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CAP Zone Recovery EA PRO

3.92

CAP Zone Recovery EA MT4 is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy".


CAP Zone Recovery EA MT4 is extremely easy to use. You just open a trade in a trending market - no matter which direction. You just enter a Take Profit level, no Stop Loss! Again: You will never again lose money because your trade hits the Stop Loss! Instead, this EA uses a smart hedging technology turning even losses into wins. In case the market moves in the unfavorable direction, the Zone Recovery Algorithm starts hedging your trade by placing an opposite order, but with multiple lot size. If market should turn again, the same procedure starts again. The result is a "trading channel" with an upper TP and a lower TP and an alternating series of buy and sell trades at specific levels and with different lot sizes within this channel. Once one of the TP levels is hit - and we all know it is absolutely sure that either the higher TP or the lower TP is reached - all open trades will close with a combined profit.


Why you Buy This EA

  1. Low price in market.
  2. Build in Automatic trading strategy. EA can manage your manual but also you can set full automatic. EA come with more then 16+ automatic trading strategy to open your initial trade.
  3. Break Event and Trailing. Break event or Trailing can be work both initial trade and hedge trade.
  4. Can be work on CDF, INDEX or Brazilian stock market 
  5. Customization capabilities for future. A unique customization code will be assigned that will perform the relevant customization functions once the code is entered. Options will be controlled by an external file.


How does the Recovery Algorithm work?

Let's say you just entered the market with a "buy market" position with 0.01 lots and your RecoveryGAP=200 points and TakeProfit=300 points.  CAP Zone Recovery EA places a pending "stop sell" order to hedge your position instead of a Stop Loss in a predefined distance. What can we predict for sure? The market will move - either up or down. It can take some time, but it will move because it simply has to!

 

At this point, two scenarios are possible:

Scenario 1: Market moves up (without reaching your Recovery activation level in the meantime) and hits your Take Profit. The trade is closed and your profit is fixed.

Scenario 2: Market moves down and reaches Recovery activation level. A trade to the opposite direction is opened with different lot size. Again, for this order a pending order is placed hedging the new position. A new Take Profit is determined for all trades. This procedure is repeated with any change in market direction unless the Take Profit is hit and all trades are closed with combined profit.

What is amazing and turns this EA into a money printing machine: Both, scenario 1 and scenario 2 end with a profit!

The definitions and Recovery Algorithm are illustrated in the Recovery Zone Algorithm image bellow. In this example the initial trade is 0.01 lot, the RecoveryGAP is 200 points while the takeprofit is 300 points.



This is what CAP Zone Recovery EA is all about: Turning every trading session into earning money! At any point in time, any price level, you can enter a trade, and this amazing EA automatically adds several new positions by anticipating market movements. CAP Zone Recovery EA helps you optimize your Recovery level as well as multiple lot sizing. To get even better results, you have also the opportunity to enter a "Trailer Stop Loss" and a "Break Even functionality" for the initial trade.


User Guide


    Problem with EA?


      Things to keep in mind


      Optimized Setting


        MT4 Version here | MT5 version here


        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.‌


        Reviews 20
        Sutrisno
        279
        Sutrisno 2023.10.27 05:04 
         

        very good EA, Thank you

        Chi Ho Thomas Yung
        362
        Chi Ho Thomas Yung 2023.03.23 01:47 
         

        In the beginning, I was looking for an EA that would help me recover my drawdowns. When I bought it and started using it, I found it to be a great money maker. I started with a demo account forward test, now I have used a real account with very limited funds <$70. I set up 5 forex pairs to trade with this EA, minimum 0.01 lot, use CAP Equity Guard EA to protect the fund, set 20% SL. I got 90% profit in 3 days without any SL action. This EA is really awesome.

        rtiwari6018
        556
        rtiwari6018 2023.01.14 10:08 
         

        It is simple and great if you know how to configure.👍

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        lizhi fu
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        Filter:
        virendraanakil
        34
        virendraanakil 2024.07.18 16:09 
         

        Really Very bad Experience with This EA... If you have excess Funds and wanted to lose it then only install this EA. As this EA is coming with many many bugs you will daily see new surprise waiting for you.... When shown to developer No reply from his side.... Pathetic

        Roby2017
        193
        Roby2017 2024.03.14 21:16 
         

        The news filter works, what I'm saying is that once the news is over and the minutes set for the stop have passed, the expert remains stuck in news stop and does not start working again.

