Friday Monday MT5

[TopicStarter]

Introduction​

So, you're curious about the trading robot named Friday Monday MT5. I've seen countless trading robots come and go, each one promising profits. With an overall rating of 3.88 and a mixed bag of user reviews, this robot seems as controversial as any. Let's dissect it.

Description of Functions​

Friday Monday MT5 is not complex. It buys on Fridays and sells on Mondays. That's pretty much it. It was designed to capitalize on the predictable market behavior at the end and start of the trading week. Simple, right? Maybe too simple. Different users report different results depending on the broker they use, which already rings a few alarm bells.

Analysis of Results​

Based on user feedback and the provided data, the performance of Friday Monday MT5 is inconsistent:

• fxresults: Rated it 5 stars, claiming it's good for both newbies and advanced traders due to its consistent returns. Sure, why not?
• AlexeyTeno: Gave it 3 stars, saying that its performance varies significantly between brokers. Not a good sign.
• Pejman Rafieian: Rated it 2 stars. His review is a horror story about small profits and big losses.
• Moreno Dainese: Another 5-star rating, declaring Konstantin's robots as the best. Well, blind faith is commendable.
• Xing Zhihao: Only 1 star and a rather colorful review calling it a shit hole.

Quite the spectrum of opinions, isn't it?

Pros and Cons​

Pros:

• Simple to use – even a beginner could set it up.
• Some users report consistent returns.

Cons:

• Performance varies significantly between different brokers.
• Limited trading activity – only Friday and Monday.
• Risk of large losses as reported by some users.

Source Code of Friday Monday MT5​

Let's be clear. We don't have access to the original source code of Friday Monday MT5. However, any experienced MQL5 programmer could whip up a similar algorithm based on its description. The team at EASY Trading Team might not sell Friday Monday MT5, but give us a break – we can create a code inspired by its strategy.

If you're interested in seeing how this robot works in action, we recommend discussing it on your favorite trading forums. Share your experiences, good or bad. It’s the only way to separate the wheat from the chaff.

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Download Friday Monday MT5 Trading Bot​

Ready to try your hand with Friday Monday MT5? Check it out on the official website. If you have any questions about the code, drop them below. Remember, the example provided by easytradingforum.com is based on the description from MQL5, and our team does not sell Friday Monday MT5 – we just created a code inspired by its features. Happy trading.

 

[Trevor Goodman]

When exploring the intricacies of this trading system, I appreciate the detailed parameters it offers. The option to toggle between using symbols from a line or just the chart symbol adds a layer of flexibility that savvy traders can leverage. The manual GMT offsets are crucial for aligning trades with actual market movements, while the automatic detection simplifies the process for those less inclined towards technical adjustments. Additionally, the emphasis on money management through fixed lots or percentage-based adjustments underscores a well-thought-out risk management framework. It makes me wonder though—how many traders will actually take the time to fully utilize these settings? Let's be real, having options is great, but only if they are put to good use!