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CAP Gold Albatross EA MT5

2.22

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.


Author

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


Bewertungen 12
Chalermpol Sooksilp
391
Chalermpol Sooksilp 2023.03.18 15:33 
 

Good

palekar_shailesh
57
palekar_shailesh 2022.04.22 11:35 
 

Hi, I am using the CAP software from 1 year. I want to know how to set spread below 5spread in expert properties in real account. Your reply is highly appreciated. Thanks

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Aleksei Butler
2.61 (18)
Es ist ein vollständig optimiertes und anpassungsfähiges neuronales Netzwerksystem. Die Strategie basiert auf MACD und gleitendem Durchschnitt, die komplett neu gestaltet, verfeinert und mit einem neuronalen Netzwerk kombiniert werden. Alle neuronalen Netzwerkeinstellungen sind in den Expert Advisor integriert. Um die Einzahlung zu schützen, setzt es immer Stop Loss und Take Profit. Empfehlungen Währungspaar: GBPUSD Zeitrahmen: H1 Mindesteinzahlung: $100 Kontotyp: Beliebig mit minimalem Spread
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Petros Shatakhtsyan
SAFE Robot Pro is a fully automatic robot that has the level of a professional trader. The robot uses a completely new and unknown strategy. During real trading, he does not look towards history and acts according to circumstances. SAFE Robot PRO went through detailed optimization in the cloud, using a special utility based on neural networks. As a result of the work, universal base points were formed for working on different brokerage companies and accounts. The robot was trained for a long tim
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Sydney MT5
Ruben Octavio Gonzalez Aviles
4.38 (13)
Sydney ist ein komplexer und neuartiger Algorithmus, der künstliche Intelligenz in Kombination mit traditioneller technischer Analyse einsetzt, um künftige Marktbewegungen der Symbole GBPUSD und USDJPY vorherzusagen. Dieser Expert Advisor nutzt rekurrente neuronale Netze, insbesondere Long-Short-Term-Memory-Zellen, die mit Daten von Indikatoren der technischen Analyse trainiert werden. Durch diese Methode ist der EA in der Lage zu lernen, welche Indikatoren für künftige Kursbewegungen am relevan
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Bailey John Wickens
5 (2)
Wir stellen den Prop Firm Pass EA / Funding Challenge Pass EA vor - Diese Einstellungen wurden optimiert, um Prop Firm Challenges wie FTMO, My Forex Funds und E8 Funding zu bestehen, um nur einige zu nennen. SIEHE OPTIMIERTE EINSTELLUNGEN UNTEN!!! FUNKTIONIERT AUF ALLEN FINANZIERUNGEN / EIGENTUMSUNTERNEHMEN / KONTEN Dieser EA wird seit Anfang 2022 jeden Monat getestet Getestete Monate: 14 Vergangene Monate: 12 Fehlende Monate: 2 Dieser EA und die Einstellungen wurden optimiert, um kleine Ausbrüc
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Dow Jones Predictor MT5
Cristian Mihail Pauna
Dow Jones Predictor is a professional expert advisor based on an algorithm which is running continuously since 1998 with positive and stable results. The software is optimized for spot CFD of Dow Jones Industrial Average US Stock Market Index (US30). This algorithm uses  Price Cyclicality , Relative Cyclicality , Adaptive Cyclicality ,  Compound Cyclicality , Volume Cyclicality ,  Price Prediction Line ,  Price Cyclicality Line , Smoothed Heikin Ashi , Relative Smoothed Heikin Ashi , Relative Mo
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NEW! May 16 2023 Trades; Currency pairs - Metals and more. Prob firm passed account signal My Forex Funds account passing signal Get the EA absolutely free with our Partner Program. Learn more at the bottom. This is a no gamic ChatGPT nor OpenAi EA! This is a real Ai history trainer/trader. It starts by training the EA with the backward history of any currency pairs under the one hour time frame. Then it will start trading based on support and resistance zones and matching them with t
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Vladimir Mametov
5 (4)
Fully automated scalping trading advisor. The algorithm of the adviser is based on trading from significant levels. Orders are closed by Take Profit, Trailing or Stop Loss. Expert Advisor settings optimized for the Roboforex broker. Minor optimization of input parameters for other brokers may be required.  The Expert Advisor can work on various financial instruments, but it shows the best results on the EURUSD currency pair. Signal: https://www.mql5.com/en/signals/1927842 Advantages: Optimized
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TrendyFollow FX
Chen Jia Qi
4.5 (4)
NEW: If you are interested in becoming our partner, please contact us directly by sending us a message. For M15 timeframes Recommendations are GBPUSD  currency pairs, you can currently use the default settings as they are. Introducing our latest MT5 EA, a powerful tool designed to help you navigate the complex world of forex trading. Our backtesting results have been impressive, showcasing the potential of this expert advisor in optimizing your trading strategy. We've carefully crafted this EA w
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GOLD Rage
Anton Kondratev
GOLD Wut       ist ein vollautomatisches und offenes System für den Handel mit Gold. Not    Grid   , Not    Martingale   , Not     AI     , Not     Neural Network. Default Settings for One Chart    XAUUSD M15 Signale Schutz Führung Jeder Trade verfügt über ein festes SL und eine virtuelle Gewinnverfolgung. Das System funktioniert auf einem XAUUSD M15-Chart. Das System handelt tagsüber, wenn der Markt am stärksten und volatilsten ist. Das Hauptziel des Systems besteht darin, die stärksten Bewegun
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Royal Diamonds EA
Aleksandr Zheltikov
5 (5)
As a trading consultant, I specialize in analyzing financial markets and making investment decisions based on past price movements. I focus on using technical analysis tools and software to build charts to identify patterns and market price trends, relying on supply and demand principles to understand the forces driving price movements. My primary focus is on studying charts and using my experience to forecast future price movements. I use various technical indicators such as support and resist
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4.14 (44)
Only 5 copies for $240, next price: $260(3 copies left) For testing, in the settings, it is better to enable the full trade option. An expert based on artificial intelligence ( AI ) For EURUSD in time frame 15 and 30 minutes, 1 and 4 hours and daily With Relatively large number of signals (To receive all the signals: activate the full trade option in the settings and run the expert at the same time in several time frames) Has a TP and a SL Without the use of dangerous strategies suc
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Auswahl:
Chalermpol Sooksilp
391
Chalermpol Sooksilp 2023.03.18 15:33 
 

