Market / MetaTrader 4 / Experts /

Friday Monday

140 USD

Demo downloaded: 498

Published: 17 October 2020

Current version: 1.8

Friday Monday

Experts
Konstantin Kulikov
Version: 1.8
Updated: 14 October 2024
Activations: 15

This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. This strategy do not contain grid and martingale elements.

I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account: https://www.mql5.com/en/signals/395124 .

Therefore, as an alternative or addition to the "Breakthrough Strategy" I created this Expert Advisor "Friday Monday", which has undergone high-quality optimization in the MT5 Strategy Tester over the last 4 years.

MT5 has the ability to test several currency pairs at the same time. For backtesting, you can use the MT5 version of the Expert Advisor, they are completely identical (except for the possibility of multicurrency testing): Friday Monday MT5. In real work, I recommend using a separate chart for each currency pair (with EA setting Use_Symbols_from_Line = false), since this is scalping and it is important to take into account each tick of each currency pair.

The sets are already built into the EA, so you just need to attach the EA to the chart of a currency pair of any timeframe (the result will be the same, the EA itself takes the required timeframes).

Currency pairs: EURUSD, GBPUSD, USDCHF, USDCAD, NZDUSD, USDSGD, EURGBP, EURJPY, EURCHF, EURCAD, EURNZD, GBPCHF, GBPAUD, GBPCAD, CHFJPY, CADJPY, AUDCHF, CADCHF, AUDNZD, NZDCAD.

If you use a set for trading several currency pairs from one chart, then make sure that all symbols from the "Line_Magics" parameter line are present in the "Market Watch" of the terminal. And also, if the symbols in the "Market Watch" have a suffix, then specify it in the "Symbol_suffix" expert parameter.

Let's see which sets perform better (old for "Breakthrough Strategy" or new for "Friday Monday"). I will combine them on one account to average the result and get more transactions in total. The "Breakthrough Strategy" and "Friday Monday" Expert Advisors are configured to see each other's trades and thus not open a trade if another Expert Advisor has already opened a trade on this currency pair *. This will protect the account from an excessive number of transactions.

* Sometimes, trades from both experts on the same pair will still be opened, when the opening of trades is too close in time, which does not allow determining a trade in the market in a timely manner. But this will rarely happen. There is also a limit on the total number of transactions for all pairs of all experts.

To activate the News filter, set the Use_NewsFilter=true parameter and add the news site to the MT settings (remove the space): https:// nfs.faireconomy.media

Pay attention to the useful information in my profile: https://www.mql5.com/en/users/test-standart

more...

1348

Jin Feng Ji 2021.12.21 09:21 #

我买了这个ea，效果挺好，有探讨ea的朋友可以加我qq，1015628411

2128

Plamen Ivanov 2020.10.19 21:10 #

Another great product! As always, Konstantin is kind and responsive and always ready to help. I've been using his products in the last couple of years and I can say that he is the only seller I can trust. I admire his will to constantly improve his products and help others benefit. Keep it up Konstantin, I'm sure that this product will bring an enormous amount of profitable trading days to your customers.

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This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. This strategy do not contain grid and martingale elements. I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account: https://www.mql5.com/en/signals/395124 . Therefore, as an alternative or addition to t

140 USD

Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following fu

FREE

An automated trading system with smart entry/exit algorithms that uses grid and martingale techniques to maximize profits. The expert has monitoring with a long history for many months, since this system, like all my other experts, is focused on long-term growth: https://www.mql5.com/en/signals/author/test-standart The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download settings (sets): https://www.mql5.com/en/blogs/post/747929 Description of EA parameters in comment

280 USD

The expert trades at the opening of the market after the weekend, focusing on the price gap (GAP). Already developed sets are in the comments. At the same time, various options are available in the expert settings, allowing you to create your own unique sets yourself. Download settings (sets): https://www.mql5.com/en/blogs/post/747929 Currency pairs for which the sets have been developed: GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY,

90 USD

FREE

280 USD

Tracking positions using trailing on the Parabolic SAR indicator. It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Parameters magic - magic number. If less than 0, positions with any magic number are tracked. only_this_symbol - only chart symbol. If false , posi

FREE

The utility places stop loss and take profit for opened orders. It is necessary to allow automated trading in the terminal settings. Parameters magic - magic number. If less than 0, orders with any magic number are processed. only_this_symbol - only chart symbol. If false , orders of any symbols are processed. Take_Profit - take profit (TP). If the value is less than 0, then TP does not change. If the value equal to 0, TP is nullified (removed); Stop_Loss - stop loss (SL). If the value is less t

FREE

Hello everyone, this is another utility that I wrote specifically for users using my profile with a large number of experts and sets ( https://www.mql5.com/en/blogs/post/750723 ) . This utility is useful for working with a profile using grid strategies (averaging and martingale). As we know, such strategies periodically fall into a large drawdown and you need to be careful when opening averaging positions (do not open too many). In my profile, I use a limit of 3 positions for each EA, if this w

FREE

This utility allows to record the spread value to the file, which is equal to or greater than the value specified in the settings, at the specified time. The utility also displays useful information on the symbol's chart: current spread value in points, name of account holder, name of trading server, leverage, the size of the swap for buy orders, the size of the swap for sell orders, day of the week for accruing triple swap, the size of a point in the quote currency, the minimum allowed level of

FREE

The utility places virtual (hidden from your broker) trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Parameters magic - magic number. If less than 0, positions with any magic number are tracked. only_this_sy

30 USD

280 USD

The utility places trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Parameters magic - magic number. If less than 0, positions with any magic number are tracked. only_this_symbol - only chart symbol. If false

30 USD

90 USD

280 USD

30 USD

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1348

Jin Feng Ji 2021.12.21 09:21 #

我买了这个ea，效果挺好，有探讨ea的朋友可以加我qq，1015628411

1304

tattila 2020.10.24 16:39 #

User didn't leave any comment to the rating

2128

Plamen Ivanov 2020.10.19 21:10 #

Version 1.8 2024.10.14

Internal adjustments to the news filter settings.

Version 1.7 2024.09.03

News sites have become more stable (pay attention to the MT5 version, there is an MQL5 calendar there, which eliminates breakdowns).

Version 1.6 2024.05.28

The site for the news filter has been changed. Find the new site in the product description and add it to the terminal settings.

Version 1.5 2024.03.16

A parameter has been added.
"Delay_in_milliseconds_at_open" - delay in milliseconds when opening a position.
The parameter is relevant when using this Expert Advisor with EA "Breakthrough Strategy" at the same time in order to avoid such positions on a single symbol. A value of 500 will definitely be enough.

Version 1.4 2024.01.11

Added parameters for the direction of trade: BUY_positions, SELL_positions.

Version 1.3 2023.04.07

The news site is back up and running.

Version 1.2 2023.02.19

Increased functionality.
1) parameters for limiting the number of positions with the same currency in different symbols.
2) news filter.
3) grid and martingale options.
4) the ability to trade several pairs from one chart.
Read more in the comment thread (posts dated February 19, 2023).

Version 1.1 2020.10.28

"GMT_Offset" worked incorrectly for brokers with server time other than + 2/+ 3 GMT.
Now EA works correctly on any brokers.
There are no changes in the EA's logic.