Monday Dip — Free TradingView Pine Script Source

Monday Dip — Free TradingView Pine Script Source

Developed by RBOT.CC

Free Pine v6 source for standard 1D charts; native platform validation pending.

Source & Review

Development

Developed by: RBOT.CC

Product specifications and updates are maintained by RBOT.CC.

Verification status

Source information only

This product is developed by RBOT.CC. No independently verified performance report has been published yet.

This product is developed by RBOT.CC. Performance claims require a public evidence report and do not promise future results.

Strategy Details

Logic

Long-only strategy for standard 1D charts. After Monday closes below the previous trading-day close, the strategy checks the IBS filter (enabled by default at 0.25). The optional 180-day SMA filter is disabled by default. Entry normally fills at the next available daily open. A Wednesday-or-later close requests an exit at the next available daily open.

Risk Management

The default stop is 10% below the filled entry price, not 10% of account equity. There is no take profit or pyramiding. Missing sessions can delay exits. Commission and slippage default to zero and should be adjusted. The author supplied the TradingView backtest; independent checks passed 31 local rule tests, but native Pine compilation and backtest reproduction remain pending.

Parameters & Installation

Recommended Setup

Platform: TradingView / Pine Script v6

Frequently Asked Questions

How do I install the EA on my MT4/MT5 account?

After purchase, you will receive a detailed installation guide. Simply copy the EA file to your MT4/MT5 Experts folder and restart your terminal. We provide 24/7 support for setup assistance.

What is included in the license?

Your purchase includes a lifetime license for one real account, free updates for 1 year, and access to our Telegram support community. Additional accounts can be purchased at discounted rates.

Do you offer refunds?

We offer a 7-day money-back guarantee. If you experience technical issues that we cannot resolve, full refunds are available within this period. We are confident in the quality of our products.

How often are the EAs updated?

We release regular updates to optimize performance based on changing market conditions. All updates are free for the first year, with optional renewal thereafter.

What VPS do you recommend?

We recommend a VPS with minimum 4GB RAM, 2 CPU cores, and 99.9% uptime. Popular options include Cloudzy, Contabo, and FXVM. A VPS ensures 24/7 EA operation without interruption.

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⚠ READ BEFORE USE

This EA is for educational and expert use only. Test on a DEMO account for at least 30 days before going live. By clicking “OK”, you acknowledge and accept the risks of trading.