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CAP Gold Albatross EA

4

MeetAlgo Gold Albatross EA MT4 is a pure mathematical scalper that trades tick data aggressively. It implements a simple and universal trading strategy which can be applied to any instrument.


Key Advantages

  • Fully automated trading 24/5.
  • No need in a large initial deposit.
  • 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. A good broker with low slippage.
  2. Low spreads (recommended: EURUSD spreads below 5 points).
  3. Default Setting are optimize for EURUSD 1 Minute Timeframe
  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.


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

  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

    • UseIndicator- Choose indicator type to filter signal.
    • Filter Trade- Choose additional trade filter.
    • TakeProfit - Take Profit (in points).
    • StopLoss - Initial Stop Loss (in points).
    • TradeSignal- The trade signal represents the directional volatility needed to trade. Increase value for better performance and less trade.
    • Limit- Distance to reverse in points.
    • SmartStopLevel - if True, StopLoss will move every tick with profit.
    • MaxDurationToCloseOrder - Value in Minute for expire active orders.
    • IndicatorPeriod - Indicator Period (MA or Band).
    • ReverseSignal - if True, All signal will be reverse.
    • TradeOnlyNewCandle- if True, One trade will be open only one candle.

  3. Break Even Setting

    • Active Break Even - True/False.

  4. Trailing Stop Setting

    • Active Trailing - True/False.

  5. Time Configurations

    • Configure your trading time.

  6. Basic Configurations

    • MaximumSpread - Maximum spreads limit.
    • MaximumStopLevel - Maximum stop level.
    • CloseOrderOnSpread - Delete pending order if Spreads reach Max Spreads.
    • ECNBroker- If true, EA place order first then set StopLoss (Broker which not allow place order with StopLoss).
    • 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 20
MattyTrading
2281
MattyTrading 2023.10.27 22:49 
 

EXCELENTE !! un gran EA , Gran Trabajo , en ICM corre muy bien

Ricka Cika
34
Ricka Cika 2023.10.14 17:06 
 

Looks good

Dcoachman27
53
Dcoachman27 2023.08.06 04:48 
 

Love the EA, especially with the amount of back testing that I did, seem to be very profitable. Would love to see how the premium set files would work as well! thank you!

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Auswahl:
rayngts
24
rayngts 2024.04.03 18:32 
 

Just try it today. not bad

agrushev777
2329
agrushev777 2024.02.17 18:19 
 

Der Benutzer hat keinen Kommentar hinterlassen

Dmitrijs Ivanajevs
589
Dmitrijs Ivanajevs 2023.11.03 15:22 
 

Не знаю, от куда 5 звёзд, но в реале слил 25% депозита за день.... лот был выставлен на 5%... Хорошо, что хоть на центовом тестировал...

MattyTrading
2281
MattyTrading 2023.10.27 22:49 
 

EXCELENTE !! un gran EA , Gran Trabajo , en ICM corre muy bien

Ricka Cika
34
Ricka Cika 2023.10.14 17:06 
 

Looks good

Dcoachman27
53
Dcoachman27 2023.08.06 04:48 
 

Love the EA, especially with the amount of back testing that I did, seem to be very profitable. Would love to see how the premium set files would work as well! thank you!

mirceaa
125
mirceaa 2023.02.18 19:28 
 

great EA , ideea is very smart.

Laishram Rishikanta Singh
120
Laishram Rishikanta Singh 2023.01.03 13:55 
 

This EA work in testing but not in real account why?

Sanjay B
88
Sanjay B 2022.12.19 14:07 
 

Exlent ea but whay not execute any trade notworking

fabricio da silva viana schafler
22
fabricio da silva viana schafler 2022.12.19 02:32 
 

gostaria do set premium

blubby89
14
blubby89 2022.07.08 18:54 
 

Backtest works pretty good and now i try it on a real acc.and its only loses money not worth it.

Karolina Novak
224
Karolina Novak 2022.07.05 14:15 
 

...on real acc ..it not open any new trades.. what is wrong..? its becouse of free version? tnx..

huawe
14
huawe 2022.04.26 16:20 
 

Hi, send premium set file for xauusd and eurusd please. Thanks

Recep Apaydin
536
Recep Apaydin 2022.03.28 19:20 
 

Previously 3000 usd demo account made 250,000 usd. at 8 months. I'm restarting now. The link is here. https://www.mql5.com/en/signals/1457423?source=Site+Signals+My#!tab=account

Fakhriddin Yusupov
19
Fakhriddin Yusupov 2022.01.29 15:46 
 

Super

shravankumar1
35
shravankumar1 2021.11.18 08:24 
 

not good all trades closed with red

Shekhar Kumar
101
Shekhar Kumar 2021.09.19 01:51 
 

Not good

mahdi teymori
29
mahdi teymori 2021.08.31 09:46 
 

Real trade even with low spreads but high losses

geeta chandrolia
65
geeta chandrolia 2021.08.11 14:08 
 

Send premium set file for multi currency or xauusd please. Thanks

mahdi teymori
39
mahdi teymori 2021.08.02 08:07 
 

Hello, thank you for your efforts. It has good results in testing, but it does not work in real business. Please help me.

1234
Antwort auf eine Rezension
Version 4.7 2023.04.01
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 4.6 2022.09.02
ADDED: NEW FEATURE – Add Sunday and Saturday into Trading Time configurations
Version 4.5 2022.03.08
UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
Version 4.1 2021.09.24
FIXED BUGS: ReverseSignal not working.
Version 4.0 2021.07.24
Remove "EQUITY GUARDIAN" section. Add New section "I N I T I A L T R A D E S T O P F I L T E R"
Version 3.10 2020.07.04
-->Minor Update
Version 3.0 2020.01.21
-->Minor internal coding update
Version 2.10 2019.05.02
--> Fixed bugs lots size problem.
Version 2.0 2019.04.30
--> Fixed some bugs