FIB RETRACEMENT AND EXTESION.

Shared by a BacktestingMax trader on 1 Sept 2026, updated 4 Sept 2026

• Profit factor: 2.79
• Win rate: 53.8%
• Trades: 13
• Backtests: 2

I have been trading for over 7 months now and I have realised several things and mistakes. This is my first profitable strategy which has given me results over several multiple backtest sessions now. I use fib retracement , in a bullish or bearish trend market , any market , 1h for swings paired with 5m sniper entry on a rejection candle for high RR. or only 5m micro trend based entries for small 1:1 RR or sometimes 1:1.5 , works on any pair , currency pairs , gold and nasdaq , US30 and US100 especially. focusing on 1:1.2-3 gives high RR , entry on 0.618 level on a bullish and either for bearish. this strategy over 100 trades had over 55-60% win rate. With good risk management and proper entry levels on right Time can make money with this strategy.

Entry rules

1. FIND MICRO TRND ON 5M
2. BULLSIH OR BEARISH
3. ONLY RED TILL GREEN OR ONLY GREEN TILL RED CANDLE WORKS BEST IN TRENDS
4. DRAW FIB OVER THE HIGHEST REJECTION WICK TO THE LOWEST
5. SMALL MOVEMENT REVERSAL LEVEL : 0.618
6. BIG MOVEMENT REVERSAL LEVEL : 0.5

Stop loss and take profit

1. 1 AND 0 FOR 1:1
2. FOR A SLIGHT HIGH RR , AIM FOR 1:1.3 OR 1:1.2 , LEVELS ADJUSTED ACCORDINGLY.

Inside the app

Opening this strategy in BacktestingMax shows the full record behind the numbers above, on a free account: every trade with entry, exit, size and P&L plus CSV and Excel export; a bar-by-bar replay of the author's own session on 1-minute history; Monte Carlo projections that reshuffle the trade sequence; the equity curve against buy-and-hold; advanced statistics including Sharpe and Sortino ratios, expectancy, payoff ratio, recovery factor, maximum drawdown and longest time underwater; a day-by-day P&L calendar; and behavioural analysis covering revenge trading, position-size chasing, long/short bias and the hours and days it actually made money.

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Figures come from backtests run by the author inside BacktestingMax. Past performance is not indicative of future results, and nothing here is financial advice.