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CAP Asian Scalper EA

CAP Asian Scalper is an Expert Advisor that uses range breakouts strategy to enter trades when the market is the most quiet. It will scalp the market for small price deviations. This EA will need a good broker with small spread to work successfully. It is fully optimized for AUDCAD, EURAUD, GBPAUD, GBPCAD, GBPCHF and GBPUSD. The trades are based on several indicators and it's not a tick scalper EA. It need 1:300 leverage minimum, and a low spread broker. It is recommended to use a low spread broker and a VPS. You can start using it with $100 only.


Key Advantages

  • No Martingale.
  • Always uses Stop Loss to protect capital.
  • User friendly.
  • Optimizable for all currency pairs (low spread is advised).
  • No hedging.
  • Works on all brokers.


Trading Requirements

  • A good broker.
  • A good Internet connection.
  • A lot of stamina.
  • 1:300 leverage minimum.


Backtesting

The Expert Advisor uses tick data. Please backtest EURUSD M15 in "every tick" mode and play to find the best parameters.

CAP Asian Scalper is developed for M15 charts, but it can be optimized for any currency pair or timeframe. Try the demo now!


Input Parameters

EA CONFIGURATIONS

  • ActiveStrategy - Select your strategy.
  • DailyMaxTrade - Maximum trade in daily. 0 - disabled.
  • MaximumSpreads - Maximum spreads for an open trade. If the current spread is higher than what you receive in a setting, then the robot will not trade. Please note that the spread is in pips.
  • Slippage - Allowed slippage when opening a deal (in pips).
  • AutoGMT - if True, EA auto calculate your broker GMT time zone. You need tick the "Allow WebRequest" option and add "http://time.is/UTC" to use this function. Otherwise it will not work.
  • ManualGMTOffset - if AutoGMT off or in backtest, the EA follows ManualGMTOffset for time zone.
  • MondayTrade - FridayTrade - Enable trading day of week, true/false.

KEEP IN MIND: This EA build for Asian market only, so this is very important to put correct broker time zone into 'ManualGMTOffset'.

STRATEGY_1 SETTING

  • MagicNumber - Magic number for strategy_1.
  • Strategy1_TP - Max initial Take profit.
  • Strategy1_SL - Max initial Stop loss.
  • Strategy1CloseTradeByTime - close trades by Time.
  • Strategy1StartTime - Trade start time for Strategy_1.
  • Strategy1EndTime - Trade end time for Strategy_1.
  • Max Hour to Trade From StartTime - Max hour to trade from StartTime.

STRATEGY_2 SETTING

  • MagicNumber - Magic number for strategy_2.
  • Strategy2_TP - Max initial Take profit.
  • Strategy2_SL - Max initial Stop loss.
  • Strategy2CloseTradeByTime - close trades by Time.
  • Strategy2StartTime - Trade start time for Strategy_2.
  • Strategy2EndTime - Trade end time for Strategy_2.
  • Max Hour to Trade From StartTime - Max Hour to Trade From StartTime.

LOTS MANAGEMENT

  • LotsType - Select any of lots management type.
  • RiskPercent - Lot is chosen automatically based on percentage of the loss.
  • FixedLots - Fixed Lots.
  • XBalance - Lot will increase based on XBalance amount. Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
  • LotsizePerXBalance - Lot size of XBalance.

CLOSE TRADE BY TIME

  • CloseTime1 - CloseTime6 - Value in Minutes. After selecting the expiration time from open trade time, the EA follows Take profit as 'CloseTime1_TP'.
  • CloseTime1_TP - CloseTime6_TP - Take profit in Pips.

Example - Your CloseTime1=60 and CloseTime1_TP=3 (pips). So if your open trade closes by your initial take profit after 60 minutes, the EA will follow new take profit level as CloseTime1_TP=3. The EA has 6 different time and take profit levels.

NEWS FILTER

  • News Filter - To enable News Stop Trading (does not work in tester!).
  • News Source - Select news source for download news data.
  • Current Currencies to display the news - if True, the EA only filters the current chart symbol.
  • Select Currency to display the news - if Current Currencies = false.
  • LowNews, MidleNews, HighNews - Filter news importance level.
  • ShowNewsLine - Show news time on chart.

