SMC Fibonacci OTE — Break of Structure & Optimal Trade Entry Indicator for MetaTrader 5
SMC Fibonacci OTE automates the part of Smart Money trading that is fiddly to do by hand: it detects the break of structure, anchors a Fibonacci retracement to the swing that caused it, shades the Optimal Trade Entry zone, and hands you a complete trade plan — entry, stop loss and three take-profit levels.
Signals are confirmed on bar close and do not repaint.
What it does
- Detects the break of structure and marks it
- Auto-anchors the Fibonacci retracement to the triggering swing, updating dynamically as price moves — no more re-dragging the tool every time structure shifts
- Shades the OTE zone — the 0.618 to 0.786 retracement band by default, with adjustable boundaries
- BUY / SELL markers with the complete set of levels attached
- Tracks the outcome — shows which targets were hit and marks setups that were invalidated
On the chart
- Alerts via terminal popup, push notification, email and sound
- Six publishable indicator buffers so an Expert Advisor can read the levels directly
Configuration
Structure sensitivity, which Fibonacci levels are visible, OTE shading toggle, stop buffer percentage, take-profit extension multipliers, alert channel selection, colour customisation and dashboard display options.
Requirements
- MetaTrader 5
- Any symbol, any timeframe
Delivery and licensing
Sold, licensed and delivered through the MQL5 Market, including activations, automatic updates and the MQL5 buyer guarantee. A free demo is available.
