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Friday Monday MT5

3.71

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, the EA settings allow such testing (Use_Symbols_from_Line = true). 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 and 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

Completely identical (except for the possibility of multicurrency testing) version of the Expert Advisor for MT4: Friday Monday

Pay attention to the useful information in my profile: https://www.mql5.com/en/users/test-standart
Reviews 10
Sammy Boy
1332
Sammy Boy 2020.12.28 15:09 
 

Unique strategy from a unique masterful author.

fxresults
3801
fxresults 2020.11.05 01:58 
 

Another high quality product from a great honest Author. This is good for all types of traders from newbies because it is so simple to use to advanced because of the consistent returns it delivers.

Moreno Dainese
1386
Moreno Dainese 2020.10.31 16:30 
 

Kostantin's robots are the best .. I recommend buying with your eyes closed !!!

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Virtual Trailing SL TP MT5
Konstantin Kulikov
5 (1)
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_sym
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 fals
Filter:
Pejman Rafieian
273
Pejman Rafieian 2022.04.21 00:18 
 

I purchased this product almost 2 years ago along with Francoscalp. It is not profitable at all. It buys on Fridays and sells on Mondays only and no activity other days. It achieves small profits but a big loss destroys all of your profits. The author and assisstant in Telegram channel advise to turn it off from time to time, change the setting and try good brokers. None of their advices work but they do not accept that robot does not work good. Since I bought it I lost a lot of money in addition to the high price for the product itself. I would like to take my money paid for the robot back.

Konstantin Kulikov
24895
Reply from developer Konstantin Kulikov 2022.04.26 21:48
Here is the monitoring of this EA on a broker that is not optimal for this strategy: https://www.mql5.com/en/signals/1040409
AlexeyTeno
122
AlexeyTeno 2022.02.03 04:02 
 

На AlfaForex большинство сделок убыточные. На Roboforex большинство сделок прибыльные.

Stephanie Nicole Chavez
1336
Stephanie Nicole Chavez 2021.07.25 20:41 
 

User didn't leave any comment to the rating

Xing Zhihao
1353
Xing Zhihao 2021.03.24 17:24 
 

shit hole

Sammy Boy
1332
Sammy Boy 2020.12.28 15:09 
 

Unique strategy from a unique masterful author.

Melina Ayelen
134
Melina Ayelen 2020.11.17 16:09 
 

User didn't leave any comment to the rating

fxresults
3801
fxresults 2020.11.05 01:58 
 

Another high quality product from a great honest Author. This is good for all types of traders from newbies because it is so simple to use to advanced because of the consistent returns it delivers.

Moreno Dainese
1386
Moreno Dainese 2020.10.31 16:30 
 

Kostantin's robots are the best .. I recommend buying with your eyes closed !!!

Chang Po Chung
481
Chang Po Chung 2020.10.31 15:44 
 

I have used breakthrough for long time already. now, i use Friday-Monday with it and it showed me great performance. Thanks Konstantin

Xiaolei Lu
2862
Xiaolei Lu 2020.10.22 16:27 
 

User didn't leave any comment to the rating

Reply to review
Version 1.7 2024.09.03
The news filter has become more stable.
Added a news source from MQL5 (it is the most stable, no crashes).
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.
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.