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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
Reviews 1
Thibaut, Jean Jannoyer
1437
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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=====  Presets ==== >>> Stock Trader Pro v.1.2 Presets:   Download >> Stock Trader Pro   is a fully automated trading advisor designed to work at   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro   opens only LONG positions by  the global direction of trend on price on price falls (dips), analyzing data from several timeframes at the same time. The trading strategy is based on technical analysis and uses a number of indicators,
Momentum Classic
Ivan Pochta
3.9 (21)
Momentum Classic Live results:   https://www.mql5.com/en/signals/579509 Momentum Classic   is a completely automatic trading EA. It is a fact that market is mostly trading in range and high-power bursts are rare. These sharp movements are starting with momentum, which is a signal to trend start, increased volatility and trading volumes. We built a special algo, which seeks for such  Impulse  (Momentum) , to signal trade entry.  Momentum Classic  also has several filters, based on deviation fr
Momentum Open
Ivan Pochta
5 (1)
Momentum Open  Live results:   https://www.mql5.com/en/signals/579509 Momentum Open  is a completely automatic trading EA. It is a fact that market is mostly trading in range and high-power bursts are rare. These sharp movements are starting with momentum, which is a signal to trend start, increased volatility and trading volumes. We built a special algo, which seeks for such  Impulse  (Momentum) , to signal trade entry.  Momentum Open  also has several filters, based on deviation from standard
Index Trader Suite
Ivan Pochta
5 (1)
>>> Index Trader Suite Live  Results  here >> >>> Index Trader Suite v.1.0 Presets: Download >> >>>    Index Trader Suite MT5 version available   here >> Index Trader Suite is a fully automated trading advisor based on a proprietary trading strategy for the world's most popular and liquid Stock Indices. The system is based on the principles of Price Action and does not use technical indicators to determine the optimal points for opening trades. The strategy is based on 2 key principles of
Mona Lisa
Ivan Pochta
5 (1)
Mona Lisa Presets: Download >> Mona Lisa  for  MetaTrader 5 >> Mona Lisa 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 is a midnight trading scalper that trades for a short period of time during the rollover peri
Momentum Selection Live results:   https://www.mql5.com/en/signals/2189756 How to check the Live Results of Momentum Selection since 2019 year?   https://www.mql5.com/en/market/product/88955#!tab=comments&page=1&comment=43377742 Momentum Selection  is a completely automatic trading EA. It is a fact that market is mostly trading in range and high-power bursts are rare. These sharp movements are starting with momentum, which is a signal to trend start, increased volatility and trading volumes. We
EvoNightEA MT5
Ivan Pochta
4.5 (2)
EvoNightEA MT5 v.10.3 Presets:   Download >>> EvoNightEA MT5   v.10.3   Live Results:   Here >>> EvoNightEA   is a fully automated Expert Advisor based at midnight scalping during the low market volatility.   EvoNightEA   is based on the principles of channel trading and Price Action. The system analyzes the price movement in the daily range and, based on the data obtained, trades in the low-volatility market in rollover. Most of the parameters are dynamic, thus reducing the chance of overfitti
====  Live Results  ==== Stock Trader Hedge - CFD Mode:   here >>  (Admiral Markets Live) > Stock Trader Hedge v.1.6 Presets:   Download >> > Stock Trader   Hedge   v.1.2 Backtests :   Download >> Stock Trader Hedge  is a fully automated trading advisor designed to work at   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Hedge  opens only LONG positions by  the global direction of trend on price on price falls (dips), analyzing dat
>>> Index Trader Suite Live Results  here >> >>> Index Trader Suite v.1.0 Presets:   Download >> >>> Index Trader Suite MT4 version available  here >> Index Trader Suite   is a fully automated trading advisor based on a proprietary trading strategy for the world's most popular and liquid Stock Indices. The system is based on the principles of   Price Action   and   does not use technical indicators to determine the optimal points for opening trades. The strategy is based on 2 key principles
DreamlinerEA Live Results:  https://www.mql5.com/en/signals/1459431 DreamlinerEA MT4 version:   https://www.mql5.com/en/market/product/72691 DreamlinerEA   is a fully automated Expert Advisor based on the author's trading strategy. During a period of low market volatility, when liquidity is not enough for the formation of a trend and breakdown of important levels, the system trades in the Channel and use small TP values ​​ (scalping)   to quickly fix profit and re-enter the market, which sign
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
1437
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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