# Fibonacci Retracement EA

A trend-following strategy that uses Fibonacci retracement levels and EMA200 for entry and exit.

Canonical: https://prismaticalgos.com/compendium/algo/409-fibonacci-retracement-ea
Record ID: 409
Catalog rank: 2306 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.mql5.com/en/market/product/150096
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: EURUSD, XAUUSD, US30
- timeframes: H1, M30, H4
- sessions: Not specified
- market_regime: trending|ranging|volatile

## Indicators

- EMA: {"period": 200}; applied to: close
- ADX: {"period": 14}; applied to: close
- RSI: {"period": 14}; applied to: close

## Recorded long-entry rules

- price retraces to 61.8% Fibonacci level and crosses back over EMA200
- price breaks above 100% Fibonacci level with close confirmation

## Recorded short-entry rules

- price retraces to 61.8% Fibonacci level and crosses back under EMA200
- price breaks below 0% Fibonacci level with close confirmation

## Recorded exit rules

- breakeven at 1R (risk level)
- ATR trailing stop
- time-based exit with minimum R threshold

## Recorded filters

- ADX momentum filter with a period of 14 and a threshold of 20
- spread cap of 40 pips
- one-trade-per-symbol and one-trade-per-bar
- cooldown of 5 minutes
- min free margin of 5 USD
- risk percent of 0.5–1.0%
- ultra-safe mode

## Risk controls

- Stop loss: ATR-based, with a multiplier of 1.2
- Take profit: ATR-based, with a multiplier of 2.0
- Position sizing: fixed lot size, with a maximum of 1.0 lot