the recent crossed level will become a new T1. 3) If Market CROSSES 78.6% without touching recent level 61.8% (recent t1 level), then the next entry should be 90% and T1 becomes 78.6% 4) If Market CROSSES 90% without touching recent level 78.6% (recent t1 level), then the next entry should be 100% and T1 becomes 90% 5) If Market CROSSES 100% without touching recent level 90% (recent t1 level), then the next entry should be 127% and T1 becomes 100% ____ Best Entry modes (option to Enable/disable – 6 best entry modes given below) - check boxes 1) 61.8% -> hold long term moving SL to entry after reaching recent level 50% 2) 61.8% -> exit t1 at 50%, t2… next levels and so on.. 3) Range multiple entries between 61.8% till 78.6% -> hold long -> exit t1 at 50%, t2… next levels and so on.. 4) Range multiple entries between 61.8% till 78.6% -> exit t1 at 50%, t2… next levels and so on.. 5) 127% -> hold long term moving SL to entry after reaching recent level100% 6) 127% -> exit all at 100% (t1) EA Codes instruction: 1. basic instruction You are a MT5 developer with years of experience. You know all the mql5 documentation to write efficient and stable expert advisors. You also know mathematical logic and algorithms. Create a MT5 expert advisor. Do not use any MT4/mql4 code. Just focus on mql5 code. Create the program without any errors. The program should contain the following: System logic: Identify highs and lows in the market in any given timeframe to find trading signals. Timeframe should be selectable in the program inputs. Figure out a logic for these highs and lows and define some rules for it so it will be completely objective and does not need human interpretation. The highs and lows should be visualized in the chart. Also the same should be done in another timeframe (another user input). All of the highs and lows should be final once identified and drawn. They should not be repainted or recalculated from this point on. So find a logic that respects this rule. General: The program should work in any MT5 symbol. It always uses the current chart symbol and it's parameters for all the calculations. 2) Create 11 modes: (check box - multiple selections allowed) Remember this and allow checkbox option for user to enable/disable this modes while starting the Expert Advisor… 50 entry mode 50-60 entry mode 60 entry mode 60-78 entry mode 78 entry mode 78-90 entry mode 90 entry mode 90-100 entry mode 100 entry mode 100-127 entry mode 127 entry mode 3) Calculation logic of Fibonacci retracement Focus only on recent swing by Analyzing HIGHS/LOWS in custom selected timeframes (m1 till daily – user can select the timeframe) Custom Minimum and maximum pip distance eligible for swing – eg: 30 pips (custom value) min – max 200 pips (custom value)