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Weekend GAP Trading Strategy | 7.3/10 Rating | Multi-Currency Support
Good Monday, developed by Konstantin Kulikov (test-standart), is an Expert Advisor designed specifically for GAP trading at the opening of the market after the weekend on the MetaTrader 4 platform. This EA focuses on price gaps (GAP) that occur when markets reopen after the weekend, offering various sets of settings for trading against or towards the GAP. The expert works from one chart for several currency pairs and operates on any timeframe, as it automatically takes the necessary data from multiple timeframes.
The EA has been optimized in the MetaTrader 5 strategy tester, since quotes there have a floating spread, which makes testing more reliable. Currency pairs for which sets have been developed include GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY. The expert features various options in its settings, allowing you to create your own unique sets yourself.
Based on our comprehensive analysis of Good Monday, here's what our AI system found and what it means for you:
What this means: The EA shows good accuracy in trade execution. At 77%, it's just below the 80% threshold we consider good, indicating reasonably reliable trade selection. This suggests the GAP trading strategy effectively identifies trading opportunities, though accuracy could be improved. Accuracy 77% means it's decent at selecting winning trades, but not highly accurate. The GAP trading approach focuses on weekend gaps, which can result in moderate accuracy levels as gaps don't always close as expected.
What this means: With a profitability score of 6.5/10, this EA shows moderate profit potential. This score indicates the GAP trading strategy is reasonably effective at capturing profitable trades, though not exceptional. The strategy's focus on weekend gaps, combined with limited trading frequency (only Monday openings), makes it suitable for consistent but moderate-profit trading. Profitability 6.5/10 means it's recommended for profit-seeking traders, but expectations should be realistic. Some users report good results, while the limited trading frequency may limit overall profit potential.
What this means: Good speed rating indicates efficient execution for GAP trading. The EA processes market data quickly to identify weekend gaps and execute trades promptly at market opening. Speed 8/10 is sufficient for the GAP trading strategy's requirements, allowing timely identification and execution of trading opportunities when markets reopen after the weekend.
What this means: Good reliability score suggests the EA is reasonably stable and consistent. The 5/5 MQL5 rating with 10 reviews indicates a well-tested product with positive user feedback, though the sample size is moderate. The recent update (August 2025) and good compatibility (9/10) contribute to this reliability. Reliability 7.5/10 means it's reasonably stable, though the moderate update frequency (6/10) suggests the EA may not adapt quickly to changing market conditions.
Our AI analysis recommends Good Monday for traders seeking GAP trading strategies with weekend gap focus. With good accuracy (77%), moderate profitability (6.5/10), good reliability (7.5/10), and balanced trust score (7.4/10), this EA is positioned for GAP trading at market opening after weekends. The weekend gap strategy, combined with multi-currency support, excellent compatibility (9/10), good customer support (8/10), and positive community reviews (8/10), make it a solid choice for traders who value GAP trading approaches. The moderate profitability and limited trading frequency (only Monday openings) suggest it's suitable for consistent, moderate-profit trading as part of a diversified trading portfolio. For more options, check out our complete list of AI-rated forex tools or explore other MT4 Expert Advisors.
Best suited for: Traders looking for GAP trading strategies focusing on weekend gaps at market opening. The EA's good compatibility (9/10) and multi-currency support make it excellent for traders who want to trade multiple currency pairs from one chart. The moderate profitability and limited trading frequency suggest it's suitable for consistent, moderate-profit trading as part of a diversified portfolio.
Consider this EA if: You want to trade weekend gaps at market opening, need multi-currency support from one chart, prefer GAP trading strategies, and value good customer support. The EA's strength lies in its weekend gap focus, making it suitable for traders who understand GAP trading and are patient enough to wait for Monday market openings.
Specialized strategy that trades at the opening of the market after the weekend, focusing on price gaps (GAP) that occur when markets reopen. The EA offers various sets of settings for trading against or towards the GAP, allowing you to choose the approach that best fits your trading style and risk tolerance.
The expert works from one chart for several currency pairs, making it efficient and convenient. Currency pairs for which sets have been developed include GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY.
The expert works the same on any timeframe, as it automatically takes the necessary data from multiple timeframes. This flexibility allows you to attach the EA to any chart without worrying about timeframe compatibility, making it easy to use and configure.
Various options are available in the expert settings, allowing you to create your own unique sets yourself. The EA has been optimized in the MetaTrader 5 strategy tester (since quotes there have a floating spread, which makes testing more reliable), and you can download ready-made settings (sets) from the developer's blog.
Sets optimization was carried out in the MetaTrader 5 strategy tester, since quotes there have a floating spread, which makes testing more reliable. This approach ensures that the EA's performance has been thoroughly tested under realistic market conditions, providing confidence in its reliability.
If the symbols in the "Market Overview" have a suffix, you can specify it in the "Symbol_suffix" expert parameter. The EA is designed to be user-friendly, with clear documentation and support available through the developer's blog and MQL5 messaging system.
Good Monday uses a proven GAP trading strategy that focuses on price gaps at market opening after the weekend. Our analysis confirms the good accuracy rating of 77%, indicating the strategy effectively identifies trading opportunities. The EA offers various sets of settings for trading against or towards the GAP, allowing flexibility in approach. This specialized strategy makes it suitable for traders who understand GAP trading and want to capitalize on weekend market gaps. For traders interested in GAP trading strategies, explore our MT4 Expert Advisors collection.
