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CAP Zone Recovery EA Pro MT5

3.82

CAP Zone Recovery EA MT4 is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy".


CAP Zone Recovery EA MT4 is extremely easy to use. You just open a trade in a trending market - no matter which direction. You just enter a Take Profit level, no Stop Loss! Again: You will never again lose money because your trade hits the Stop Loss! Instead, this EA uses a smart hedging technology turning even losses into wins. In case the market moves in the unfavorable direction, the Zone Recovery Algorithm starts hedging your trade by placing an opposite order, but with multiple lot size. If market should turn again, the same procedure starts again. The result is a "trading channel" with an upper TP and a lower TP and an alternating series of buy and sell trades at specific levels and with different lot sizes within this channel. Once one of the TP levels is hit - and we all know it is absolutely sure that either the higher TP or the lower TP is reached - all open trades will close with a combined profit.


Why you Buy This EA
  1. Low price in market.
  2. Build in Automatic trading strategy. EA can manage your manual but also you can set full automatic. EA come with more then 16+ automatic trading strategy to open your initial trade.
  3. Break Event and Trailing. Break event or Trailing can be work both initial trade and hedge trade.
  4. Can be work on CDF, INDEX or Brazilian stock market 
  5. Customization capabilities for future. A unique customization code will be assigned that will perform the relevant customization functions once the code is entered. Options will be controlled by an external file.


How does the Recovery Algorithm work?

Let's say you just entered the market with a "buy market" position with 0.01 lots and your RecoveryGAP=200 points and TakeProfit=300 points.  CAP Zone Recovery EA places a pending "stop sell" order to hedge your position instead of a Stop Loss in a predefined distance. What can we predict for sure? The market will move - either up or down. It can take some time, but it will move because it simply has to!

 

At this point, two scenarios are possible:

Scenario 1: Market moves up (without reaching your Recovery activation level in the meantime) and hits your Take Profit. The trade is closed and your profit is fixed.

Scenario 2: Market moves down and reaches Recovery activation level. A trade to the opposite direction is opened with different lot size. Again, for this order a pending order is placed hedging the new position. A new Take Profit is determined for all trades. This procedure is repeated with any change in market direction unless the Take Profit is hit and all trades are closed with combined profit.

What is amazing and turns this EA into a money printing machine: Both, scenario 1 and scenario 2 end with a profit!

The definitions and Recovery Algorithm are illustrated in the Recovery Zone Algorithm image bellow. In this example the initial trade is 0.01 lot, the RecoveryGAP is 200 points while the takeprofit is 300 points.



This is what CAP Zone Recovery EA is all about: Turning every trading session into earning money! At any point in time, any price level, you can enter a trade, and this amazing EA automatically adds several new positions by anticipating market movements. CAP Zone Recovery EA helps you optimize your Recovery level as well as multiple lot sizing. To get even better results, you have also the opportunity to enter a "Trailer Stop Loss" and a "Break Even functionality" for the initial trade.


User Guide


    Problem with EA?


      Things to keep in mind


      Optimized Setting


      Others Version

      MT4 Version here | MT5 version here


      Official Channel

      To get product news, setting files, and free indicators, please subscribe to our Official Channel.


      Author

      Mohammad Ali, technical analyst and speculator, software engineer and founder of MEETALGO LLC.‌

      Reviews 20
      Daniel Zozula
      948
      Daniel Zozula 2024.08.29 20:38 
       

      der EA ist mega TOP nur man benötigt viel Zeit bei der Setup-Entwicklung dieser EA ist eher für fortschrittliche Trader mit mehreren Jahren Erfahrung geeignet

      Angel Smith
      100
      Angel Smith 2021.03.17 11:25 
       

      Anyone recommend me a good set file?

      igor.bracinac
      36
      igor.bracinac 2020.12.16 23:28 
       

      GREAT EA!!!. I am using it for several months every day, sometimes at 15-20 charts simultaneously. So far IT WORKS EXCELLENT. It has a lot of options, you can make a lot of setups. Like any other EA, it's not a Holly Grale, you need to have a strategy and a setup that works. I use 3 more EA's from the same author, and everyone works well. Excellent job Mohammad! Thank you :)

