Strategies / Pattern / Fibonacci Level Confluence Trend

Fibonacci Level Confluence Trend

This idea trades when price sits near a cluster of Fibonacci retracement levels from several lookback windows, going long above the 50-period EMA and short below it. Each trade has a 1.5% stop and a 3% target from entry.

PatternLong & shortSwingGold1 hour

1.18Profit factor

4,012Net profit EUR

35.73%Win rate

1,388Trades

-949Max drawdown

2.89Avg trade

Best run of 18. Gold, 1 hour, spread 0.6, from run pf:2026-10-04-GOLD-1h.tsv:1.

Entry rules, long

The close is above the 50-period EMA.

Entry rules, short

The close is below the 50-period EMA.

Exit rules

A target 3% from entry closes the trade.
No reversal is coded, and signals are ignored while a trade is open.

Test conditions

Period	Up to 2026-10-04
Instrument	Gold, 1 hour
Spread	0.6 points
Starting capital	1,000,000
Costs	Spread only. Commissions and overnight financing are not included.
Bars	Up to 200,000 bars, fewer where the instrument has less history
Last tested	2026-10-04

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
GoldBest run	1 hour	1.18	1,388	35.73	4,012 EUR	-949
USD/JPY	Daily	n/a	971	36.25	2,365,400 USD	-661,610
EUR/USD	Daily	n/a	930	36.24	136,002 USD	-53,378
Silver	10 min	n/a	1,454	34.46	40,659 USD	-12,485
EUR/USD	1 hour	n/a	531	34.65	37,775 USD	-32,353
Silver	2 min	n/a	836	36.00	34,799 USD	-14,111
Silver	15 min	n/a	1,940	34.38	34,228 USD	-13,705
Dow Jones	Daily	n/a	2,265	32.05	23,670 EUR	-11,182
Silver	5 min	n/a	1,088	34.47	18,560 USD	-18,161
Silver	3 min	n/a	934	34.05	17,769 USD	-17,124
Nasdaq 100	5 min	n/a	229	38.86	11,374 EUR	-6,175
Gold	15 min	n/a	527	39.47	4,010 EUR	-1,161
Gold	5 min	n/a	281	38.79	2,854 EUR	-946
Gold	10 min	n/a	412	37.38	2,537 EUR	-1,023
Gold	4 hours	n/a	1,267	34.89	2,007 EUR	-1,069
Gold	3 min	n/a	219	38.36	1,848 EUR	-1,209
Gold	30 min	n/a	1,053	34.38	1,053 EUR	-1,042
Gold	2 min	n/a	217	35.94	978 EUR	-970

Charts

Results by run

Top 10 of 18 runs. The full list is in the table above.

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// Fibonacci Level Confluence Trend
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Pattern
// Direction: Long & short
// Timeframe tested: 1 hour
// ==============================================================

DEFPARAM CumulateOrders = false

tol = 0.005
cnt = 0

hia = highest[20](high)
loa = lowest[20](low)
rnga = hia - loa
lvl = hia - 0.236 * rnga

83 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on the code block.
In ProRealTime, open a chart of the instrument and timeframe you want to test, then open ProOrder > New trading system and choose "Create with programming".
Paste the code, give the system a name and save it.
Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

EMA

Read this firstKnown weaknesses2 points

A profit factor of 1.18 leaves little room for costs beyond the spread.
Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run Fibonacci Level Confluence Trend in ProOrder?

Yes. The code is ProBuilder and runs as an automated ProOrder system. Backtest it on your own account with your own spread and position size before trading it live.

Which markets was it tested on?

It was tested on 18 market and timeframe combinations. The best run was Gold, 1 hour, with a profit factor of 1.18 over 1,388 trades.

How large was the drawdown?

The best run had a maximum drawdown of 949 EUR at the tested position size, against a net result of 4,012 EUR.

Does it trade long, short or both?

It trades both long and short.

Reversal Pattern With Chaikin Volatility

Uses the same indicator.

2.26 PF · 6,872 trades

CCI Breakout

Best run on the same market, Gold.

1.08 PF · 6,065 trades

Stochastic Reversal With Smart Money Index

Also a pattern strategy.

1.18 PF · 1,911 trades

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Past backtest results do not guarantee future results. This is not financial advice. Curated and maintained by ProRealAlgos. ProRealTime™ is a trademark of ProRealTime SAS. prorealalgos.com Stats Docs