Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Bad Monkey EA

100.00 USD71.00 USD

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MetaTrader 5
Salvatore Caligiuri


1 of 5 copies at SPECIAL PRICE! Only 100$ - After next copiy sold, price will be 299$

Bad Monkey is a professional EA designed to trade EURUSD pair in a simple and safe way. Based on simple trading rules, the EA use a sophisticated algorithm to calculate the best risk/profit ratio.

WHAT DOES REALLY MATTERS IF YOU USE EA? - The answer is: risk exposure. Nothing else. Some EA let you choose an initial size, an initial risk, but doesnt talk about the TOTAL RISK exposure. In BAD MONKEY, if you set 10% in "Max balance to risk in %" parameter, you will be sure that you cannot loose more than 10% of your balance.

BE REALISTIC, AND HONEST - Do you think that exist EA that will earn billions investing 1000$? Do you think that exist an EA that never loose? The answer is: NO, in a realistic world. If your answer is yes, if you believe in incredible backtest results, this bot is not for you. BAD MONKEY accepts losing trades, and doesn't manipulate the code to hide them during backtest.

- Recommended pairs and TF: EURUSD M15 - The EA is not locked to EURUSD only, you can test and optimize on every pair

- Recommended broker: any ECN account with low spread and low commissions

- Optimal execution: for best performance, run on a dedicated account on a PC/VPS with low latency to your broker server

- Important: expert works analyzing ticks, run backtet in "Every tick based on real ticks" mode using broker data

  • One Symbol Designed: dedicated development on one specific pair
  • Only with Stop Loss: trades will be protected by hard stop loss (40 pips)
  • Safe trading methods: no martingale, no grid.
  • Fast trades: no positions will remain open for long time
  • Small deposit: works with any amount


The EA uses basic trading concepts to open trades, it will try to find the best OVERSOLD/OVERBOUGHT momentum on small timeframe during a STRONG TREND on higher timeframe.


The expert will use 2 Moving Averages, one faster and one slower, and will calculate the distance between in the last X n. of candles


Stochastic is the used indicator, if main+signal lines are below/above oversorld/overbought level in previous candle and they cross the level in current candle, it will be the entry point


Keep your risk exposure under control, with the "Max balance to risk in %" parameter in expert settings, you can set the max total risk of the balance you will be exposed. 


Magic Number: set order identifier, must be different on each chart

Max spread allowed in pips: set the max allowed spread when opening positions

Max open trades allowed: set the max number of trades the expert will open

Lot size method: use fixed or auto lot size

Fixed size: use the fixed size you set

Max balance to risk in %: set the max risk in % your balance will be exposed for the total number of open trades

Size multiplier - 1 for no multiply: to increase trade size using a multiplier

Stop Loss in pips: set your SL in pips

Take Profit in pips:  set your TP in pips

Trend Timeframe: set TF for trend calculation

Moving avarege type: set Moving Averages type, SMA - LWMA - Smoothed or EMA

Faster Moving Average period: set the period of the faster MA

Slower Moving Average period: set the period of the slower MA

Distance between MA: set the distance in pips between the 2 MA

N. of candles to calculate distance: set the number of candles the distance will be calculated on

Stochastic Timeframe: set TF for OVERSOLD/OVERBOUGHT calculation

Stochastic Period: set the period of Stoch indicator

Oversold level: set oversold levef of Stoch indicator

Overbought level: set overbought levef of Stoch indicator

Open next trade after minutes: minute to wait before next trade

Trade on Monday: true to allow, false to avoid

Trade on Tuesday: true to allow, false to avoid

Trade on Wednesday: true to allow, false to avoid

Trade on Thursday: true to allow, false to avoid

Trade on Friday: true to allow, false to avoid

Activate time filter: no trade will be opened outside the time interval, true to activate, false to deactivate. Based on broker server time

From hour: hour of interval start

To hour: hour of interval end

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RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.