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CAP Gold Albatross EA MT5

The MeetAlgo Gold Albatross EA MT5 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.


Testing

It is important backtest CAP Gold Albatross EA with the simulation coefficient of not less than 99%. Some brokers have a significant delay in triggering of stops and orders, which is critical to any trading.


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.‌


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Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
TrendMaster FX
Chen Jia Qi
4.63 (84)
Vorstellung unseres MT5 EA: Mit fortschrittlichen Algorithmen und Deep Learning Technologie ausgestattet, ist unser Expertenberater (EA) sorgfältig designt, um Sie durch die verwickelte Welt des Devisenhandels zu navigieren. Das System analysiert fleißig die Marktaktivitäten und führt Trades basierend auf vorher festgelegten Kriterien durch, damit Sie Markttrends effektiver erfassen können. Empfohlene Währungspaare: Live-Signal: TrendMaster FX MT4-Version: TrendMaster FX MT4 Wir führen derzeit
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
Quantum Trade EA MT5
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4.82 (137)
Wir stellen vor       Quantum Trade EA   , der bahnbrechende MQL5-Expertenberater, der die Art und Weise, wie Sie mit dem prestigeträchtigen GBPUSD-Paar handeln, verändert! Quantum Trade wurde von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung entwickelt       EA wurde entwickelt, um Ihre Handelsreise mit seiner innovativen und dynamischen Breakout-Zone-Strategie auf ein neues Niveau zu heben. WICHTIG! Bitte senden Sie mir nach dem Kauf eine private Nachricht, um die Install
Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es
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Babak Alamdar
4.67 (12)
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DaVinci Code EA
Shintaseftiana
3.4 (5)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
AI NeuroX EA
Denis Kurnev
4.53 (15)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Darwin SWING Einführungspreis 999 USD , zukünftiger Preis 1490 USD. BESCHREIBUNGEN: -- Um zu verstehen, wie es funktioniert, lesen Sie den Blog (Dieser EA spiegelt meine Philosophie des Devisenhandels wider...Wenn Sie meine Art, die Dinge zu sehen, mögen, dann werden Sie auch meinen EA mögen. Nehmen Sie sich die Zeit dafür!!! (Forex ist kein Rennen): https://www.mql5.com/en/blogs/post/745790 -- Um die vergangene Performance zu sehen hier die Links zu den Signalen. Live- und Demo-
Forex GOLD Investor MT5
Lachezar Krastev
4.88 (49)
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
Dark Algo MT5
Marco Solito
5 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
GTX Scalper
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4.66 (38)
Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal:  https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:
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4.07 (15)
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MEETALGO LLC
3.5 (2)
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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  
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463
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5181
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57
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ndrndri
41
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372
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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