MondayFX

MondayFX exploits one of the most persistent, best-documented seasonal patterns in the currency market: the tendency for major FX pairs to drift higher across the weekend into the Monday session. It opens a diversified long basket near the Friday close, flattens it near the Monday close, then sits flat all week. No indicators, no screen-watching, no overtrading.

Multi-currency from one bot

Runs a basket of six major pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, GBPJPY, EURJPY) from a single chart — but you can switch any pair on or off individually. No single pair makes or breaks the week.

Long-only. No grid. No martingale.

Every position is a clean, single trade with a defined life. No averaging down, no recovery tricks — just the raw edge.

Built on real-tick evidence

Validated on real-tick data, not idealised bars. In independent per-instrument testing (Jan 2025–2026), every pair in the default basket came out long-only and profitable, with max drawdown under 0.5% per leg.

Built for real accounts

Three-click sizing (Conservative / Balanced / Aggressive) or fixed lots. An optional Max Loss Per Weekend hard stop closes everything if your risk limit is hit. Live on-screen dashboard shows status, positions, sizing, P/L and licence tier at a glance. Fully stateless — restart your terminal or VPS mid-weekend and it picks up exactly where it left off.

Free to backtest, for everyone

MondayFX is free to download and backtest — no membership required. Test it on your own broker's real-tick history and see the numbers before you pay a penny. You only need a membership or licence to trade it live.

How to backtest properly

MetaTrader's Strategy Tester only gives full real-tick data to the one symbol on the chart, so test one pair at a time for honest results:

1. Copy MondayFX.ex5 into MQL5\Experts\, then refresh the Navigator.
2. Open Strategy Tester (View → Strategy Tester or Ctrl+R).
3. Set Expert: MondayFX, Symbol: one pair (e.g. EURUSD), Modelling: Every tick based on real ticks, Period: any (H1 is fine), Deposit: e.g. 10,000, Leverage: 1:500.
4. In the Inputs tab, set Basket to that same single symbol.
5. Run it and review the report.
6. Repeat for each pair — EURUSD, GBPUSD, USDJPY, AUDUSD, GBPJPY, EURJPY — then list your chosen pairs in the Basket input when trading live.

To trade it live

You'll need to be a MrAlanForex Patreon member or hold a standalone licence, plus a one-time setup: in MetaTrader 5 go to Tools → Options → Expert Advisors, tick "Allow WebRequest for listed URL", and add https://licence.mralanforex.com. Without this the robot won't start on a live chart (backtesting is unaffected).

Who it's for

Traders wanting a low-maintenance, low-drawdown, once-a-week strategy to run alongside their main systems — set-and-forget on a VPS, checked once on a Friday. Its risk is uncorrelated with faster intraday EAs.

Requirements

MetaTrader 5 hedging account (IC Markets recommended), VPS recommended, one-time licence URL whitelist for live/demo use, default basket EURUSD/GBPUSD/USDJPY/AUDUSD/GBPJPY/EURJPY.

Access

Included free with MrAlanForex Patreon membership, or available as a standalone one-time purchase.

Risk note: MondayFX holds positions over the weekend and is exposed to weekend-gap risk at the Sunday open. Past performance is not a guarantee of future returns. Trade on a demo account first and never risk capital you cannot afford to lose.