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CAP Breakout EA Pro MT5

MeetAlgo Breakout EA Pro 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 | 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
  • Customizable break-even, SL, TP and trailing-stop
  • Filter trading by multiple forex sessions
  • Built-in news filter. EA automatic download news data from news website.   
  • Grid trading when trade in Profit (In Pro Version)
  • Initial trade stop filter- you can set a daily time zone so EA will close all trades in that time.  (In Pro Version)
  • Trade close filter by Daily time  (In Pro Version)
  • Implements a martingale features  (In Pro Version)
  • Partial Closing (In Pro Version)
    Know more details about PRO version


Entry Strategies

Daily Candle Breakout:
  • Buy Trade : When price breakout from previous daily candle's high price. 
  • Sell Trade :  When price breakout from previous daily candle's low price. 

    Zik Zak Breakout:

    • Buy Trade: When price touch Upper ZikZak line's price. 
    • Sell Trade:  When price touch Lower ZikZak line's price.
    Factal Breakout :
    • Buy Trade: When price touch Upper Factal line's price. 
    • Sell Trade: When price touch Lower Factal line's price.
      Insider Bar Candle Breakout :
      • Buy Trade: When open price breakout signal candle's high price
      • Sell Trade: When open price breakout signal candle's low price
      Candle Breakout:
      • Buy Trade : When highest high price breakout from number of candle you select from EA's input. 
      • Sell Trade : When lowest low price breakout from number of candle you select from EA's input. 
        Pivot Breakout:
        • Buy Trade: When open price are below Kumo cloud line and close price are above the Kumo cloud + Tenkan-sen is above Kijun-sen + Future Kumo is bullish.
        • Sell Trade: When open price are above Kumo cloud line and close price are below the Kumo cloud + Tenlan-sen is below Kijun-sen + Future Kumo is bearish.

          London Breakout:  

          • Buy Trade: When price cross above the height high from Start Time and End Time.
          • Sell Trade: When price cross above the lowest low from Start Time and End Time.


            Input Parameters

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


            Do You Want This EA With More Advanced Strategy?

            Our Strategy Builder EA are ALL-IN_ONE EA that has all function as PRO version with others 34+ build in indicator so you can make 1 million combination strategy that boost you trading strategy with an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. MT4 Version here | MT5 Version here.


            Support

            I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


            Custom Modification / For White-label

            If you want personal custom development or white-label of this product. For Details to with us.


            Others Version

            MT4 | MT5 | MT4 (Pro) | MT5 (Pro)


              Author

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

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              Version 3.4 2023.04.27
              FIXED BUGS: In candle breakout Mini. GAP for Valid BK (Candle BK) not working.
              Version 3.3 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 3.2 2023.02.12
              NEW FEATURE – We rearrange the full input section. Some input name changes in this version. All functions are the same just rearrange the input section.

              KEEP IN MIND - Your old setting file may not be compatible with the new version. To create a new setting file for this version manually.
              Version 3.1 2022.11.09
              FIXED BUGS:
              ->>No trading time, We change the trade time default input's Group #1 Time 00:00 - 00:24 to 00:00 - 23:40 (Keep in mind when you set 24 hours as trade time, EA will not trade.)

              ADDED: NEW FEATURE
              –>>Rearrange some input sections, and we change some input names.
              –>>Add Martingale (In Pro Version)
              –>>Add Partial Closing (In Pro Version)
              Version 3.0 2022.03.08
              UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
              FIXED BUGS: Max Daily Trade (Per Pair) can't work properly
              FIXED BUGS: News filters
              Version 2.1 2022.01.02
              --->Minor Update
              Version 2.0 2021.09.18
              FIXED BUGS: Buy Factal can't working
              Version 1.20 2021.04.02
              Product Update Info
              FIXED BUGS: Missing pro version function
              Version 1.10 2021.04.02
              Product Update Info
              FIXED BUGS: Missing pro version function