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CAP Prime Scalper EA MT5

99 USD

Demo downloaded: 3 911

Published: 15 August 2016

Current version: 8.2

CAP Prime Scalper EA MT5

Name: CAP Prime Scalper EA MT5
Price: 99.00 USD
Rating: 3 (4 reviews)
Author: MEETALGO LLC

Experts
MEETALGO LLC
Version: 8.2
Updated: 2 April 2024
Activations: 10

CAP Prime Scalper EA is a Forex scalping EA that uses a smart system to detect key breakout signals then cuts the profit of the move as much as possible while minimizing the loss. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. It also has option to stop trading before important news releases to avoid slippage and spread widening. Uses fixed stop loss and trailing stop of profitable trades in its operation. Is optimized using real ticks with 99.90% model quality.

This EA is very easy to setup, you just need to set few parameters and it will run automatically. It has the functions of the multi-currency trading. The Virtual Mode allows you to place orders and net profit levels without a broker.

BUY MT4 Version - https://www.mql5.com/en/market/product/17724

Key Advantages

Fully automated trading 24/5.
No need in a large initial deposit.
No Martingale, No Grid.
Always uses Stop Loss to protect capital.
Position trailing stop is used.
Both a fixed lot and a free margin percentage are used.
Ability to set time limitations for the EA operation.

Trading Requirements

Caution is advised. In order to be profitable with this EA, you need the following:

Default setting are already configured for EURUSD (M30, H1, H4) and GBPUSD (M30, H1, H4).
A good broker with low slippage.
Low spreads (recommended: EURUSD spreads below 5 points).
Low stops level (recommended: stop level 0 points).
Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
Small spread significantly increases the EA's efficiency.
Use only five-digit accounts.

Working currency pair/timeframe: EURUSD H1, GBPUSD H1.

Recommendations

For correct robot operation, it is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS chosen based on the closest location to the broker to achieve the lowest possible ping, which provides better conditions for the robot to place orders.

Input Parameters

For a complete description of the input parameters of the EA, kindly read the user guide.

Lots Management

LotsType - Select any of lots management type.
EquityPercent - Lot is chosen automatically based on percentage of the equity.
FixedLots - Fixed Lots.
UseMarginPercent - Lot is chosen automatically based on percentage of the full margin value. For example, if you set 100% then EA open lots size based on 100% of free margin.
XBalance - Lot will increase based on XBalance amount. Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
LotsizePerXBalance - Lot size of XBalance.

EA Configurations

TakeProfit - Take Profit (in points).
Initial StopLoss - Initial Stop Loss (in points).
Hidden StopLoss - Hidden Stop Loss (in points).
AskPriceShift/BidPriceShift - Parameter representing the breakout points shift value.
ATR Period - ATR Period.
Signal Frequency - Parameter representing the signal points. Increase value for better performance and less trades.
Volatility Scale - Volatility range for price analysis.

Break Even Setting

Active Break Even - True/False.

Trailing Stop Setting

Active Trailing - True/False.

Split Lot Size Setting

SplitProfitLots - Enable profitable order division mode.
Start Split - Points of profit to start dividing a profitable deal.
Split Lots Percentage - Lots percentage for each profitable deal division.

Time Configurations

Configure your trading time.

Basic Configurations

Maximum Spread - Maximum spreads limit.
CloseOrderOnSpread - Delete pending order if Spreads reach Max Spreads.
Custom Commission (USD per lot) - Commission for per standard lot (not used by most of brokers).
SLWithSpreads - If true, Spreads will add with Stop loss.
ResetSLforSlippages - If true, Stop loss will be reset if stop loss change for slippages.
Slippage - Maximum slippage value.
Magic - Magic Number.

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.‌

more...

187

Peter Kocsi 2020.02.10 16:53 #

I use the Ea.

I'm very pleased with it!

Beautiful work!

Thanks to the developers!

228

Chi Cheung Loh 2018.09.04 09:09 #

Good ea and good job

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The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time. You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trade

80 USD

CAP Zone Recovery Strategy Builder EA MT5 is a another version of our Main Product CAP Zone Recovery EA. This EA is a strategy builder type EA has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy. Also this Builder offers an incredible amount of functionality with zone recovery strategy. So you can test your strategy easy way without knowledge of coding. [ Installation Guide | Update Guide | Submit Your Problem

69 USD

30 USD

CAP Channel Trading EA MT4 is Expert Advisor that base on our famous indicator CAP Channel Indicator . EA is a non-optimized expert advisor you have to find best setting by yourself. Who using our CAP Channel Indicator and looking for EA that base on Channel indicator this EA is best for them. We give lots of options so you can customize your trading strategy. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Channel Trading is a volatility-based indicator th

40 USD

The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptoc

FREE

CAP Breakout EA MT5 is a flexible and powerful metatrader expert advisor that using several breakout strategy and implements many useful features. It using the ZikZak Breakout, Daily candle breakout, London time breakout, Pivot points breakout and several breakout strategy. It offers many customizable trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode [ Installation Guide | Updat

FREE

MeetAlgo Universal Grid EA MT4 is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to set up and supervise No indicators or hard analysis needed Grid trading is time-frame independent Requires little forecasting of the market Extracts money out of the market regularly Key Features Easy to

30 USD

FREE

CAP Universal Grid EA MT5 is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to set up and supervise No indicators or hard analysis needed Grid trading is time-frame independent Requires little forecasting of the market Extracts money out of the market regularly Key Features Easy to set

