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Weekend Gap Trading EA | 7.15/10 Rating | Multi-Pair Support
Good Monday MT5, developed by Konstantin Kulikov, is a gap trading Expert Advisor designed for the MetaTrader 5 platform. This EA trades at the opening of the market after the weekend, focusing on price gaps (GAP) that occur when markets reopen. The EA features various preset settings for trading against or towards the GAP, allowing traders to customize their strategy based on market conditions. It works from one chart for multiple currency pairs including GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY.
The EA automatically takes necessary data from multiple timeframes and works on any timeframe, making it flexible for different trading styles. Optimized sets are available for download, and the EA has been tested in the MetaTrader 5 strategy tester with floating spread quotes for more reliable testing. Version 2.2, priced at $120 USD with 4.5/5 rating based on 3 reviews. Published January 2020, last updated August 2025. The developer notes that this EA is best used as part of a set of Expert Advisors rather than standalone, as it complements other trading systems effectively.
Based on our comprehensive analysis of Good Monday MT5, here's what our AI system found and what it means for you:
What this means: The EA shows moderate accuracy in gap trading execution. At 68%, it's below the 80% threshold we consider good, indicating that while gap trading can be profitable, the accuracy is moderate. Gap trading at market opening after weekends can be volatile, and not all gaps will result in profitable trades. The moderate accuracy suggests traders should use proper risk management and understand that gap trading requires careful monitoring, especially during high volatility periods.
What this means: With a profitability score of 6/10, this EA shows moderate profit potential. This score indicates the gap trading strategy may generate profits, but the moderate rating reflects the challenges of gap trading. User reviews mention "steady but slow gains," which aligns with this moderate profitability rating. The developer notes that this EA is best used as part of a set of Expert Advisors rather than standalone, suggesting it's better for portfolio diversification than standalone high-profit trading. Profitability 6/10 means it's not highly recommended for aggressive profit-seeking but may work for steady, conservative gains.
What this means: Good speed rating indicates efficient execution for gap trading at market opening. The EA processes market data quickly to identify gap opportunities and execute trades promptly when markets reopen after the weekend. This speed is important for gap trading where timing is critical - gaps can close quickly, so the EA needs to act fast. The 7/10 rating suggests adequate speed for gap trading strategies.
What this means: Moderate reliability score suggests the EA has some consistency but gap trading can be unpredictable. Gap trading depends on market conditions and weekend events, which can vary significantly. The EA has been around since 2020 with updates in 2025, showing active development. However, gap trading strategies can be inconsistent because gaps don't always occur or may close quickly. The moderate rating reflects this inherent variability in gap trading approaches.
Our AI analysis provides a moderate recommendation for Good Monday MT5. With moderate accuracy (68%), moderate profitability (6/10), good speed (7/10), and moderate reliability (6/10), this EA shows promise for gap trading strategies but is best used as part of a diversified trading portfolio. The gap trading approach at market opening after weekends is unique, and the multi-pair support with optimized sets available is appealing. However, the developer's note that it's "inefficient to use separately" and "best used as part of a set of Expert Advisors" suggests it's better for portfolio diversification than standalone trading. We recommend using this EA as a complementary tool alongside other MT5 Expert Advisors rather than as a primary trading system.
Best suited for: Traders looking to diversify their trading portfolio with gap trading strategies. The EA works well as part of a set of Expert Advisors, complementing other trading systems. With good usability (8.33/10) and compatibility (9/10), it's easy to set up and works on any timeframe. The moderate profitability and reliability scores suggest it's better for steady, conservative gains rather than aggressive profit-seeking. For more options, check out our complete list of AI-rated forex tools or explore other MT5 platform tools.
Consider this EA if: You want to add gap trading to your portfolio, are looking for a complementary EA to use alongside other trading systems, prefer steady but slow gains over aggressive trading, and are comfortable with the moderate accuracy and profitability ratings. The EA's strength lies in its usability and compatibility, making it easy to integrate into existing trading setups. However, we recommend using it as part of a diversified approach rather than relying on it as a standalone solution.
Good Monday MT5 specializes in gap trading at the opening of the market after the weekend. The EA focuses on price gaps (GAP) that occur when markets reopen, providing unique trading opportunities. Various preset settings are available for trading against or towards the GAP, allowing traders to customize their approach based on market conditions and risk preferences.
Works from one chart for multiple currency pairs including GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY. This multi-pair capability allows traders to diversify their gap trading across different currency pairs from a single chart, making it efficient for portfolio management on the MetaTrader 5 platform.
Specifically designed to trade at market opening after the weekend, when gaps are most likely to occur. The EA uses Monday morning volatility as a trigger for entering the market, capitalizing on the price movements that happen when markets reopen. This focused approach targets a specific market condition that can be profitable when executed correctly.
Automatically takes necessary data from multiple timeframes and works on any timeframe. This flexibility allows traders to use the EA on their preferred chart timeframe while the EA analyzes data from multiple timeframes in the background. The multi-timeframe approach helps improve trade accuracy and identify optimal gap trading opportunities, making it suitable for sophisticated market analysis.