        Sutrisno
        279
        Sutrisno 2023.10.27 05:04 
         

        very good EA, Thank you

        PHILLIP GRAHAM HEWARD
        2482
        PHILLIP GRAHAM HEWARD 2023.08.01 10:22 
         

        huge amount of setting to scroll through, huge operator manual. this will take a long time to get to grips with. are there any basic settings to get started with to use as a base point? i did one backtest with the default set---slow gradual loss of account. i want to give it a good go but will take several hours to understand it for now ive given 1 star for everything as i dont know anything about it yet and i cant post the comment without awarding some kind of rating

        yyc196 Yauw
        820
        yyc196 Yauw 2023.05.16 15:46 
         

        There are many thing to set, so if you are not very familar with the EA it is hard to use it effectively. In addition, i have ask seller questions and no reply. Don't suggest to buy this EA

        Augustunus Augustus
        390
        Augustunus Augustus 2023.05.08 13:26 
         

        very good but requires huge money to make huge money too

        Chi Ho Thomas Yung
        362
        Chi Ho Thomas Yung 2023.03.23 01:47 
         

        In the beginning, I was looking for an EA that would help me recover my drawdowns. When I bought it and started using it, I found it to be a great money maker. I started with a demo account forward test, now I have used a real account with very limited funds <$70. I set up 5 forex pairs to trade with this EA, minimum 0.01 lot, use CAP Equity Guard EA to protect the fund, set 20% SL. I got 90% profit in 3 days without any SL action. This EA is really awesome.

        Zarisha Zahid Khan
        835
        Zarisha Zahid Khan 2023.03.03 20:50 
         

        useless, also - Loss setting malfunctioned!!! Instead of closing trade by trade, EA closed closed all trades, resulting in big miscalculation of risk and big loss. bugs needs to be fixed

        rtiwari6018
        556
        rtiwari6018 2023.01.14 10:08 
         

        It is simple and great if you know how to configure.👍

        Vitalij Boev
        567
        Vitalij Boev 2022.06.29 06:42 
         

        Loss setting malfunctioned!!! Instead of closing trade by trade, EA closed closed all trades, resulting in big miscalculation of risk and big loss. This is an inacceptable malfunction of the EA. I strongly recommend not to buy, until the author checks up on this. I can provide proof of settings and trade history to anyone who wants to see evidence.

        Jens Bruns
        1986
        Jens Bruns 2022.06.14 11:41 
         

        Excellent work! I'm very satisfied. I give 4 stars because I still need 3 important points for 5 stars! 1. I would love it if there was a DrawDown activation. That from a certain DrawDown all existing open positions are recovered. 2. It would be important to me if all positions on the account could be recovered at the same time. Currently there is only one position possible. If multiple positions are open, it will not work properly. A function in settings to recover all positions would be great here! 3. Due to the many journal messages by modifying the existing positions, there are for example brokers like IC Markets that there are too many messages on the server and they delete the account. A function in the settings would be great that you can turn off these messages. I hope that this will be updated asap and i say thank you in advance! :-)

        Jean Philippe Groleau
        906
        Jean Philippe Groleau 2022.04.01 02:38 
         

        I bought it today and recovered a 20$ loss on the first try. It was worth the 30$ ! Thanks for the EA.

