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Good Monday is an MT4 expert advisor that trades the price gap at the Monday market open. It runs from a single chart across several currency pairs and ships with ready-made sets for trading with or against the gap.
Get one message the moment it launches, with its price.
Good Monday is an expert advisor for MetaTrader 4 built around one narrow idea: the price gap that can appear when the forex market reopens after the weekend. It looks at that gap at the Monday open and places trades according to the set you load.
Between the Friday close and the Monday open, the quoted price of a pair can move, leaving a gap on the chart. The expert examines that gap when trading resumes. Depending on the configuration, it can trade toward the gap, expecting it to be extended, or against the gap, expecting it to be partly filled. Both approaches are available, and the ready-made sets include examples of each.
Because activity is tied to the weekly open, the expert is not a system that trades all day. Most of the time it waits, so the terminal must be running and connected when the market reopens.
The product comes with prepared sets for a group of currency pairs. If you prefer a different approach, the input list contains options that let you assemble your own combination. Check the description of each input before changing it, and run any new configuration on a demo account first.
The prepared sets were developed for these pairs:
One chart is enough to cover several pairs. The chart timeframe does not change how it behaves, because the expert takes the data it needs from multiple timeframes on its own.
Only some inputs are described here. Open the input tab after attaching the expert to see the full list and the notes for each one.
| Input | Purpose |
|---|---|
| Symbol_suffix | Text your broker adds to symbol names, for example after the pair name. Leave empty if there is none. |
| Preset set files | Load a prepared set to trade with or against the gap for a chosen pair. |
| Custom options | Adjust the inputs to build your own set. Check each value before use. |
Lot size, stop levels and other risk inputs should be matched to your account size and broker conditions. Check them yourself rather than assuming the defaults suit you.
Gap trading is sensitive to spread, slippage and liquidity at the weekly open, and these can be unfavorable on some brokers. The ready-made sets were optimized in the MT5 strategy tester, which models a floating spread. Results in MT4 may differ, so test with your own broker's data.
Trading carries risk, and you can lose some or all of your deposit. Past results, including backtests and signal histories, do not predict future results.
Allow the terminal to stay online over the weekend, ideally on a VPS, so it is ready at the Monday open.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Strategy | Weekend gap trading at the Monday open |
| Markets | Forex pairs, including GBPUSD, AUDUSD, NZDUSD, USDCAD, EURUSD and others |
| Timeframes | Any chart timeframe; it reads other timeframes itself |
| Chart setup | One chart handles several symbols |
| Broker suffix | Supported through the Symbol_suffix input |
| Requirements | Algo trading enabled and a terminal left running over the weekend |
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No. The expert is designed to run from a single chart and handle several currency pairs. Make sure the symbols you want to trade are visible in Market Watch.
Yes. Enter the suffix in the Symbol_suffix input so the expert can match its pair list to your broker's symbol names. Check the exact spelling in Market Watch.
The behavior does not depend on the chart timeframe, because the expert gathers the data it needs from several timeframes by itself. Any timeframe will do.
This listing is the MetaTrader 4 build only. An MT5 version is a separate product, and the files are not interchangeable between platforms.
The ready-made sets were optimized in the MT5 strategy tester, which models a floating spread. MT4 tests usually use a fixed spread, so results can differ. Test on your own broker's data and treat any result as indicative only.
Yes. The inputs allow you to build your own sets, including the choice between trading with or against the gap. Review every input before use, and test on a demo account first.
Good Monday
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