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      Filter:
      Niccolo Tirelli
      1113
      Niccolo Tirelli 2024.10.19 07:08 
       

      I started to use this EA to change my approach and now are working on different pair and accounts. The EA work fine, I think it's possible improve with some functions that are a bit logic to implement but it's normal. The function of hedge is not so easy to use really, there are a lot of hide difficult when you want to use that need much attention. But it's not a problem of the product! I hope to can send some ideas to the author for do better!

      Daniel Zozula
      948
      Daniel Zozula 2024.08.29 20:38 
       

      der EA ist mega TOP nur man benötigt viel Zeit bei der Setup-Entwicklung dieser EA ist eher für fortschrittliche Trader mit mehreren Jahren Erfahrung geeignet

      5039879
      30
      5039879 2024.08.09 23:06 
       

      hi , I would like you to help me solve the following: my need is the system to be able to place orders and open positions in the same candle after having closed the previous order or position. Currently it opens one position every minute and does not open the next position until the candle ends. Would it be possible for you to help me? thank you for your time.

      Luis2205
      31
      Luis2205 2024.07.15 05:39 
       

      very very bad ! i lose money right after 2 minutes using the bot !

      Duy Dong Dao
      308
      Duy Dong Dao 2023.10.16 11:57 
       

      I have purchased CAP Zone Recovery EA PRO (MT5). Could you give me updated BEST set file for Grid mode, Hedge mode for EURUSD, GBPUSD, USDJPY, XAUUSD(3digits after comma ".") ? My deposit is 3000 USD. Thank you.

      Salah Baki
      138
      Salah Baki 2023.08.14 03:17 
       

      Honestly its got so many features that you re left wondering what have you tweaked Wrong. Too many parameters to configure and so is the market the EA should adapt itself to market conditions not leave it to subjective trader decision. The EA has all the indicators why would it ask me every single detail instead of configuring himself except few like account size and leverage. If I have to change and check inputs this way I rather trade myself alone instead of using an EA. Also the author Does not provide any decent profitable settings for any pair except from a couple of ones that make some gain but draws down at least 17% . I found the loss control doesn't work and I couldn't find a single setting that made a consistent profit in anyway ...just random stuff ...what would be the Beaty of a robot like this that instead of helping you trade it makes it even more cumbersome

      Mosim Umar Nivasekar
      153
      Mosim Umar Nivasekar 2022.12.05 18:25 
       

      Great EA if your trade style is very risky use recovery factor on.....you can create low risky set up as well other than recovery set up there is grid setup and added more strategies to create, thats was the best part...

      marcus vasconcellos
      102
      marcus vasconcellos 2022.11.23 13:37 
       

      No give SUPPORT, many contacts but without answer.

      arguerre
      41
      arguerre 2021.09.15 19:29 
       

      No sirve me hizo quemar la cuenta

      Trend Investing
      37
      Trend Investing 2021.06.19 21:40 
       

      I DO NOT RECOMMEND...DOES NOT WORK..

      Alejandro Villa Gonzalez
      686
      Alejandro Villa Gonzalez 2021.04.07 21:46 
       

      Useful and you can earn money, but very simple

      Angel Smith
      100
      Angel Smith 2021.03.17 11:25 
       

      Anyone recommend me a good set file?

      jose1201
      69
      jose1201 2021.01.12 00:39 
       

      no me a funcionado para nada no llena mis expectativas

      igor.bracinac
      36
      igor.bracinac 2020.12.16 23:28 
       

      GREAT EA!!!. I am using it for several months every day, sometimes at 15-20 charts simultaneously. So far IT WORKS EXCELLENT. It has a lot of options, you can make a lot of setups. Like any other EA, it's not a Holly Grale, you need to have a strategy and a setup that works. I use 3 more EA's from the same author, and everyone works well. Excellent job Mohammad! Thank you :)