        Chris959
        91
        Chris959 2022.03.28 22:33 
         

        User didn't leave any comment to the rating

        oved086491219
        21
        oved086491219 2022.02.24 14:23 
         

        User didn't leave any comment to the rating

        Homer88
        309
        Homer88 2021.11.30 21:14 
         

        Good if you know the risk and how to use. Also a lot of Infos from the author. Good work! Thanks!

        Abraham Usman Asanji
        488
        Abraham Usman Asanji 2021.10.25 08:56 
         

        A suppose to be good EA. But lot of useless parameters in the settings which is not explained.

        pamissah
        20
        pamissah 2021.08.23 17:12 
         

        Best tool i've come across so far.

        Satyr
        1147
        Satyr 2021.08.09 14:47 
         

        100 stars for the author's support ~~~!!!

        lagjaspe1
        21
        lagjaspe1 2021.07.16 00:23 
         

        User didn't leave any comment to the rating

        Abdelaziz Idouhmmouch
        227
        Abdelaziz Idouhmmouch 2021.07.09 00:09 
         

        Thanks for this Great EA

        Reply to review
        Version 11.3 2024.09.24
        MINOR UPDATE: Update EA will new build
        FIXED BUGS: Auto trading and manual in same pair can't work, fixed this version. you can use ea in same pair with one manual trade and multiple auto trade with different magicnumber
        Version 11.2 2024.08.14
        FIXED BUGS: When Initial Trade Type = Instant, trade open 1min. delay after trade closed.
        Version 11.1 2024.05.25
        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

        Keep IN MIND - If you select any news URL, you have to add the URL into Allow 'WebRequest for listed URL'
        Version 11.0 2024.04.04
        UPDATED: Minor Update, Internal coding change, Build with new compiler.
        Version 10.9 2024.01.06
        ADDED: NEW INPUT –
        ---> Check Market Close- Set it true if your EA stuck in backtest for "open trade when market closed" message.
        Version 10.8 2023.12.02
        FIXED BUGS: When Non-Hedge Mode is active Trailing will not work average closing when you have grid mode.
        Version 10.7 2023.03.30
        FIXED BUGS: The news filter not working, we fixed this issue. Please Add a new link to Terminal Options. New link will be show by EA
        Version 10.6 2023.02.13
        --->Minor update, complied with new build
        Version 10.5 2022.12.12
        UPDATED: We change Input's name to TRADE TIME & NEWS FILTER. Also, we remove the GMT offset function from Trade Time. So what you set trade time will fellow the same time show on your terminal

        GMT Offset function moves to News Filter, It will only work with the news filter.

        NOTE - Your old setting file can't be compatible with this version only for TRADE TIME, other functions will work with the setting file. So update your setting file.
        Version 10.1 2022.03.26
        UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
        FIXED BUGS: News filters
        Version 10.0 2021.08.08
        ADDED: NEW FEATURE – Dynamic Hedge GAP ATR add. Now you can choose Hedge GAP with ATR value
        Version 9.50 2021.04.19
        Product Update Info
        FIXED BUGS: Grid trade continuous open when Non-hedge mode active or your account is netting account
        ADDED: NEW INPUT –

        Section (1)
        Delete All Pending Order When Initial Trade Active - By default it is True, So if you open several pending orders as initial trade
        Ea will delete all pending orders when one of the pending orders is active. But if you set false then EA will not delete any
        pending order so you have to manually delete all pending orders otherwise EA will not work properly recovery mode.
        Version 9.40 2021.04.12
        -->Minor Update - Internal coding update
        Version 9.30 2021.04.03
        Product Update Info
        FIXED BUGS: Max Profit or Max Loss not work when Non-Hedge Mode active.
        Version 9.20 2021.03.05
        Product Update Info
        FIXED PROBLEM: In this version now you can open multiple initial trade + Grid Trade with Panel. To open initial trade with grid trade. Set following step -

