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CAP Prime Scalper EA

1

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.


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.


Input Parameters

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


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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MEETALGO LLC
3.5 (2)
Need to open a pending order at news time, or need to open a pending/instant order at a specific time?    CAP News Trading EA   is the right tool for you. The   News Trading EA  opens pending orders at a specific time or specific date for you avoiding human errors and enhancing your trading activity. It is useful for news traders who open pending orders before the news come out. News trading is one of the most difficult disciplines – but it can also be one of the most profitable ones if you know
Filter:
Michael Despott
332
Michael Despott 2022.03.23 05:13 
 

EA IS USELESS SADLY, I GET A STRING OF "OFF QUOTES" ERROR MESSAGES, THE ALGO DOESNT POSSESS BASIC ORDER PLACEMENT CAPABILITY!!!!

XXXXX DEVELOPER IS UNWILLING TO FIX, NONE OF HIS ALGOS CAN TRADE LIVE, NOR HAVE BEEN TESTED ON LIVE ACCOUNTS XXXXX

tradingdiver
820
tradingdiver 2019.04.19 11:10 
 

unfortunately not profitable for me

Angelo Matarazzo
129
Angelo Matarazzo 2018.11.27 18:48 
 

User didn't leave any comment to the rating

Himanshu Manchanda
582
Himanshu Manchanda 2018.10.30 17:21 
 

bad EA.. lot of losses in live accounts. the functions dont work properly.

Thanakorn Poolsawat
205
Thanakorn Poolsawat 2018.10.24 10:25 
 

User didn't leave any comment to the rating

Guner Koca
3616
Guner Koca 2018.09.26 17:40 
 

User didn't leave any comment to the rating

rowsandeenatuladha
47
rowsandeenatuladha 2018.09.24 06:38 
 

User didn't leave any comment to the rating

avijitsing240
27
avijitsing240 2018.09.22 20:27 
 

User didn't leave any comment to the rating

-dimitror-
1117
-dimitror- 2018.09.21 13:36 
 

User didn't leave any comment to the rating

budd
373
budd 2018.07.01 23:43 
 

working on getting a review together, enabled on the three pairs with starting low risk and will see whats the story with this. I have 2.8ms to broker vps.. update in the coming days, weeks.

veno rip it looks like, but trades fewer times,

no good here, you are welcome to try it.

ideally the market place would provide a refund option to its customers, even steam (for pc games) added this option eventually because its a common decency.

Thien Fung Sian
128
Thien Fung Sian 2018.06.20 16:50 
 

User didn't leave any comment to the rating

Oliven Dalam
22
Oliven Dalam 2018.06.19 07:44 
 

User didn't leave any comment to the rating

fusu1326
15
fusu1326 2018.06.17 09:04 
 

User didn't leave any comment to the rating

Sagorkst
20
Sagorkst 2018.06.17 08:37 
 

User didn't leave any comment to the rating

dawapatu
70
dawapatu 2018.06.15 22:37 
 

User didn't leave any comment to the rating

Ning Liu
637
Ning Liu 2018.06.06 14:34 
 

This expert is RUBBISH!!!

This expert place stop order at previous high/low and waiting for the market to break these high/low. Using the mechanisem of spliting the order to secure the profit.

The historical data strategy test is totally meaningless!! As it assumes the spread does not change. However, the market does not work that way, there are ususally big amount of pending order around the previous high/low, when market price break those high/low, the pending order are triggered, and the because of the amount are usually much bigger than other price, the break through reasult in spread change, and this sudden change may last only a few tick, but enough to distroy the EA system, and result in loss. Afther this, the market did pass through the high/low, but you were kick out of the market!!

This EA is very badly designed! I run it for a few weeks, not even a single week results in profit.

Stiloyd
42
Stiloyd 2018.01.29 20:27 
 

советник не торгует, автор на связь не выходит, зря потрачены 30 баксов

Reply to review
Version 8.3 2024.06.14
FIXED BUGS: From the previous week the news filter stopped working. In this version add a new input 'News URL' where there are different URLs of the news filter. You can select a news URL that works with you. There are three news source URLs -

https: // ec.forexprostools.com
https: // sslecal2.investing.com
https: // sslecal2.forexprostools.com
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
--Improved coding
Version 6.0 2018.06.26
- Improved trading logic.
Version 5.50 2018.04.13
- Improved coding.
- Added auto news filter (news downloaded from the news website).
Version 5.0 2018.02.01
- EA stop to open trade, fixed this problem.
- Improved Coding.
- Some minor bugs fixed.
Version 4.10 2017.09.06
- Improvement Some Coding and trading logic.
- Minor bugs fixed.
Version 4.0 2017.08.30
Add New Function----
--> New Input 'Filter Trade'. Select trade filter by MA's trend.
--> Improved code logic and improved strategy.
Version 3.0 2017.07.31
--> Improved code and trading logic.

--> Added new inputs:
SplitProfitLots - profitable order division mode.
Start Split - points of profit to start dividing a profitable deal.
Split Lots Percentage - profit percentage for each profitable deal division.