      OTKB
      63
      OTKB 2020.12.08 08:27 
       

      a Great product, it is very useful and helpful

      MURILO BADARO
      56
      MURILO BADARO 2020.12.02 18:56 
       

      Excelent....congratulations ...the best experience for me in EA

      denisretamozo
      328
      denisretamozo 2020.11.30 16:08 
       

      Very good EA but we need to update the user manual

      freddo13542
      139
      freddo13542 2020.11.02 15:24 
       

      It is easy to optimise some settings to give low risk profits around 30% a year if you make good use of hedging, trail stop, grid and breakeven. The indicators are nice extras to give basic entry points to give more favourable returns. You can also make very risky strategies with this EA if you wish. It only takes a few days of optimising to get decent settings for whatever risk appetite you have.

      Ray
      403
      Ray 2020.10.26 15:21 
       

      Not really that great

      Silverveins
      306
      Silverveins 2020.09.14 07:02 
       

      I´m from Brazil and the Time Configurations Didn´t work with my backtest, I set GMT 3 and Trade America Time I set : 09:00 - 09:45, but opened order after time set. Could you help me?

      12
      Reply to review
      Version 11.3 2024.09.24
      MINOR UPDATE: Update EA will new build
      FIXED BUGS: Auto trading and manual in same pair can't work, fixed this version. you can use ea in same pair with one manual trade and multiple auto trade with different magicnumber
      Version 11.2 2024.08.14
      FIXED BUGS: When Initial Trade Type = Instant, trade open 1min. delay after trade closed.
      Version 11.1 2024.05.25
      FIXED BUGS: From the previous week the news filter stopped working. In this version add a new input 'News URL' where there are different URLs of the news filter. You can select a news URL that works with you. There are three news source URLs -

      https: // ec.forexprostools.com
      https: // sslecal2.investing.com
      https: // sslecal2.forexprostools.com

      Keep IN MIND - If you select any news URL, you have to add the URL into Allow 'WebRequest for listed URL'
      Version 11.0 2024.04.04
      UPDATED: Minor Update, Internal coding change, Build with new compiler.
      Version 10.9 2024.01.07
      ADDED: NEW INPUT –
      ---> Check Market Close- Set it true if your EA stuck in backtest for "open trade when market closed" message.
      Version 10.8 2023.12.02
      FIXED BUGS: When Non-Hedge Mode is active Trailing will not work average closing when you have grid mode.
      Version 10.7 2023.03.30
      FIXED BUGS: The news filter not working, we fixed this issue. Please Add a new link to Terminal Options. The new link will be shown by EA
      Version 10.6 2023.02.13
      --->Minor update, complied with new build
      Version 10.5 2022.12.12
      UPDATED: We change Input's name to TRADE TIME & NEWS FILTER. Also, we remove the GMT offset function from Trade Time. So what you set trade time will fellow the same time show on your terminal

      GMT Offset function moves to News Filter, It will only work with the news filter.

      NOTE - Your old setting file can't be compatible with this version only for TRADE TIME, other functions will work with the setting file. So update your setting file.
      Version 10.1 2022.03.26
      UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
      FIXED BUGS: News filters
      Version 10.0 2021.08.08
      ADDED: NEW FEATURE – Dynamic Hedge GAP ATR add. Now you can choose Hedge GAP with ATR value
      Version 9.50 2021.04.19
      Product Update Info
      FIXED BUGS: Grid trade continuous open when Non-hedge mode active or your account is netting account
      ADDED: NEW INPUT –

      Section (1)
      Delete All Pending Order When Initial Trade Active - By default it is True, So if you open several pending orders as initial trade
      Ea will delete all pending orders when one of the pending orders is active. But if you set false then EA will not delete any
      pending order so you have to manually delete all pending orders otherwise EA will not work properly recovery mode.
      Version 9.40 2021.04.12
      -->Minor Update - Internal coding update
      Version 9.30 2021.04.03
      Product Update Info
      FIXED BUGS: Max Profit or Max Loss not work when Non-Hedge Mode active.
      Version 9.20 2021.03.05
      Product Update Info
      FIXED PROBLEM: In this version now you can open multiple initial trade + Grid Trade with Panel. To open initial trade with grid trade. Set following step -

