Market / MetaTrader 5 / Experts /

Mona Lisa MT5

199 USD

Demo downloaded: 148

Published: 31 December 2022

Current version: 1.2

Mona Lisa MT5

Experts
Ivan Pochta
Version: 1.2
Activations: 10

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

more...

1413

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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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

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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

275 USD

149 USD

==== 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

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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

99 USD

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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.