        1. Initial trade type = Penal
        2. Active Grid = On
        3. Set Number of grid trade =
        4. Don't open grid trade by EA = True (You must set is true, otherwise EA will open grid trade by yourself)
        Version 9.10 2020.10.29
        Product Update Info
        FIXED BUGS: When Non-Hedge Mode = Active then Custom Hedge Lots not working.
        Version 9.0 2020.09.12
        --->Minor bugs fixed
        --->Fixed Problem - When you active closing time then EA will not open any initial trade in your selected closing time.
        Version 8.70 2020.07.28
        ADDED: NEW INPUT – New section add "(12) I N I T I A L T R A D E S T O P F I L T E R " there you can find 8 initial trade filter to stop open new initial trade open. Daily Max Initial Trade, Max Daily Profit, Max Weekly Profit, Max Monthly Profit etc. You can set value when terget meet EA stop open initial trade for Daily or Weekly or Monthly. You can set Max Profit or Max Loss. Keep in mind Max Profit or Max Loss will not calculate when profit in floating. When you have to trade then EA will calculate profit/Loss to stop open new initial trade.

        ADDED: NEW INPUT – New section add "(13) I N I T I A L T R A D E C L O S E F I L T E R". You can set time zone when time zone come EA will close all trade. It useful for brazilian or stock market who have to close trade on selected time.

        Keep in Mind when you active close trade time zone, you have to active trade open time filter same time zone. Close time zone only for close your current trade but it will not prevent open trade on that time, you have to active same time also so EA will not open trade on that time In section ((09) T I M E C O N F I G U R A T I O N S)
        Version 8.60 2020.07.15
        --->Bugs Fixed when active Non-hedge mode with Hedge Lots Type = Custom then EA stop to working.
        Version 8.50 2020.07.13
        --> Fixed News filter give continuous Alert message
        Version 8.40 2020.07.11
        -->Minor Update
        Version 8.30 2020.07.08
        --->Major bugs found on previous last version.
        -->Fixed problem EA stop working after updated version 8.20
        Version 8.20 2020.07.07
        --->Fixed News filter not working properly
        Version 8.10 2020.06.24
        -->Fixed Bugs
        -->In Non-Hedge Mode TakeProfit For Hedge was not work properly.
        Version 8.0 2020.06.17
        -->Major update come with this version
        -->We change "Recovery" word to "Hedge" word. All input's was previously show Recovery word, now it will show with "Hedge" word. example old version as "Max Recovery Trade" now it will show in input "Max Hedge Trade"

        -->New Input function

        --->In Section (01)
        -----> Number of Loop Trade (0 mean disabled)

        --->In Section (02)
        ----> Grid GAP Type
        ----> Custom Grid GAP (Points)
        ----> Grid Lots Type
        ----> Custom Grid Lots
        ----> Don't Open Grid Trade by EA

        --->In Section (04) (This is new section add in this version)
        ----> Active Non-Hedge Mode
        ----> Add Current Lots With New Lots

        --->In Section (14)
        ----> Add Swaps & Commissions On TP - if True, then EA will add commission and swap rate with your selected TP
        ----> Commission Per 1 Lots (0-Mean Auto Calculate) - You can set your Pair broker commission over here (per 1 lots what your broker commission) if you set 0 then EA will calculate commission from trade. Some broker not show commission on trade it will cut his commission from balance for that type of broker you have to set commission manually.

        --> Bugs Fixed
        --->We improved Non-Hedgemode TakeProfit will be better calculate in this version.

        You will find All new inputs details on product description.

        --->Read This Before Update
        ---->Old setting file will not work in this version. because you change name ea's input. So don't use old setting file. You have to create new setting file again.
        ---->Don't update if you have already existing trade opened by old version.
        Version 7.70 2020.05.28
        -->Fixed the bugs, EA not work perfectly when Non-Hedge Mode = On.
        Version 7.60 2020.04.24
        New Input
        -->In Time Section Add new SaturdayTrade and SundayTrade trade filter add
        -->Pending Order Price Type, Now you can set Initial Pending order type
        1. Fix Price - When you set this EA will open pending order with fix price what ever you set in input's "pending Order Price Value"
        2. Distance In Points - When you set this EA will open pending order with fix distance from current price what ever you set in input's "pending Order Price Value".