      1. Initial trade type = Penal
      2. Active Grid = On
      3. Set Number of grid trade =
      4. Don't open grid trade by EA = True (You must set is true, otherwise EA will open grid trade by yourself)
      Version 9.10 2020.10.29
      Product Update Info
      FIXED BUGS: When Non-Hedge Mode = Active then Custom Hedge Lots not working.
      Version 9.0 2020.09.12
      --->Minor bugs fixed
      --->Fixed Problem - When you active closing time then EA will not open any initial trade in your selected closing time.
      Version 8.70 2020.07.28
      ADDED: NEW INPUT – New section add "(12) I N I T I A L T R A D E S T O P F I L T E R " there you can find 8 initial trade filter to stop open new initial trade open. Daily Max Initial Trade, Max Daily Profit, Max Weekly Profit, Max Monthly Profit etc. You can set value when terget meet EA stop open initial trade for Daily or Weekly or Monthly. You can set Max Profit or Max Loss. Keep in mind Max Profit or Max Loss will not calculate when profit in floating. When you have to trade then EA will calculate profit/Loss to stop open new initial trade.

      ADDED: NEW INPUT – New section add "(13) I N I T I A L T R A D E C L O S E F I L T E R". You can set time zone when time zone come EA will close all trade. It useful for brazilian or stock market who have to close trade on selected time.

      Keep in Mind when you active close trade time zone, you have to active trade open time filter same time zone. Close time zone only for close your current trade but it will not prevent open trade on that time, you have to active same time also so EA will not open trade on that time In section ((09) T I M E C O N F I G U R A T I O N S)
      Version 8.60 2020.07.15
      --->Bugs Fixed when active Non-hedge mode with Hedge Lots Type = Custom then EA stop to working.
      Version 8.50 2020.07.13
      --->--> Fixed News filter give continuous Alert message
      Version 8.40 2020.07.11
      -->Minor Update
      Version 8.30 2020.07.08
      --->Major bugs found on previous last version.
      -->Fixed problem EA stop working after updated version 8.20
      Version 8.20 2020.07.07
      -->Fixed News filter not work properly
      Version 8.10 2020.06.22
      -->Fixed Bugs
      -->In Non-Hedge Mode TakeProfit For Hedge was not work properly.
      Version 8.0 2020.06.17
      -->Major update come with this version
      -->We change "Recovery" word to "Hedge" word. All input's was previously show Recovery word, now it will show with "Hedge" word. example old version as "Max Recovery Trade" now it will show in input "Max Hedge Trade"

      -->New Input function

      --->In Section (01)
      -----> Number of Loop Trade (0 mean disabled)

      --->In Section (02)
      ----> Grid GAP Type
      ----> Custom Grid GAP (Points)
      ----> Grid Lots Type
      ----> Custom Grid Lots
      ----> Don't Open Grid Trade by EA

      --->In Section (04) (This is new section add in this version)
      ----> Active Non-Hedge Mode
      ----> Add Current Lots With New Lots

      --->In Section (14)
      ----> Add Swaps & Commissions On TP - if True, then EA will add commission and swap rate with your selected TP
      ----> Commission Per 1 Lots (0-Mean Auto Calculate) - You can set your Pair broker commission over here (per 1 lots what your broker commission) if you set 0 then EA will calculate commission from trade. Some broker not show commission on trade it will cut his commission from balance for that type of broker you have to set commission manually.

      --> Bugs Fixed
      --->We improved Non-Hedgemode TakeProfit will be better calculate in this version.

      You will find All new inputs details on product description.