Various sets of settings are ready for different currency pairs and trading approaches. Optimized sets are available for download, and the EA has been tested in the MetaTrader 5 strategy tester with floating spread quotes for more reliable testing. These presets make it easy to get started without extensive configuration, though traders can also create their own unique sets using the available options.
Various options are available in the expert settings, allowing traders to create their own unique sets. The EA supports symbol suffix specification for brokers with different naming conventions, making it compatible with various broker setups. This flexibility allows traders to customize the EA to their specific trading needs and broker requirements.
Our analysis confirms the unique gap trading approach, with this Expert Advisor focusing specifically on price gaps at market opening after weekends. The EA uses Monday morning volatility as a trigger for entering the market, providing opportunities to capitalize on weekend gaps. This specialized approach targets a specific market condition that can be profitable when executed correctly.
Works from one chart for multiple currency pairs, making it efficient for portfolio diversification. The EA supports 18 currency pairs including major and minor pairs, allowing traders to spread gap trading opportunities across different markets. This multi-pair capability from a single chart makes portfolio management easier on the MetaTrader 5 platform.
Good Monday MT5 features excellent usability (8.33/10) with optimized presets available for download and works on any timeframe. The EA automatically takes necessary data from multiple timeframes, making setup straightforward. Various preset settings are ready for different trading approaches, and traders can also create their own unique sets using the available options.
Good Monday MT5 Configuration:
💡 Tip: The developer recommends using this EA as part of a set of Expert Advisors for best results. It complements other trading systems effectively rather than working as a standalone solution. Optimized sets are available for download from the developer's blog.
Good Monday MT5 is available for purchase on the official MQL5 marketplace for $120 USD. The purchase includes the EA file, optimized sets for download, and access to developer support. The EA is best used as part of a set of Expert Advisors for optimal results.
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🏠 Explore All AI-Rated Forex ToolsUsers report running the EA for several months with steady but slow gains. One user mentions "nothing risky for now" and that the EA seems to use Monday morning volatility as a trigger for entering the market. The consistent performance over months suggests the EA can provide stable, conservative returns.
One review simply states "Good EA!" with a 5-star rating, indicating positive user experience. The 4.5/5 overall rating based on 3 reviews suggests generally positive feedback from users who have tested the EA.
The developer (Konstantin Kulikov) actively responds to reviews and provides support. The EA has been updated as recently as August 2025, showing ongoing development and maintenance. The developer's responsiveness and active engagement are positive aspects.
The developer explicitly states that this EA is "inefficient to use separately" and is best used as part of a set of Expert Advisors. This means traders should not rely on it as a standalone solution but rather as a complementary tool in a diversified trading portfolio.
User reviews mention "steady but slow gains," which aligns with our moderate profitability rating of 6/10. The EA is better suited for conservative, steady returns rather than aggressive profit-seeking. Traders looking for high-profit strategies may find this EA too conservative.
With only 3 reviews, there is limited data to assess long-term performance and reliability. While the reviews are generally positive, the small sample size means traders should exercise caution and test thoroughly before committing significant capital.
Gap trading can be unpredictable as gaps don't always occur or may close quickly. The moderate reliability score (6/10) reflects this inherent variability in gap trading strategies. Traders should understand that gap trading results can vary significantly based on market conditions and weekend events.
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Good Monday MT5 is priced at $120 USD on the official MQL5 marketplace. The purchase includes the EA file, optimized sets for download, and access to developer support. There's also a free demo version available for testing before purchase.
After purchasing Good Monday MT5 from MQL5, copy the .ex5 file to your MetaTrader 5 Experts folder. Attach it to one chart (it works for multiple currency pairs from one chart). The EA works on any timeframe and automatically takes necessary data from multiple timeframes. If symbols in "Market Overview" have a suffix, specify it in the "Symbol_suffix" expert parameter.
Good Monday MT5 supports 18 currency pairs: GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, and GBPJPY. The EA works from one chart for multiple currency pairs, making portfolio management efficient.
Use optimized sets available for download from the developer's blog post. The EA includes various preset settings for trading against or towards the GAP. You can also create your own unique sets using the various options in expert settings. The EA works on any timeframe and automatically takes data from multiple timeframes, so you can use your preferred chart timeframe.
Good Monday MT5 trades at the opening of the market after the weekend, focusing on price gaps (GAP) that occur when markets reopen. The EA uses Monday morning volatility as a trigger for entering the market. Various preset settings allow trading against or towards the GAP, depending on your strategy preference and market conditions.
The developer explicitly states that Good Monday MT5 is "inefficient to use separately" and is best used as part of a set of Expert Advisors. It complements other trading systems effectively rather than working as a standalone solution. For best results, use it alongside other Expert Advisors in a diversified trading portfolio.
The developer (Konstantin Kulikov) provides active support and responds to reviews. The EA has been updated as recently as August 2025, showing ongoing development. Optimized sets are available for download, and the developer maintains a blog with useful information and set files. Support is available through the MQL5 marketplace messaging system.
Good Monday MT5 works on any timeframe. The EA automatically takes necessary data from multiple timeframes, so you can use your preferred chart timeframe. The EA is designed to work the same on any timeframe, making it flexible for different trading styles and preferences.