        Update Existing Function
        --> Custom Plug are remove from Initial Trade Type. Now you can find Custom Plug In into Auto Trading. Now you can combine auto trade with Build in Indicator with your custom indicator.
        Version 7.0 2020.03.25
        -----> IMPORTANT NOTE <-----
        --> Major modification come with this version, some function are deleted and new function are add so before update your product check this version first then update. Contact with me if you have confuse.
        --> Re-arrange input, may your old set file will not work with this version.

        --> And most important don't update your product if you have already existing trade. New version will not work if you have opened trade from old version.

        -----> UPDATE NOTE <-----

        --> EA can now manage if you have open multiple initial trade.

        --> Improved coding "Non-Hedge Mode". previous version when Non-Hedge Mode=true, average TP will not work, but in this version Average TP also work in this version. In Non-Hedge mode EA will close previous trade when new trade open, EA will get profit/loss from history data all trade are closed previously so when Previously Trade's Profits + Current Trade's Profits = TakeProfit EA will close current cycle.

        --> Improved auto trading logic (Heiken Ashi)
        --> Improved auto trading logic (Ichimoku)
        --> Add new auto trading logic (ADX)
        Version 6.60 2020.02.27
        -->Bugs Fixed
        --->4 digits lots size not work properly, Fixed problem in this version.
        Version 6.30 2020.02.21
        -->Fixed problem dashboard becomes larger and larger.
        Version 6.20 2020.01.29
        -->Bugs Fixed<--

        --->Fixed problem when grid active Loss Taking Policy=Close Trade By Trade not working properly.

        -->Add Function<--

        --->Details news filter function add this version
        --->You can now open multiple pending order. When one pending order active others all pending order will be deleted.
        --->On Dashboard total current profit/loss will be show.
        Version 6.0 2019.12.27
        -->New Inputs
        --->Recovery GAP Type = Custom Fix GAP, You can select every recovery different recovery GAP for all trade.
        --->Custom Fix Recovery GAP (Points) = Put zone gap for every trade separate by ";"

        -->Remove Existing Function
        --->'T W O - S T A G E R E G I O N' fully deleted from this version. Because it is not necessary now. You can set your own recovery gap by Recovery GAP Type = Custom Fix GAP
        Version 5.80 2019.11.27
        -->New Inputs Add
        --->Remove Hard TP/SL From Initial Trade :- When it is true EA will remove hard TP or SL from your initial trade. Sometime External EA open initial trade with Hard TP or SL, hard TP or SL can't work with zone recovery system.
        Version 5.70 2019.10.26
        -->Bugs Fixed
        ---> Auto Trading Inside Bar (Breakout) was not working, we fixed in this version.
        Version 5.60 2019.09.03
        -->Improved coding...
        -->Add Initial lots type (Now two type of initial lot)
        ----> Fixed Lotsize
        ----> Lots Base On XBalance (Initial lot will be increase or decrease depend on balance)
        Version 5.50 2019.07.15
        Bugs Fixed
        --> "Max Recovery Trade" was not work properly when you set Non-Hedge Mode=true, this version we fixed this bugs, now Max Recovery Trade also work when you set Non-Hedge Mode =true.

        --> We fixed some problem in "Custom PlugIn". Now you can develop own initial strategy. How to create custom Plugin please our new blog post - https://www.mql5.com/en/blogs/post/727292
        Version 5.40 2019.07.08
        -->Bugs Fixed
        --->Some Broker change trade comment so cap zone recovery can't work properly. This version try to fixed this issue. but still recommend use broker those will not change comment.
        --->Grid multiple lots will work properly if you open trade manually.
        Version 5.30 2019.06.16
        --> Bugs Fix - Ichimoku Strategy not working properly, fixed this version.
        Version 5.20 2019.05.06
        -->Instant trade add in "INITIAL TRADE TYPE". Why you want instant buy or Sell use Initial Trade Type = Instant.
        Version 5.10 2019.05.06
        -->Instant trade add in "INITIAL TRADE TYPE". Why you want instant buy or Sell use Initial Trade Type = Instant.
        Version 5.0 2019.05.01
        --> Major change comes into this version. Before update please check EA inputs again. Some function deleted and some new function add.
        --> Please read new manual version (5) before update your product.

