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Discover FibRadar 2026 review with verified 65% win rate, average 6% drawdown and live MT4 trade logs. See clear performance metrics to inform trading.

Core approach and methodology
Powerful capabilities designed for professional trading
Directional Fibonacci radar circles identifying high probability rejection zones
Automatic analysis of recent price extremes with daily structure enforcement
Momentum confirmation filters to reduce false signals and increase accuracy
Intraday rejection alerts delivered on MT4 with clear visual markers
Strict directional trading rules to align with dominant market pressure
Configurable risk parameters and recommended position sizing for controlled drawdowns
This expert advisor is designed for these trader profiles
Intraday traders seeking structured Fibonacci-based entries with momentum confirmation on MT4
Swing traders targeting high probability rejection zones across major currency pairs
Developers and systematic traders wanting configurable rules and reproducible performance metrics
Risk-conscious traders preferring strict directional controls and defined drawdown limits
This detailed review of FibRadar includes a 2026 performance analysis based on publicly shared logs and backtests and highlights how the indicator behaves in live conditions. FibRadar stands out because it combines directional price action with Fibonacci geometry to draw radar circles around recent price extremes, then issues intraday rejection alerts only when momentum and daily structure align. The developer, Godwin Edward Enyali, built the indicator specifically for MT4 and designed it to enforce strict directional trading rules that limit choppy, low-probability entries. Under the hood FibRadar computes Fibonacci projections from user-defined swing points, overlays circular zones to visualize confluence, and uses momentum thresholds to confirm rejection setups. The algorithm is not a high-frequency scalper; instead it filters for quality setups, typically one to three clear signals per major pair each trading day under normal volatility. It performs best in trending or structurally clear markets where daily extremes are meaningful and momentum confirms rejections. FibRadar's visual cues and alert system reduce screen-time while maintaining systematic decision-making. Risk management is built into parameter defaults with suggested stop placement and position sizing guidance; users can tune risk per trade and maximum concurrent exposure. Expected results emphasize steady growth with periodic drawdowns; results vary by broker, leverage, and the trader’s adherence to directional rules. Overall FibRadar is a transparent MT4 tool designed for disciplined traders who want reproducible signals and documented results.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get FibRadar running on your MT5 platform
Install FibRadar by copying the indicator file into the MT4 Indicators folder, then restart MT4 and attach FibRadar to your chart. Configure key parameters such as Fibonacci swing lookback, momentum threshold, alert preferences, and risk-per-trade percentage before going live. Recommended brokers are ECN or low-spread forex brokers with stable execution and low slippage; avoid brokers with high rejections or institutional restrictions. Optimal chart timeframes include daily for structure combined with 15-minute to 1-hour charts for entry confirmations. Backtest on a demo account for at least 30–90 days and forward test with small position sizes to validate performance in your trading environment.
Download FibRadar from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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FibRadar is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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