IMPORTANT: To enable News Stop Trading and AutoGMT, tick the "Allow WebRequest" option and add this two URL:

  1. http://ec.forexprostools.com
  2. http://time.is/UTC

to the list of URLs for WebRequest. To do this, open Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add the following: "http://ec.forexprostools.com","https://time.is/UTC" and press "OK". The EA takes news from the specified websites.


Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of Capilta Business Solutions.‌

Ragnarill
675
Ragnarill 2018.06.21 23:09 
 

Went well for a week and then blew the entire account

Liji Chen
350
Liji Chen 2018.05.31 03:47 
 

Use one month, lose 50%,Disappointed, give up this product directly

Man Cham Wong
220
Man Cham Wong 2018.05.31 03:21 
 

Lost money buying this EA, and Lost money trading with this EA. Author removed the signal records to avoid people seeing the bad results.

JimmyAlgo
163
JimmyAlgo 2018.05.21 19:05 
 

very disappointing

Yuriy Kuzmin
776
Yuriy Kuzmin 2018.05.21 09:18 
 

One step forward and three steps backward.

Totally crashed my account in few days.

loss, loss, loss... Not recommended.

Katavut Suwannalee
652
Katavut Suwannalee 2018.05.17 10:50 
 

For this week many small winnings that gets erased by big losses.

Nader Abdulaal
73
Nader Abdulaal 2018.05.17 09:10 
 

Bad risk reward ratio 6:120 many small winnings that gets erased by large losses

DrGalak
100
DrGalak 2018.05.15 12:45 
 

first bot i purshased! now close to 2 weeks works on real vps account. and what can i say? WOAW 20 trades: 18 wins 2 looses. SO GOOD!

just be care of your MM!

I higly recomand this EA

Fabio Consola
123
Fabio Consola 2018.05.07 22:34 
 

big losses...

BabyPips24
131
BabyPips24 2018.04.30 01:07 
 

Great EA been using it for 2 months now. It has its ups and downs but so far im ending in positive pips!. The wins way outweigh the losses. I'm Using His set files on signal but i have my TP Set at 5. I think it's safer that way. Also use proper management. Use the default 0.01 per 100 dollars but i recommend that on one pair..if you want to run all 6 then i high recommend 600 dollars..but its all up to you , that's just my preference. And last but not the least. Don't be greedy and be patient. Cheers!

Zhi Hu
337
Zhi Hu 2018.04.29 05:31 
 

User didn't leave any comment to the rating

jorgefdc30
19
jorgefdc30 2018.04.25 22:39 
 

I lost a lot of money in the last days with this robot.

Moreno Dainese
453
Moreno Dainese 2018.04.25 17:54 
 

large losses in the last days

VVCC5038
584
VVCC5038 2018.04.25 14:46 
 

big losses...

Saad Ullah Babar
742
Saad Ullah Babar 2018.04.18 19:17 
 

Good Product

alrefai
180
alrefai 2018.04.17 19:58 
 

One of the best night scalpers with much lower purchase price than others! I have been using it for more than 3 weeks and the results are promising.

Jianhui Jia
204
Jianhui Jia 2018.04.16 05:58 
 

This EA can do conditional selection of good market, can get satisfactory returns, DD is relatively small, has been purchased and run for a few days, and now it looks quite satisfactory. Thanks for this great EA

Alessandro Gabba
317
Alessandro Gabba 2018.04.14 17:32 
 

The robot is perfect, what I was searching for! Low DD and seem promising.

Xi Lu
427
Xi Lu 2017.02.14 12:04   

这个挂在什么周期的图? M15么

Version 5.10 - 2018.06.18
--Important Update
---> EA Stop trading. Fixed this problem with this version.
Version 5.0 - 2018.04.17
- Changed Time zone input
- Removed Strategy1EndTime input. Added Max Hour to Trade From StartTime. Just set how many hour you want to trade from Start Time
- Same as Strategy2EndTime

- Added the new input ShowNewsLine, so that news time is displayed on a chart
Version 4.0 - 2018.03.23
- Added new inputs. Please read new description.
- Added lots management.
- Improved trading logic.
Version 3.0 - 2018.03.19
- Improved coding.
- Added new inputs - Please read the updated description to understand the new inputs.