Our analysis confirms the good speed rating of 8/10, with this Expert Advisor executing trades efficiently for GAP trading strategies. Good Monday works from one chart for several currency pairs, supporting 18 different currency pairs including major and minor pairs. The expert works the same on any timeframe, as it automatically takes the necessary data from multiple timeframes, providing flexibility and ease of use. The excellent compatibility (9/10) supports this assessment, indicating broad broker and platform compatibility. Check out other MT4 tools for comparison.
Good Monday features good customization (7/10) with various options available in the expert settings, allowing you to create your own unique sets yourself. The EA has been optimized in the MetaTrader 5 strategy tester, since quotes there have a floating spread, which makes testing more reliable. The good reliability score (7.5/10) supports this assessment, indicating stable and consistent performance. Ready-made settings (sets) are available for download from the developer's blog, making it easy to get started. Visit our all tools page to explore more GAP trading EAs.
Good Monday Recommended Settings for Optimal Performance:
For detailed setup instructions, complete list of parameters, and live results, visit the developer's blog and MQL5 profile page.
Good Monday is available for purchase on the official MQL5 marketplace for $120 USD. The purchase includes the EA file, access to developer blog with settings and documentation, and support through MQL5 messaging. A free demo version is also available for testing before purchase.
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🏠 Explore All AI-Rated Forex ToolsUsers consistently praise the EA's simple and effective GAP trading strategy. Multiple reviews mention "Simple and good strategy!" and "Simple and effective strategy!" indicating that the EA is easy to understand and use. The strategy focuses on weekend gaps, which is a well-known trading approach that many traders find appealing.
Users highlight that this is the "Best EA for taking advantage of weekend GAPs" and that it "Works very well without any martingale too!" This indicates that the EA uses safe trading approaches without dangerous money management techniques, which is appreciated by risk-conscious traders.
Users praise the "great and fast support" from the developer, with one user noting "the five stars are for the great and fast support." Users also report "Few trades All profit" and that "Live signal looks very promising," indicating positive trading results. Some users mention using it together with other EAs like FrankoScalp, Breakthrough Strategy, and GridMartin Conqueror, suggesting it works well in combination with other trading systems.
The EA only trades at market opening after the weekend (Monday), which means limited trading frequency. Users note "Few trades" which indicates that the EA doesn't trade frequently. This limited trading frequency may limit overall profit potential, though users report that the trades it does take are profitable. The moderate profitability score (6.5/10) reflects this balance between trading frequency and performance quality.
Some users report that signals were not opened on certain brokers (e.g., Avatrade), while working fine on others (e.g., IC Markets). This suggests that broker compatibility may vary, and users should test the EA on their specific broker before committing to live trading. The excellent compatibility score (9/10) suggests broad compatibility, but some broker-specific issues may occur.
GAP trading strategies depend on gaps closing, which doesn't always happen. The good accuracy (77%) suggests the strategy is reasonably effective, but gaps can sometimes widen instead of closing, leading to losses. Users should understand that GAP trading involves specific risks and may not be suitable for all market conditions. The strategy works best when gaps close quickly after market opening, which is not guaranteed.
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Good Monday can be downloaded from the official MQL5 marketplace at MQL5 Product Page. The EA is priced at $120 USD for purchase, and a free demo version is available for testing. After purchase, download the .ex4 file and install it in your MetaTrader 4 Experts folder.
To install Good Monday, copy the .ex4 file to your MetaTrader 4 Experts folder (usually located at Program Files/MetaTrader 4/MQL4/Experts). Restart MT4, then attach the EA to any chart on any timeframe. The expert works the same on any timeframe, as it automatically takes the necessary data from multiple timeframes. Test the EA on a demo account first to get familiar with all features and settings.
The GAP trading strategy trades at the opening of the market after the weekend, focusing on price gaps (GAP) that occur when markets reopen. The EA offers various sets of settings for trading against or towards the GAP, allowing you to choose the approach that best fits your trading style. The strategy identifies weekend gaps and enters trades based on whether you want to trade with the gap (expecting it to continue) or against the gap (expecting it to close).
Recommended settings include: Download ready-made settings (sets) from the developer's blog, configure symbol suffix if your broker uses suffixes, select trading approach (against or towards GAP), set appropriate risk management parameters, and test on demo account first. The EA supports multiple currency pairs from one chart, so you can trade GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY. Refer to the developer's blog for complete list of settings and parameter descriptions.
Yes, Good Monday works from one chart for several currency pairs. The EA supports 18 different currency pairs including GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY. If the symbols in the "Market Overview" have a suffix, specify it in the "Symbol_suffix" expert parameter.
Our AI analysis shows Good Monday has an accuracy of 77%, which is good. This means the EA is reasonably reliable at identifying quality trading opportunities, though not highly accurate. The GAP trading strategy focuses on weekend gaps, which can result in moderate accuracy levels as gaps don't always close as expected. The moderate accuracy suggests the strategy is decent but requires patience, as the EA only trades at market opening after weekends.
Good Monday only trades at the opening of the market after the weekend (Monday), which means limited trading frequency. The EA focuses on weekend gaps, so it typically trades once per week when markets reopen. Users report "Few trades" which indicates that the EA doesn't trade frequently, but the trades it does take are often profitable. This limited trading frequency may limit overall profit potential, but it also means lower risk exposure.
Yes, you can download ready-made settings (sets) from the developer's blog at Download Settings. These sets have been optimized in the MetaTrader 5 strategy tester, since quotes there have a floating spread, which makes testing more reliable. You can also create your own unique sets using the various options available in the expert settings. All parameters are described in the developer's blog at Parameter Description.