Good

Alberto Gauer Borrego
2651
Alberto Gauer Borrego 2022.05.20 12:33 
 

Junk. Works only on strategy tester. Put it on a real account it is gonna blow it up. It blew up even the demo account I was forward testing it.

palekar_shailesh
57
palekar_shailesh 2022.04.22 11:35 
 

Hi, I am using the CAP software from 1 year. I want to know how to set spread below 5spread in expert properties in real account. Your reply is highly appreciated. Thanks

ndrndri
41
ndrndri 2021.08.03 10:20 
 

Hi. Is this expert still working? Everyone says in the comments that it only works on the demo account.

Marcel Bühler
1358
Marcel Bühler 2021.03.04 22:13 
 

Flew into minus to fast.

Ronisson Santiago Ribeiro
64
Ronisson Santiago Ribeiro 2020.10.15 23:56 
 

Custo benefício maravilhoso

arkiadell
35
arkiadell 2020.10.02 11:43 
 

very bad. don't ever use in real account or even demo . all trades lose file:///C:/Users/chateau/OneDrive/Desktop/ea%20setting/Annotation%202020-10-02%20134345.jpg

QiSong Wang
372
QiSong Wang 2019.12.23 06:45 
 

Der Benutzer hat keinen Kommentar hinterlassen

bahir
37
bahir 2019.11.03 18:21 
 

Fantastic results when testing the EA on OHLC and a loss of deposit when testing on real ticks.

ccou
336
ccou 2019.05.16 08:52 
 

This EA will kill your account.

if (IsTesting())

give good fake results

else

screw the account

Wan Ping Fei
1790
Wan Ping Fei 2019.04.17 06:50 
 

Der Benutzer hat keinen Kommentar hinterlassen

Marco
364
Marco 2019.04.17 02:14 
 

Impressive results on backtesting, unfortunately after 2 weeks forward testing the result were completely different, almost inactive or negative activity, please let me know about significative updates and I'll give it a try again, it seems promising, I can't complain about free gifts :D

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