Good Monday EA MT4 v1.7 + SetFiles (Platform build 1455+)
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What is Good Monday EA?
Good Monday EA is a trading robot designed to take advantage of market gaps (price gaps) that often occur at the beginning of the trading week. It was developed to work with multiple currency pairs and has been fine-tuned over two years of live trading.
The EA automatically analyzes multiple time frames to identify potential trading opportunities and places orders at the market open on Monday. It comes with a pre-configured set for popular currency pairs and allows users to create their own custom settings.
🔶 Vendor website: Click here
About the Author
This product is compiled by Konstantin Kulikov. This author has more than +11 years of experience working on MQL5 with many famous products such as Good Monday EA MT4, Breakthrough Strategy EA, FrankoScalp EA and other products. Among them, Good Monday EA MT4 is his best performing product.
Good Monday EA Review
Key Features of Good Monday EA for MT4
🔹 Gap Trading Expertise: The EA is specifically designed to take advantage of market gaps that occur when the market opens after the weekend.
🔹 Multiple Timeframe Analysis: The EA automatically analyzes multiple timeframes to make informed trading decisions.
🔹 Spread Adaptability: The EA is well-equipped to handle spreads and can even take advantage of them.
🔹 Customizable Settings: Users can create their own unique trading strategies by adjusting various settings.
🔹 Real-World Optimization: The EA has been optimized based on real-world trading data, rather than historical backtesting.
Key Benefits
🔹 Profit Potential: The EA focuses on arbitrage trading, which offers significant profit opportunities.
🔹 Flexibility: Customizable settings allow users to tailor the EA to their specific trading preferences.
🔹 Reliability: The EA’s real-world optimization and ability to adapt to wide spreads enhance its reliability.
🔹 Ease of Use: The pre-configured suite and user-friendly interface make it easy to get started.
🔹 Data-Driven Approach: The EA’s decision-making process is based on thorough analysis of market data.
Good Monday EA MT4 Review
The Good Monday EA have achieved impressive profit performance over many years of trading. The advisor shows amazing ability to master the market and increase profits.
🔶 The Good Monday EA backtest trading results achieved impressive profit performance for 3 years on the USDCAD pair.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $1,704.78
✅ Win Rate (% of total): 100%
✅ Maximum Drawdown: 0.06%
Good Monday EA MT4 backtest
🔶 The Good Monday EA backtest trading results achieved impressive profit performance for 3 years on the NZDUSD pair.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $2,264.68
✅ Win Rate (% of total): 100%
✅ Maximum Drawdown: 0.04%
Good Monday EA backtests
🔶 The Good Monday EA backtest trading results achieved impressive profit performance for 3 years on the GBPUSD pair.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $11,835.79
✅ Win Rate (% of total): 100%
✅ Maximum Drawdown: 0.08%
Good Monday EA backtest
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $100 |
| Time frames | Any times |
| Currency pairs | 18 currency pairs |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Good Monday EA download
The download package of the product suite includes:
1. Experts:
✅ Good Monday EA v1.7_fix.ex4
2. SetFiles:
✅ Goodmonday.set
✅ Basic Grid Set.set
✅ AUDUSD_good_monday.set
✅ EURUSD_good_monday.set
✅ GBPUSD_good_monday.set
✅ NZDUSD_good_monday.set
✅ USDCAD_good_monday.set
✅ Goodmonday_EURUSD_add.set
✅ Goodmonday_EURGBP_add.set
✅ Goodmonday_AUDUSD_add.set
✅ Main_goodmonday_for_grid.set
Conclusion
In short, Good Monday EA stands out as a professional gap-trading Expert Advisor (EA) for MT4, focusing on high-probability setups at the start of each week. With pre-configured profiles, flexible customization, and real-market optimization, it delivers safe and consistent results. For traders seeking a simple, reliable way to profit from weekend gaps, Good Monday EA is a powerful choice.
User Reviews
Only logged in customers who have purchased this product may leave a review.
1. What is Good Monday EA and how does it work?
Good Monday EA is a trading robot designed to capitalize on market gaps that often occur at the beginning of the trading week. It analyzes multiple timeframes to identify potential trading opportunities and automatically places orders at the market open on Monday.
2. Which currency pairs does Good Monday EA support?
The EA supports a wide range of currency pairs, including GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY.
3. What is the minimum deposit required to use Good Monday EA?
While the minimum deposit is $100, it's recommended to have a larger deposit to maximize potential profits and manage risk effectively.
4. Is Good Monday EA compatible with any specific broker or platform?
The EA is designed to work with the MetaTrader 4 (MT4) platform. It's compatible with most MT4 brokers.
5. Does Good Monday EA require a Virtual Private Server (VPS)?
While not strictly necessary, using a VPS is highly recommended to ensure uninterrupted trading, especially for those who live in regions with unstable internet connections.
6. What is the level of risk involved in using Good Monday EA?
Like any trading strategy, there is inherent risk involved. While the EA has a strong track record, it's essential to understand that past performance is not indicative of future results. Risk management strategies should be implemented.
7. How often does Good Monday EA trade?
The EA is primarily designed to trade at the beginning of the trading week, taking advantage of potential market gaps. However, the exact frequency of trades may vary depending on market conditions and the specific settings configured.
8. Can I customize Good Monday EA's settings?
Yes, the EA offers customizable settings that allow users to tailor the trading strategy to their specific preferences and risk tolerance.
9. What are the potential benefits of using Good Monday EA?
Potential benefits include automated trading, the ability to capitalize on market gaps, and the potential for significant profits. However, it's crucial to remember that trading involves risk, and there are no guarantees of profit.
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