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CAP Prime Scalper EA MT5

3

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:

  1. Default setting are already configured for EURUSD (M30, H1, H4) and GBPUSD (M30, H1, H4).
  2. A good broker with low slippage.
  3. Low spreads (recommended: EURUSD spreads below 5 points).
  4. Low stops level (recommended: stop level 0 points).
  5. Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
  6. Small spread significantly increases the EA's efficiency.
  7. 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.

  1. 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.
  2. 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.
  3. Break Even Setting
    • Active Break Even - True/False.
  4. Trailing Stop Setting
    • Active Trailing - True/False.
  5. 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.
  6. Time Configurations
    • Configure your trading time.
  7. 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.‌

Bewertungen 5
Peter Kocsi
187
Peter Kocsi 2020.02.10 16:53 
 

I use the Ea.

I'm very pleased with it!

Beautiful work!

Thanks to the developers!

Chi Cheung Loh
228
Chi Cheung Loh 2018.09.04 09:09 
 

Good ea and good job

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Auswahl:
SimonW
128
SimonW 2021.01.19 18:08 
 

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

jpbenjumea2
21
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
39
phaneendra25 2020.03.16 09:16 
 

not working at all, how can i get refund

Peter Kocsi
187
Peter Kocsi 2020.02.10 16:53 
 

I use the Ea.

I'm very pleased with it!

Beautiful work!

Thanks to the developers!

Chi Cheung Loh
228
Chi Cheung Loh 2018.09.04 09:09 
 

Good ea and good job

Antwort auf eine Rezension
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.