{
  "id": 7835,
  "rank": 1328,
  "name": "FibRetrace",
  "aka": [],
  "family": "E",
  "subtype": "E9",
  "one_liner": "Trades pullbacks in the direction of the trend using Fibonacci retracement zones on the H1 chart.",
  "market_regime": "trending",
  "timeframes": [
    "H1"
  ],
  "symbols": [
    "EURUSD"
  ],
  "sessions": [
    "weekday selection and spread filter"
  ],
  "indicators": [
    {
      "name": "FibRetrace Zones",
      "params": {},
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "Detects the latest swing leg and its Fibonacci retracement zone",
    "Trades only with the larger trend (EMA filter, can be turned off)",
    "Skips weak swing legs and abnormally large candles",
    "One limit order per swing leg; unfilled orders expire automatically"
  ],
  "entry_short": [],
  "exit_rules": [
    "Automatic close at session end"
  ],
  "filters": [
    "EMA filter",
    "trading hours",
    "weekday selection",
    "spread filter"
  ],
  "stop_loss": "based on market volatility, with a minimum reward-to-risk check",
  "take_profit": "not specified",
  "position_size": "default 0.10 lot size",
  "evidence_type": "backtest_shown",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/7835-fibretrace",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/market/product/194872",
  "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."
}