      --->Read This Before Update
      ---->Old setting file will not work in this version. because you change name ea's input. So don't use old setting file. You have to create new setting file again.
      ---->Don't update if you have already existing trade opened by old version.
      Version 7.70 2020.05.28
      -->Fixed the bugs, EA not work perfectly when Non-Hedge Mode = On.
      Version 7.60 2020.04.24
      New Input
      -->In Time Section Add new SaturdayTrade and SundayTrade trade filter add
      -->Pending Order Price Type, Now you can set Initial Pending order type
      1. Fix Price - When you set this EA will open pending order with fix price what ever you set in input's "pending Order Price Value"
      2. Distance In Points - When you set this EA will open pending order with fix distance from current price what ever you set in input's "pending Order Price Value".

      Update Existing Function
      --> Custom Plug are remove from Initial Trade Type. Now you can find Custom Plug In into Auto Trading. Now you can combine auto trade with Build in Indicator with your custom indicator.
      Version 7.0 2020.03.25
      -----> IMPORTANT NOTE <-----
      --> Major modification come with this version, some function are deleted and new function are add so before update your product check this version first then update. Contact with me if you have confuse.
      --> Re-arrange input, may your old set file will not work with this version.

      --> And most important don't update your product if you have already existing trade. New version will not work if you have opened trade from old version.

      -----> UPDATE NOTE <-----

      --> EA can now manage if you have open multiple initial trade.

      --> Improved coding "Non-Hedge Mode". previous version when Non-Hedge Mode=true, average TP will not work, but in this version Average TP also work in this version. In Non-Hedge mode EA will close previous trade when new trade open, EA will get profit/loss from history data all trade are closed previously so when Previously Trade's Profits + Current Trade's Profits = TakeProfit EA will close current cycle.

      --> Improved auto trading logic (Heiken Ashi)
      --> Improved auto trading logic (Ichimoku)
      --> Add new auto trading logic (ADX)
      Version 6.60 2020.02.27
      -->Bugs Fixed
      --->Version 6.4 has serious bugs. Please immediately update with 6.60
      Version 6.40 2020.02.27
      -->Bugs Fixed
      --->4 digits lots size not work properly, Fixed problem in this version.
      Version 6.30 2020.02.21
      -->Fixed problem dashboard becomes larger and larger.
      Version 6.20 2020.01.29
      -->Bugs Fixed<--

      --->Fixed problem when grid active Loss Taking Policy=Close Trade By Trade not working properly.

      -->Add Function<--

      --->Details news filter function add this version
      --->You can now open multiple pending order. When one pending order active others all pending order will be deleted.
      --->On Dashboard total current profit/loss will be show.
      Version 6.0 2019.12.27
      -->New Inputs
      --->Recovery GAP Type = Custom Fix GAP, You can select every recovery different recovery GAP for all trade.
      --->Custom Fix Recovery GAP (Points) = Put zone gap for every trade separate by ";"

      -->Remove Existing Function
      --->'T W O - S T A G E R E G I O N' fully deleted from this version. Because it is not necessary now. You can set your own recovery gap by Recovery GAP Type = Custom Fix GAP
      Version 5.80 2019.11.27
      -->New Inputs Add
      --->Remove Hard TP/SL From Initial Trade :- When it is true EA will remove hard TP or SL from your initial trade. Sometime External EA open initial trade with Hard TP or SL, hard TP or SL can't work with zone recovery system.
      Version 5.70 2019.10.26
      -->Bugs Fixed
      ---> Auto Trading Inside Bar (Breakout) was not working, we fixed in this version.
      Version 5.60 2019.09.03
      -->Improved coding...
      -->Add Initial lots type (Now two type of initial lot)
      ----> Fixed Lotsize
      ----> Lots Base On XBalance (Initial lot will be increase or decrease depend on balance)
      Version 5.50 2019.07.16
      Bugs Fixed
      --> "Max Recovery Trade" was not work properly when you set Non-Hedge Mode=true, this version we fixed this bugs, now Max Recovery Trade also work when you set Non-Hedge Mode =true.

