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CAP Universal Grid EA MT5

4.89

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 up and supervise.
  • Function and inputs - the EA comes with a lot of functions and inputs, so you can easily optimize your trading strategy.
  • The EA can manage manual trade - the EA can place a grid for your manual trades or you can set the EA to manage trades opened by another EA.
  • Built-in automatic trading strategy - the EA can manage your manual trades but you can also set it to fully automatic mode. The EA comes with more than 16+ automatic trading strategies for opening the initial trade.
  • Buy and Sell Grid - The EA can manage buy and sell grids simultaneously.
  • 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.
  • No pending orders are placed - only market orders.
  • It works for Forex, CFDs and futures


Grid trading is a powerful tool, but...

  • It can appear complex and illogical initially.
  • Like most powerful tools, it is also dangerous.
  • Poorly managed grids can cause big drawdowns.
  • It requires more patience than regular trading.
  • It may require traders to make a paradigm shift.


What is grid trading?

Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades. A grid is nothing more than a single deal or position segmented into several trades, which are cashed-out independently from each other at regular intervals.


Input Parameters

For a full description of each input parameter, please 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.‌

Reviews 13
Joey Keawkanta
56
Joey Keawkanta 2023.06.19 08:57 
 

I really like this EA. Great EA.

Rong Hong Zhang
270
Rong Hong Zhang 2022.08.16 17:15 
 

請問在weltrade.com 的真實帳號裡,卻是無法自動交易。可以幫我試看看嗎?

Jae Kumar Rajendran
250
Jae Kumar Rajendran 2022.06.04 08:57 
 

Its a Bazooka for a trained soldier .

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Dark Catcher mt5
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Hamilton
Tajammul Hussain
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Hamilton: Your Gateway to Profitable CAD Trading Embark on a transformative journey in the world of forex trading with Hamilton, the latest addition to my suite of expert advisors. This sophisticated EA is designed to navigate the complex landscape of Canadian Dollar pairs and their crosses, delivering consistent results through its innovative approach. Hamilton employs a unique blend of popular indicators, including volume, trend, and trend reversal, to create a powerful trading strategy. By an
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CAP Zone Recovery EA PRO
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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
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MEETALGO LLC
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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
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CAP News Trading MT5
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
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
CAP Equity Guard EA
MEETALGO LLC
4.55 (22)
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
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The  CAP Equity Guard MT5  is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The  CAP Equity Guard EA MT5  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 y
FREE
Filter:
Joey Keawkanta
56
Joey Keawkanta 2023.06.19 08:57 
 

I really like this EA. Great EA.

Rong Hong Zhang
270
Rong Hong Zhang 2022.08.16 17:15 
 

請問在weltrade.com 的真實帳號裡,卻是無法自動交易。可以幫我試看看嗎?

Jae Kumar Rajendran
250
Jae Kumar Rajendran 2022.06.04 08:57 
 

Its a Bazooka for a trained soldier .

kalaf19751
19
kalaf19751 2022.05.25 14:47 
 

i try to install after download but give error message installation faild

rtiwari6018
529
rtiwari6018 2022.03.16 09:30 
 

Hi, I am using your developed CAP Univ Grid EA; it stopped working since I upgraded to the new Version 6.6 for MT5.it not taking any trades; I have tried to change various parameters. I also used your user guide on the mql5 website but still no luck. Can you please guide me through setting files for it?

Wilson Caltran
28
Wilson Caltran 2021.08.23 01:00 
 

Hello, he doesn't buy some assets or anything, and when he makes a profit, it's too far away, how to configure this? thanks

Abdulncuna1 Cuna
91
Abdulncuna1 Cuna 2021.05.11 13:15 
 

hey pls assist i bought this EA for volatility 100 is not running mt5 deriv acc tnxs

couplette
50
couplette 2020.12.22 16:07 
 

For the moment everything is well. Excellent EA

Boss21
26
Boss21 2020.09.10 17:32 
 

Hi, I bought Cap Universal Grid EA today, but I'm not able to install it. When accessing the terminal / market / purchased, the message appears: "The product has been paid for but has not yet been downloaded". I've already clicked "install" several times but nothing happens.

Salomette
121
Salomette 2020.08.14 02:57 
 

Hi, I really like this EA, but I'm having a hard time understanding the inputs. Do you have the initial default parameters you could send please?

brunoshiva
219
brunoshiva 2019.11.07 17:33 
 

Très bien !

