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CAP Asian Scalper EA MT5

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-mean disable.
  • 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, EA fellow ManualGMTOffset for time zone.
  • MondayTrade - FridayTrade - Enable trading day of week by 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 Takeprofit.
  • Strategy1_SL: Max initial Stoploss.
  • Strategy1CloseTradeByTime: EA close trade 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.
  • Strategy1_TP: Max initial Takeprofit.
  • Strategy1_SL: Max initial Stoploss.
  • Strategy1CloseTradeByTime: EA close trade by Time.
  • Strategy1StartTime: Trade start time for Strategy_2.
  • Strategy1EndTime: 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 select time expire from open trade time, EA fellow TakeProfit as 'CloseTime1_TP'
  • CloseTime1_TP - CloseTime6_TP: Takeprofit in Pips.

Example: Your CloseTime1=60 and CloseTime1_TP=3 (pips). So if your open trade to close by your initial takeprofit after 60 minutes EA with fellow new takeprofit level as CloseTime1_TP=3. EA has 6 different time and takeprofit level.

NEWS FILTER

  • News Filter: To enable News Stop Trading (not work on tester!).
  • Current Currencies to display the news: if True, EA only filter 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 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","http://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.‌

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GOLD EAgle mt5
GOLD EAgle mt5
Evgenii Aksenov
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Aura Turbo MT5
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Stanislav Tomilov
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Wild Side MT5
Wild Side MT5
Marat Baiburin
There are only 3 copies left out of 5 at the price of 199$ The next price is 299$ Final price 2000$ Live monitoring of the Wild Side  https://www.mql5.com/ru/signals/962021 Demo  monitoring of the Wild Side  https://www.mql5.com/ru/signals/956622 MetaTrader 4 version   https://www.mql5.com/ru/market/product/64857 Wild Side  is a fully automatic expert Advisor for trading on the night Forex market .  It does not use martingale, grid, or other "toxic" methods. Each trade is accompanied by a
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Exp THE X FULL
Exp THE X FULL
Vladislav Andruschenko
Universal automatic Expert Advisor for MetaTrader 5 working on standard indicators. UniversalEA  The Constructor EA is provided with a large set of functions. You can select one of 20 signals to open a position and 5 of 20 filters to sort out the signals of the standard indicators included in the MetaTrader package. Besides, you can adjust the indicator parameters, select a timeframe, and specify a signal bar for each signal. You can also download The X EA for the MetaTrader 4 terminal  The X
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Aint No Trend MT5
Aint No Trend MT5
Evgeniy Scherbina
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London Pride EA MT5
London Pride EA MT5
Dmitrii Golubev
Live Signal   https://www.mql5.com/en/signals/943594     Telegram Channel     https://t.me/Successful_Forex_EA      Recommended VPS:  https://ruvds.com/pr5256     Recommended Broker:  https://ru.weltrade.com/?r1=ipartner&r2=36541     London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses sophisticated machine learning and self-adaptive algorithms to bring your
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Hippo Trader Pro MT5
Hippo Trader Pro MT5
Michela Russo
Hippo Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian and European Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Another EA ! (All future updates included) -> To Receive it, Please Contact me by  mql5 mess
299 USD
TrendLine GRID
TrendLine GRID
Evgenii Aksenov
One Copy left for $349 !!! Next price $399   Monitoring deals:     here         Our programs :   here            Subscribe to our  Telegram Group   This is a grid EA based on the signals of the Trend Line PRO indicator:  https://www.mql5.com/en/market/product/42399  for hedge accounts Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces
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AW Swing Trading EA MT5
AW Swing Trading EA MT5
Alexander Nechaev
An advanced tool for swing trading on corrective price movements. It works on trend rollbacks in the direction of its continuation, the size of the required correction is determined by the current volatility of the instrument or manually by the trader. After detecting a correction along the current trend, the EA waits for a signal to complete the correction and continue the trend, after which it opens a position. Instructions on how the advisor works -   https://www.mql5.com/en/blogs/post/742819
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NightVision MT5
NightVision MT5
Alexander Kalinkin
NightVision EA MT5  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC M
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FrankoScalp MT5
FrankoScalp MT5
Konstantin Kulikov
I have been developing, testing and correcting this automated scalping system for a long time:  https://www.mql5.com/en/signals/author/test-standart . Last settings for EA in the comment : #79   Telegram channel with news: https://t.me/EAFXPRO Telegram group for questions and discussion: https://t.me/EAFXPRO_chat Currency pairs for which sets are developed: USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD, GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY, CHFJPY
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Double Impact mt5
Double Impact mt5
Evgenii Aksenov
One Copy left for $299 !!! Next price $399  Monitoring deals:     here         Our programs :   here        Subscribe to our  Telegram   We would like to introduce an Expert Adviser for two popular indicators  TrendLine PRO :   download     and  Profit Zone :     download      The main advantage of this EA is the presence of a trading panel that allows you to control the direction of trade (only BUY/only SELL or any direction) and possibility to trade in the Manual mode using BUY/SELL a
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Sun AI MT5
Sun AI MT5
Arthur Hatchiguian
Sun AI  is an aggressive  scalper  that uses an algorithm generated by my own  machine learning  system.  It was built on more than 10 years of EURUSD history, which makes it reliable and accurate . The EA uses a  martingale system  to close positions. An  autolot & a security system  are integrated.  Current price  199 $ . Next price:   299$    ️  This EA only works for EUR/USD M1 ️ Recommended Broker :  ICMarkets The minimum deposit is  300$ (be careful to convert correctly for other
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True Range Pro MT5
True Range Pro MT5
Smart Forex Lab.
Accurate Night/Intraday Scalping & Smart Grid System Expected perfomance 5-10% / mo (eurusd M5) 20-40% / mo (gbpusd M1) Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Easy to use & ready to go 2014-2020 99% tick quality optimized & backtesed True Range Pro MT4 >>  https://www.mql5.com/en/market/product/54575 Set files   https://www.mql5.com/en/blogs/post/726783 Monitoring   True Range MT5  (True
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Moein Bagheri
1860
Moein Bagheri 2021.03.17 23:45 
 

Garbage

Nikolay Moskalev
2901
Nikolay Moskalev 2018.06.13 07:59 
 

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Version 7.10 2020.02.11
-->Improved trading logic
Version 7.0 2019.02.24
-->Improved Logic and Coding.
Version 5.20 2018.06.26
-- Important Update
--- Bugs found in the old version which caused the EA to stop trading. Fixed this problem.
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