      --> We fixed some problem in "Custom PlugIn". Now you can develop own initial strategy. How to create custom Plugin please our new blog post - https://www.mql5.com/en/blogs/post/727292
      Version 5.40 2019.07.08
      -->Bugs Fixed
      --->Some Broker change trade comment so cap zone recovery can't work properly. This version try to fixed this issue. but still recommend use broker those will not change comment.
      --->Grid multiple lots will work properly if you open trade manually.
      Version 5.30 2019.06.16
      --> Bugs Fix - Ichimoku Strategy not working properly, fixed this version.
      Version 5.20 2019.05.06
      -->Instant trade add in "INITIAL TRADE TYPE". Why you want instant buy or Sell use Initial Trade Type = Instant.
      Version 5.10 2019.05.06
      -->Instant trade add in "INITIAL TRADE TYPE". Why you want instant buy or Sell use Initial Trade Type = Instant.
      Version 5.0 2019.05.01
      --> Major change comes into this version. Before update please check EA inputs again. Some function deleted and some new function add.
      --> Please read new manual version (5) before update your product.

      WHAT’S NEW -

      --> In new version you can add individual different TP level for each Recovery Trade.
      --> Fix Distance TP also add for Recovery Trade.
      --> Max Daily trade add for initial trade.
      --> Automatic strategies are now work like strategy builder. You can combination each strategy with others strategy. Example when you active Bollinger = On and MA = On that mean EA now open trade when both signals come same. Old version can work with one strategy at once.

      IMPORTANT ----

      1. Don't update your product if you have existing trade. Update version can't work with your existing trade that opened with old version.
      2. Old setting file can't work with new version because some input name changed.
      3. New version should be work with demo account before go live.
      Version 4.30 2017.10.04
      Major Update - Serious coding bugs was in 4.20. I fixed it this version, please update your product immediately.
      Version 4.20 2017.09.20
      -->As per client request, I restore NonHedgeMode again.
      Version 4.10 2017.09.15
      -->Remove Input 'Non-Hedge Mode'- Non-Hedge Mode are not match with this EA and calculation was wrong. So, we remove this function from this version.

      -->For some client requested, we add two new inputs - HedgeTradeComment and GridTradeComment to change default hedge comment. But you cannot set NULL value. Both inputs require value. Please keep in mind that the EA tracks hedge trade with comment. So please do not change this value, if you have exited a trade.

      Added the new input----
      --> On the dashboard, the EA will show maximum margin needed per cycle and also max drawdown per cycle.
      --> Improved code logic.

      Added the new inputs----
      --> Stop Open Initial Trade (Initial Trade Setting) - if True, the EA stops opening new initial trade, but still manages existing trades.
      --> Show Trade Plan (Display Info) - if True, the EA will show a trade plan based on a max hedge order.

      Bugs Fixed----
      --> The previous version of MaxHedgeOrder was calculated using an initial trade. The new version is calculated individually. For example, MaxHedgeOrder=4. You open one initial trade, then the EA opens 4 hedge trades and stops.

      Please Note----
      --> Never update your product if you have existing trades.
      Version 3.0 2017.06.22
      Add New Function----
      --> Added New 6 Automatic Trading Strategies (such as Inside Bars Breakout, Ichimoku Breakout, 4 New BBand Strategies).
      --> New Input 'Show Back Test Report'. If true, it will show Advanced Backtest Statistics report on chart. Only works in Visual mode.
      --> Improved code logic.

      Bugs Fixed----
      --> There was a bug, due to which the Hedge lots couldn't work properly when user enables Grid. We fixed that problem in this version.


      Please Note----
      --> Never update your product, if you have existing trades.
      --> Don't use old setting file (*.set). Because sometimes we change the names of input parameters. So, old setting file may not work properly.
      Version 2.0 2017.05.15
      Add New Function----
      --> Non-Hedge Mode: EA delete previous order before open any hedge order. EA keep always signal order only.
      --> Two different TakeProfit type both initial and hedge trade.
      --> Break Event and Trailing also work on both initial and hedge mode.
      --> New version you can select your zone GAP by dynamic base on number of candle high/low.
      --> New version can handle your initial trade by external EA more flexible then old version.

      Please Note- Never update your product, if you have existing trade.