MARTIN AFAMEFUNA HILARY OBIANODO
863
MARTIN AFAMEFUNA HILARY OBIANODO 2019.08.20 13:13 
 

Great EA.. One of the best grid system I have seen

ozzy1000
42
ozzy1000 2019.02.06 15:33 
 

I have given this 4 star from my backtesting alone. I've yet to test this on a real account, but it looks promising, it has a ton of features that allow for control grids and closure when things go against. Also the integrated initial trade options are pretty good. I'll upgrade to 5stars if it's as good on live accounts as it is in tests.

Reply to review
Version 7.2 2024.04.04
UPDATED: Minor Update, Internal coding change, Build with new compiler.
Version 7.1 2024.01.10
ADDED: NEW INPUT –
---> Check Market Close- Set it true if your EA is stuck in backtest for the "open trade when market closed" message. This only happened to some brokers and in backtest only. You don't need set true for live trading.
Version 7.0 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 6.9 2022.07.15
ADDED: NEW FEATURE – Add "Currency in Profit (Bothside) and Currency in Loss (Bothside)
Version 6.8 2022.06.18
FIXED BUGS: GlobalMaxTrade not working
Version 6.7 2022.03.26
UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
Version 6.6 2022.03.13
FIXED BUGS: In profit grid Grid Limit and Grid Anchor not working
Version 6.5 2022.02.25
UPDATED – Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
Version 6.3 2021.12.13
FIXED BUGS: When your Grid TP Type = In Points (Fix Distance from Initial Trade), SELL tp close with buy trade.
Version 6.2 2021.08.10
FIXED BUGS: Profit grid lots size can't calculation properly
Version 6.1 2021.07.23
ADDED: NEW FEATURE – New [Grid GAP Type] Add
---> Distance By ATR - Now you get Grid GAP By ATR value

Details information you will get updated description
Version 6.0 2021.07.13
Product Update Info
ADDED: NEW INPUTS ADD


---> Fine new sections -
------> (12) INITIAL TRADE STOP FILTER
------> (13) TRADE CLOSE FILTER
Version 5.30 2021.05.19
Product Update Info
FIXED BUGS: Custom lots do not work with the profit grid
Version 5.20 2021.05.10
Product Update Info
ADDED: NEW FEATURE – Add message confirmation for all close trade on button click.
ADDED: NEW INPUT – Initial Lot Type, 1. Fix Lots 2. Lots Base On XBalance
Version 5.10 2021.03.28
Product Update Info
FIXED BUGS: TakeProfit can't set more then 10k points
ADDED: NEW FEATURE – Grid trade in Profit add this version. Previous version only have grid trade when your initial trade go into loss. But in new version you can active Grid when trade in profit side also

Keep in Mind- Previous version setting file may be not work in new version. So manually set your setting then save setting file again.
Version 5.0 2020.07.03
Add New Inputs

-->Section (01)
--->Initial Trade Direction - Add four new initial trade Type (Buy Stop,Sell Stop,Buy Limit,Sell Limit)
--->Pending Order Price Type
--->Pending Order Price Value

-->Section (02)
--->Grid GAP Type - You can now select your Grid gap type. 1. Fix Distance (Grid) - Ea will open grid trade with fixed distance 2. Custom Distance (Grid) - You can set different grid gap for your every gird trades individually saparate by ";"


-->Auto Trading Strategy
---> New Auto trading add ADX
---> Improved Heiken Ashi auto trading
---> Improved Ichimoku auto trading. (Old strategy not work like ichimoku so improved this strategy)

Bugs Fixed

-->Fixed News filter not work properly

NOTE - Details information you will find upto date into product discription
Version 4.20 2019.09.24
-->Minor Update.
-->Improved Coding.
Version 4.10 2019.09.03
-->Minor bugs fixed.
Version 4.0 2019.08.04
-->Major update come with this version
-->Some new input add and some input are deleted

Add
-->New 5 type of TakeProfit and StopLoss add
-->Max Profit/Loss add.

Remove
-->'Profit In Currency' Input removed
-->'Profit In Currency, After Number Of Order' Input removed

VERY VERY IMPORTANT
-->Before update this version, Please read new description again then update your product.
-->Test and check new version before update.
-->Don't update your product if you have existing trade. New may be not work with old version existing trade.
-->Old version set file will not work with new version, because some input name changed, So create new set file.
Version 3.10 2019.04.30
--> Grid GAP not work properly, fixed this version.
Version 3.0 2019.04.09
-->Major change come into this version. Before update please check input again. Some function deleted and some new function add.

-->Please read new description.

Keep In Mind - Don't update this product if you have existing trade.
Version 2.10 2018.12.12
--Fixed Reverse Signals (For Auto Trading)