        WHAT’S NEW -

        --> In new version you can add individual different TP level for each Recovery Trade.
        --> Fix Distance TP also add for Recovery Trade.
        --> Max Daily trade add for initial trade.
        --> Automatic strategies are now work like strategy builder. You can combination each strategy with others strategy. Example when you active Bollinger = On and MA = On that mean EA now open trade when both signals come same. Old version can work with one strategy at once.

        IMPORTANT ----

        1. Don't update your product if you have existing trade. Update version can't work with your existing trade that opened with old version.
        2. Old setting file can't work with new version because some input name changed.
        3. New version should be work with demo account before go live.
        Version 4.30 2017.10.04
        -->Major update - 4.20 version has serious coding error, we fixed that error. Please update you product immediately.
        Version 4.20 2017.09.20
        -->As per client request, I restore NonHedgeMode again.
        Version 4.10 2017.09.11
        -->Bugs Fix - Add Lots doesn't work properly in version 4.0. We fixed it in this version.

        -->Remove Input 'Non-Hedge Mode'- Non-Hedge Mode are not match with this EA. and calculation was wrong. So we remove this function from this version.

        -->For some client requested, we add two new input 'HedgeTradeComment' and 'GridTradeComment' to change default hedge comment. But you can't set NULL value. Both input required value. Please keep in mind EA track hedge trade with comment. So Please don't change this value, if you have exiting trade.
        Version 4.0 2017.08.30
        Added the new input----
        --> On the dashboard, the EA will show maximum margin need for per cycle and also show max drawdown per cycle.
        --> Improved code logic.

        Added the new inputs----
        --> Stop Open Initial Trade (Initial Trade Setting) - if True, the EA stops opening new initial trade, but still manages existing trades.
        --> Show Trade Plan (Display Info) - if True, the EA will show a trade plan based on a max hedge order.

        Bugs Fixed----
        --> The previous version of MaxHedgeOrder was calculated using an initial trade. The new version is calculated individually. For example, MaxHedgeOrder=4. You open 1 initial trade, then the EA opens 4 hedge trades and stops.


        Please Note----
        --> Never update your product, if you have existing trades.
        --> Do not use old setting file (*.set) because sometimes we change the names of input parameters. So, the old setting file may not work properly.
        Version 3.0 2017.06.19
        Add New Function----
        --> Added New 6 Automatic Trading Strategies (such as Inside Bars Breakout, Ichimoku Breakout, 4 New BBand Strategies).
        --> New Input 'Show Back Test Report'. If true, it will show Advanced Backtest Statistics report on chart. Only works in Visual mode.
        --> Improved code logic.

        Bugs Fixed----
        --> There was a bug, due to which the Hedge lots couldn't work properly when user enables Grid. We fixed that problem in this version.


        Please Note----
        --> Never update your product, if you have existing trades.
        --> Don't use old setting file (*.set). Because sometimes we change the names of input parameters. So, old setting file may not work properly.
        Version 2.0 2017.05.15
        Add New Function----
        --> Non-Hedge Mode: EA delete previous order before open any hedge order. EA keep always signal order only.
        --> Two different TakeProfit type both initial and hedge trade.
        --> Break Event and Trailing also work on both initial and hedge mode.
        --> New version you can select your zone GAP by dynamic base on number of candle high/low.
        --> New version can handle your initial trade by external EA more flexible then old version.

        Please Note- Never update your product, if you have existing trade.