30 USD

CAP Zone Recovery Strategy Builder EA MT4 is a another version of our Main Product CAP Zone Recovery EA. This EA is a strategy builder type EA has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy. Also this Builder offers an incredible amount of functionality with zone recovery strategy. So you can test your strategy easy way without knowledge of coding. [ Installation Guide | Update Guide | Submit Your Problem

69 USD

MeetAlgo RSI Trade EA MT5 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-

FREE

CAP Prime Scalper EA is a Forex scalping EA that uses a smart system to detect key breakout signals then cuts the profit of the move as much as possible while minimizing the loss. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. It also has option to stop trading before important news releases to avoid slippage and

99 USD

CAP Breakout EA MT4 is a flexible and powerful metatrader expert advisor that using several breakout strategy and implements many useful features. It using the ZikZak Breakout, Daily candle breakout, London time breakout, Pivot points breakout and several breakout strategy. It offers many customizable trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode [ Installation Guide | Updat

FREE

CAP Breakout EA MT4 Pro is a flexible and powerful metatrader expert advisor that using several breakout strategy and implements many useful features. It using the ZikZak Breakout, Daily candle breakout, London time breakout, Pivot points breakout and several breakout strategy. It offers many customizable trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode [ Installation Guide | U

49 USD

CAP RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-even,

FREE

CAP Stochastic EA Pro MT5 trades using the Stochastic Indicator. It offers many customizable Stochastic trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strategy builder EA. It produc

49 USD

CAP Ichimoku EA MT5 trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Functions Easy to use and customizable Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los

FREE

CAP Breakout EA MT5 Pro is a flexible and powerful metatrader expert advisor that using several breakout strategy and implements many useful features. It using the ZikZak Breakout, Daily candle breakout, London time breakout, Pivot points breakout and several breakout strategy. It offers many customizable trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode [ Installation Guide | U

49 USD

CAP Stochastic EA MT5 trades using the Stochastic Indicator. It offers many customizable Stochastic trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Functions Easy to use and customizable Stochastic setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss C

FREE

CAP Moving Average EA trades using the Moving Averages Indicator. It offers many customizable Moving Averages trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Functions Easy to use and customizable Moving Average setting. Customizable indicator settings Built-in money management Grid trad

FREE

30 USD

Trade easily from the chart with CAP Trade Pad EA . It handles risk management for you and can perform several useful tasks with your existing trades. Trade easily from the chart Trade with precise risk management hassle free Set your desired stop loss and take profit levels Close all existing trades with a single click Delete all pending orders with a single click Reap partial profits with a single click It has no input parameters How to Use Please Read this blog - Details Information in o

FREE

CAP Moving Average EA MT5 trades using the Moving Averages Indicator. It offers many customizable Moving Averages trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Functions Easy to use and customizable Moving Average setting. Customizable indicator settings Built-in money management Grid

FREE

The CAP Equity Guard MT4 is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The CAP Equity Guard EA is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts. The EA performs the following tasks: It monitors your entire trading account. Easy to use! Just drag it to a random empty chart. It will work perfectly, if MetaTrader restarts. It can be workable with your

FREE

CAP Ichimoku EA MT4 trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Functions Easy to use and customizable Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los

FREE

The CAP Equity Guard MT5 is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The CAP Equity Guard EA MT5 is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts. The EA performs the following tasks: It monitors your entire trading account. Easy to use! Just drag it to a random empty chart. It will work perfectly, if MetaTrader restarts. It can be workable with y

FREE

Filter:

128

SimonW 2021.01.19 18:08 #

Backtest with "ticks based on real ticks" provides negative result

jpbenjumea2 2020.06.10 23:25 #

Yes, the backtest with "every tick" is beautiful, but do the backtesting with "ticks based on real ticks" and the results are totally different, because of the oscillations of price (which is not real using "every tick" setting)... don't waste your money and time using this EA. There are much better EAs, also from this author, but this one doesn't work.

phaneendra25 2020.03.16 09:16 #

not working at all, how can i get refund

187

Peter Kocsi 2020.02.10 16:53 #

I use the Ea.

I'm very pleased with it!

Beautiful work!

Thanks to the developers!

228

Chi Cheung Loh 2018.09.04 09:09 #

Good ea and good job

Version 8.2 2024.04.02

UPDATED: Minor Update, Internal coding change, Build with new compiler.

Version 8.1 2023.04.02

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 8.0 2023.01.28

Internal coding update
Build with a new terminal
No new update to external trading logic/input

Version 7.10 2021.03.14

Minor Update

Version 7.0 2019.12.28

-->Improved Trading Logic

Version 6.70 2019.12.08

-->Minor Internal coding change

Version 6.60 2019.01.02

--Improved trade logic.

Version 6.50 2018.12.01

Add Inputs

Add auto download news filter. To run this version you need to allow url "http://ec.forexprostools.com" to download news feed. By default Enable news filter = false.

Please Read new description how to use news filter.

Version 6.0 2018.06.26

- Improved trading logic.

Version 5.50 2018.04.23

- Improved Coding.
- Added auto news filter (news downloaded from the news website).

Version 4.20 2017.09.11

--> Minor bugs fixed.

Version 4.10 2017.09.06

- Improved Coding.
- Minor Bugs Fixed.

Version 4.0 2017.08.31

Add New Function----
--> New Input 'Filter Trade'. Select trade filter by MA's trend.
--> Improved code logic and improved strategy.