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Mona Lisa MT5

5

Mona Lisa MT5 Presets: Download >>

Mona Lisa for MetaTrader 4 >>

Mona Lisa MT5 is a unique and fully automated Trading Advisor. The system is based on its own trading strategy, which is based on both indicator-based Technical Analysis and Price Action principles. This makes the system flexible and adaptive for trading a large number of currency pairs and minimizes the chance of over-optimization.

Mona Lisa MT5 is a midnight trading scalper that trades for a short period of time during the rollover period in the Trading Channel when market volatility is low. When developing this Expert Advisor, the main problem that other midnight scalpers face is Market Execution and Sllipage, so the system uses only Limit-orders, the main feature of which is the most accurate execution. Thus, the impact of a high spread in rollover and high Sllipage is minimized.

The system is recommended for the following currency pairs:

  • AUDCAD, EURAUD, EURCHF, EURUSD, USDCHF (timeframe M5)

Mona Lisa MT5 is a protected by news filter which stops trading during the release of important news. To activate the news filter, allow WebRequest to the site:

https://ec.forexprostools.com/

Mona Lisa MT5 is a safe trading strategy and does not use dangerous trading methods like Grid and Martingale. All transactions are protected by Stop Loss and Take Profit. In addition, Take Profit is dynamic and moves closer to the price according to the movement of the trading channel.

The minimal recommended deposit is $50. In order to achieve stable perfomance it is highly recommended to use ECN accounts with a minimum spread and a commission per trade of no more than $7 per lot (the optimal commission size is $ 4-5 per lot).

Settings

Money management

  • Fixed lot - Fixed trade size
  • Percent of Loss - Trade size depending on the size of the maximum balance loss
  • Percent of Balance - Trade size proportional to balance
  • Risk Size - Money Management Value

Entry Settings

  • Triple Swap Protection - True - Do not open a deal during the period of accrual of a triple swap
  • Allow Monday Open Trading - True - Allow trading at the market open on Monday
  • Allow Friday Night Trading - True - Allow trading before the market closes on Friday
  • Stop Loss – Stop Loss size (pips)
Time Settings
  • First Start Hour - The beginning of the first trading interval
  • First End Hour - End of the first trading interval
  • Second Start Hour - The beginning of the second trading interval
  • Second End Hour - End of the second trading interval
Recensioni 1
Thibaut, Jean Jannoyer
1432
Thibaut, Jean Jannoyer 2023.02.04 11:44 
 

hi. I use mona lisa since one month, and till now i have good results with very low DD, must test on other pairs to have more trades. Thanks to the seller, he answers quickly, and helps me.

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Marzena Maria Szmit
4.35 (48)
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Daytrade Pro Algo MT5
Profalgo Limited
3.88 (8)
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Georgios Kalomoiropoulos
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Quantum StarMan
Bogdan Ion Puscasu
4.91 (77)
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Marzena Maria Szmit
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Gregory Hay
4.81 (16)
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Ivan Pochta
3.9 (21)
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Ivan Pochta
5 (1)
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Ivan Pochta
5 (1)
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5 (1)
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Ivan Pochta
4.5 (2)
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Ivan Pochta
5 (10)
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Crypto Suite EA MT5
Ivan Pochta
3 (2)
Crypto Suite EA MT5 - Is a fully automated Expert Advisor, which have been designed at  author's trading strategy for Crypto trading. Crypto Suite EA MT5 determines market volatility and momentum with the Standard Deviation indicator. Also EA use such technical indicators as: Standard Deviation to determine the price deviation, CCI, Stochastic and Moving Average to determine the trend. Based on the characteristics of the cryptocurrency market and the long-term upward trend, the system is designe
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Thibaut, Jean Jannoyer
1432
Thibaut, Jean Jannoyer 2023.02.04 11:44 
 

hi. I use mona lisa since one month, and till now i have good results with very low DD, must test on other pairs to have more trades. Thanks to the seller, he answers quickly, and helps me.

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