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CAP Asian Scalper EA

99 USD

Demo downloaded: 1 910

Published: 16 January 2017

Current version: 8.2

CAP Asian Scalper EA

2.41

Experts
MEETALGO LLC
Version: 8.2
Updated: 2 April 2024
Activations: 10

MeetAlgo 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.

MeetAlgo 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.

Official Channel

To get product news, setting file, free indicator, please subscribe on our Official Channel.

Author

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

more...

276

matzepang 2019.02.27 20:28 #

Nice EA

Make good Orders with the standard Setting

I use it since last year and make Profit

190

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

121

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!

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Last copy at 399$ -> next price 499$ Dark Algo is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs. If you Buy this Expert Advisor you can write a feedback at market and get a second EA for Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm that allows it to identify and follow market trends .

399 USD

The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time. You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trade ma

80 USD

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 w

30 USD

CAP Zone Recovery Strategy Builder EA MT4 is a another version of our Main Product CAP Zone Recovery EA. This EA is a strategy builder type EA has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy. Also this Builder offers an incredible amount of functionality with zone recovery strategy. So you can test your strategy easy way without knowledge of coding. [ Installation Guide | Update Guide | Submit Your Problem

69 USD

30 USD

CAP Ichimoku EA MT4 Pro trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku 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 ] Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strategy builder EA. It p

49 USD

MeetAlgo RSI Trade EA Pro MT4 trades using the RSI Indicator. It offers many customizable RSI 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 | FAQ | All Products ] Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strategy builder EA. It product h

49 USD

CAP Universal Grid EA MT5 is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to set up and supervise No indicators or hard analysis needed Grid trading is time-frame independent Requires little forecasting of the market Extracts money out of the market regularly Key Features Easy to set

30 USD

CAP Breakout EA MT4 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 | Updat

FREE

CAP Channel Trading EA MT4 is Expert Advisor that base on our famous indicator CAP Channel Indicator . EA is a non-optimized expert advisor you have to find best setting by yourself. Who using our CAP Channel Indicator and looking for EA that base on Channel indicator this EA is best for them. We give lots of options so you can customize your trading strategy. [ Installation Guide | Update Guide | Submit Your Problem | All Products ] Channel Trading is a volatility-based indicator th

40 USD

CAP RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI 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 RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-even,

FREE

The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptoc

FREE

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 t

30 USD

CAP Moving Average EA trades using the Moving Averages Indicator. It offers many customizable Moving Averages 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 | FAQ | All Products ] Functions Easy to use and customizable Moving Average setting. Customizable indicator settings Built-in money management Grid trad

FREE

CAP Breakout EA 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 | Updat

FREE

CAP Ichimoku EA Pro MT5 is trade the Ichimoku Kinko Hyo Indicator with complete freedom using a powerful and flexible EA. It using the metatrader basic ichimoku Indicator. It offers many customizable ichimoku trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strate

49 USD

CAP Moving Average Pro EA MT5 trades using the Moving Averages Indicator. It offers many customizable Moving Averages 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 | FAQ | All Products ] Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strate

49 USD

CAP Zone Recovery Strategy Builder EA MT5 is a another version of our Main Product CAP Zone Recovery EA. This EA is a strategy builder type EA has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy. Also this Builder offers an incredible amount of functionality with zone recovery strategy. So you can test your strategy easy way without knowledge of coding. [ Installation Guide | Update Guide | Submit Your Problem

69 USD

MeetAlgo RSI Trade EA MT5 trades using the RSI Indicator. It offers many customizable RSI 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 RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-

FREE

MeetAlgo Universal Grid EA MT4 is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to set up and supervise No indicators or hard analysis needed Grid trading is time-frame independent Requires little forecasting of the market Extracts money out of the market regularly Key Features Easy to

30 USD

CAP Breakout EA MT4 Pro 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 | U

49 USD

CAP Ichimoku EA MT5 trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku 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 Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los

FREE

CAP Stochastic EA MT5 trades using the Stochastic Indicator. It offers many customizable Stochastic 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 C

FREE

40 USD

CAP Moving Average Pro EA trades using the Moving Averages Indicator. It offers many customizable Moving Averages 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 | FAQ | All Products ] Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strategy b

49 USD

Trade easily from the chart with CAP Trade Pad EA . It handles risk management for you and can perform several useful tasks with your existing trades. Trade easily from the chart Trade with precise risk management hassle free Set your desired stop loss and take profit levels Close all existing trades with a single click Delete all pending orders with a single click Reap partial profits with a single click It has no input parameters How to Use Please Read this blog - Details Information in o

FREE

The CAP Equity Guard MT4 is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The CAP Equity Guard EA is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts. The EA performs the following tasks: It monitors your entire trading account. Easy to use! Just drag it to a random empty chart. It will work perfectly, if MetaTrader restarts. It can be workable with your

FREE

30 USD

CAP Ichimoku EA MT4 trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku 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 Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los

FREE

Filter:

346

Daniel Cwik 2021.09.20 22:30 #

10/8 Getting mixed results with standard setting. will continue to test with the preset file from the comments.

The 9/20 Just bought the EA. Installed it with standard settings and on first day it placed 6 orders with 5 winners and one big loss.

541

Francisco Perez Caso 2020.03.03 16:11 #

I bought several experts from this "developer" and they were a real scam with the backtests loaded inside and I can prove it.

276

matzepang 2019.02.27 20:28 #

Nice EA

Make good Orders with the standard Setting

I use it since last year and make Profit

2065

Aceman123 2018.07.17 23:47 #

User didn't leave any comment to the rating

865

Ragnarill 2018.06.21 23:09 #

Went well for a week and then blew the entire account

624

Liji Chen 2018.05.31 03:47 #

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

389

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.

1385

Jim 2018.05.21 19:05 #

very disappointing

620

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.

1089

Katavut Suwannalee 2018.05.17 10:50 #

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

255

Nader Abdulaal 2018.05.17 09:10 #

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

190

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

123

Fabio Consola 2018.05.07 22:34 #

big losses...

121

BabyPips24 2018.04.30 01:07 #

604

Zhi Hu 2018.04.29 05:31 #

User didn't leave any comment to the rating

jorgefdc30 2018.04.25 22:39 #

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

1286

Moreno Dainese 2018.04.25 17:54 #

large losses in the last days

1065

VVCC5038 2018.04.25 14:46 #

big losses...

1027

Saad Ullah Babar 2018.04.18 19:17 #

Good Product

197

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.

1 2

Version 8.2 2024.04.02

UPDATED: Minor Update, Internal coding change.

Version 8.1 2022.02.27

--Internal coding change, complied with new build

Version 7.10 2020.02.11

-->Improved trading logic

Version 7.0 2019.02.24

-->Improved Logic and Coding.

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.

Description quality and completeness
Reliability and usability
User support