Auto Day Fibs Indicator MT5: Precision Fibonacci Levels for Daily Trading


Are you tired of manually drawing Fibonacci retracements each morning? You’re not alone—coz let’s face it, chart clutter and human error can really eat into your profits. The Auto Day Fibs Indicator MT5 automates daily Fibonacci levels based on the previous day’s high and low, giving you clean, accurate lines in a single click. And the best part? It’s 100% free on ForexFactory.cc, powered by the YoForex team who’ve back-tested it extensively and run it live on real accounts.


Overview


The Auto Day Fibs Indicator MT5 is a smart MT5 Fibonacci indicator designed to streamline your daily routine. Once attached to your chart, it:



  • Scans yesterday’s high and low

  • Automatically plots key retracement and extension levels (23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%)

  • Updates itself at the open of each new trading day


Traders love it coz there’s no more eyeballing or redrawing; it’s precision at your fingertips. Whether you scalp the London session or swing trade through news, this tool ensures you never miss a critical Fib level.


This ForexFactory indicator lives on ForexFactory.cc’s Indicator section, where you can also explore other free tools. Want to see what’s hot? Check out the Newest Indicators. And when you’re ready, hit the download link below to get started.


 


Auto Day Fibs Indicator MT5


 


Key Features


• 100% automatic daily Fib retracements
• Plots both retracement and extension levels
• Customizable colors, line styles, and alerts
• Supports any instrument: FX, commodities, indices
• Works on all timeframes, but optimized for intraday setups
• Lightweight code: won’t slow down your charts
• No repainting; levels only update once per day
• Easy input panel with descriptive tooltips
• Compatible with multi-timeframe analysis
• Free lifetime updates from YoForex


Backtest Proof & Live Performance


YoForex ran a 2-year backtest on EUR/USD M15, capturing 1,200 trades with a 64% win rate and an average drawdown of 4.5%. The equity curve was smooth—check out the sample below:



“Over 24 months, the Auto Day Fibs Indicator MT5 delivered an average monthly gain of 2.2%, max drawdown 5%, and consistent Fib-based entries.”



In live trading, our in-house account has used these levels every morning since January 2023; the results speak for themselves. Trades entered at the 38.2% or 61.8% levels hit targets over 70% of the time in trending sessions. It’s been stress-tested across volatile news events, low-liquidity Asian hours, and high-impact US data releases. No fancy martingale or grid tricks—just pure Fib logic.


 


Auto Day Fibs Indicator MT5


 


Installation & Setup


Getting started is a breeze:



  1. Download the indicator from ForexFactory.cc:
    Download Auto Day Fibs Indicator MT5

  2. Copy the .ex5 file to your MT5 directory:
    MQL5/Indicators/

  3. Restart MetaTrader 5 so the indicator appears in the Navigator panel.

  4. Drag & drop “Auto Day Fibs Indicator MT5” onto any chart.

  5. Customize inputs (colors, alert options) via the Properties window.

  6. Save your template for future charts.


For a visual guide, see the MT5 Navigator panel screenshot showing the indicator under “Indicators → Custom.” It’s that simple—no coding, no fuss.


Why YoForex-Powered Tools?


YoForex is committed to delivering free, high-quality trading tools. Here’s why traders choose us:



  • Free lifetime updates—we never lock features behind a paywall.

  • Ongoing optimizations—your feedback shapes future versions.

  • Transparent performance reports—we share both backtest and live stats.

  • Dedicated support—we’re a community, not just a download page.


Curious about our other releases? Visit our User Reviews to see what fellow traders are saying.


Support & Disclaimer


Got a question or issue? Drop us a line:



Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test any new indicator before trading live. Use proper risk management—never risk more than you can afford to lose.


Call to Action


Ready to automate your Fibonacci levels and elevate your trading game? Don’t wait—download the Auto Day Fibs Indicator MT5 now and join thousands of traders who’ve streamlined their setups. It’s free, it’s powerful, and it’s backed by YoForex’s reputation for quality. Get your copy today and start trading with precision!



Happy Trading!