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CAP Gold Albatross EA

3.88

MeetAlgo Gold Albatross EA MT4 is a pure mathematical scalper that trades tick data aggressively. It implements a simple and universal trading strategy which can be applied to any instrument.


Key Advantages

  • Fully automated trading 24/5.
  • No need in a large initial deposit.
  • Always uses Stop Loss to protect capital.
  • Position trailing stop is used.
  • Both a fixed lot and a free margin percentage are used.
  • Ability to set time limitations for the EA operation.


Trading Requirements

Caution is advised. In order to be profitable with this EA, you need the following:

  1. A good broker with low slippage.
  2. Low spreads (recommended: EURUSD spreads below 5 points).
  3. Default Setting are optimize for EURUSD 1 Minute Timeframe
  4. Low stops level (recommended: stop level 0 points).
  5. Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
  6. Small spread significantly increases the EA's efficiency.
  7. Use only five-digit accounts.


Recommendations

For correct robot operation, it is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS chosen based on the closest location to the broker to achieve the lowest possible ping, which provides better conditions for the robot to place orders.


Input Parameters

  1. Lots Management

    • LotsType - Select any of lots management type.
    • EquityPercent - Lot is chosen automatically based on percentage of the equity.
    • FixedLots - Fixed Lots.
    • UseMarginPercent - Lot is chosen automatically based on percentage of the full margin value. For example, if you set 100% then EA open lots size based on 100% of free margin.
    • XBalance - Lot will increase based on XBalance amount.   Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
    • LotsizePerXBalance - Lot size of XBalance.

  2. EA Configurations

    • UseIndicator- Choose indicator type to filter signal.
    • Filter Trade- Choose additional trade filter.
    • TakeProfit - Take Profit (in points).
    • StopLoss - Initial Stop Loss (in points).
    • TradeSignal- The trade signal represents the directional volatility needed to trade. Increase value for better performance and less trade.
    • Limit- Distance to reverse in points.
    • SmartStopLevel - if True, StopLoss will move every tick with profit.
    • MaxDurationToCloseOrder - Value in Minute for expire active orders.
    • IndicatorPeriod - Indicator Period (MA or Band).
    • ReverseSignal - if True, All signal will be reverse.
    • TradeOnlyNewCandle- if True, One trade will be open only one candle.

  3. Break Even Setting

    • Active Break Even - True/False.

  4. Trailing Stop Setting

    • Active Trailing - True/False.

  5. Time Configurations

    • Configure your trading time.

  6. Basic Configurations

    • MaximumSpread - Maximum spreads limit.
    • MaximumStopLevel - Maximum stop level.
    • CloseOrderOnSpread - Delete pending order if Spreads reach Max Spreads.
    • ECNBroker- If true, EA place order first then set StopLoss (Broker which not allow place order with StopLoss).
    • Slippage - Maximum slippage value.
    • Magic - Magic Number.


Author

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

Reviews 20
huawe
14
huawe 2022.04.26 16:20 
 

Hi, send premium set file for xauusd and eurusd please. Thanks

Recep Apaydin
587
Recep Apaydin 2022.03.28 19:20 
 

Previously 3000 usd demo account made 250,000 usd. at 8 months. I'm restarting now. The link is here. https://www.mql5.com/en/signals/1457423?source=Site+Signals+My#!tab=account

Fakhriddin Yusupov
36
Fakhriddin Yusupov 2022.01.29 15:46 
 

Super

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ONLY 3 COPIES OUT OF 10 LEFT AT $249! After that, the price will be raised to $299. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: - No Martingale, No Grid, No Double Lot, No Averaging, No Dangerous strategy - Only entry 1 order, the order is always protected by Stoploss - Only pure Price Action for entry - News filter to stop EA before high impact news - Smart time filter to avoid unexpected falling, rising, gap...
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Alexander Nechaev
4.55 (40)
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5 (12)
Ziwox Fundamental Trader Ziwox Fundamental trader is a trading assistant that helps financial markets traders reach smart decisions informed by the EA information data. This EA uses online sources to catch all the necessary information like the fundamental bias of currencies, the sentiment of Real-time retail traders ratio on a pair, Bank and institute forecast, COT report data, and other data in a complex EA pannel. Briefly, It's an integrated forex data source and information, that helps Ma
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5 (3)
Automatic trading advisor, which implements a medium-term trading strategy based on the theory of wave movement of the market Advisor does not use martingale, grid, averaging, scalping The advisor is based on the application of wave analysis to historical data and the search for waves predicting the price movement in the future. Using a longer period of time repeating patterns are searched for. Using a smaller period, approximation and interpolation of nodal points and refinement of patterns is
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Ho Tuan Thang
4.71 (24)
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: -   No Martingale - No Multiplier Lot - Scalping follow trend - News filter to stop EA before high impact news - Scalping mode to stop EA in some cases ... CAUTION:  News Filter can not back testing. This will cause back testing results to be inaccurate, because News Filter will help EA remo
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Advanced AI Scalper MT4
Ho Tuan Thang
5 (24)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. The results of back testing Advanced AI Scalper in MT4 will not reflect the full capabilities of the EA. Because MT4 only allows back testing 1 currency pair at a time but this is one chart set up - trade all major pairs. Don't just back testing only 1 pair, you must test all pairs AUDCAD, AUDNZD,NZDCAD,EURAUD
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5 (4)
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Filter:
blubby89
14
blubby89 2022.07.08 18:54 
 

Backtest works pretty good and now i try it on a real acc.and its only loses money not worth it.

Karolina Novak
148
Karolina Novak 2022.07.05 14:15 
 

...on real acc ..it not open any new trades.. what is wrong..? its becouse of free version? tnx..

huawe
14
huawe 2022.04.26 16:20 
 

Hi, send premium set file for xauusd and eurusd please. Thanks

Recep Apaydin
587
Recep Apaydin 2022.03.28 19:20 
 

Previously 3000 usd demo account made 250,000 usd. at 8 months. I'm restarting now. The link is here. https://www.mql5.com/en/signals/1457423?source=Site+Signals+My#!tab=account

Fakhriddin Yusupov
36
Fakhriddin Yusupov 2022.01.29 15:46 
 

Super

shravankumar1
43
shravankumar1 2021.11.18 08:24 
 

not good all trades closed with red

palekar_shailesh
67
palekar_shailesh 2021.10.25 22:16 
 

Hi, Send premium set file for EURUSD and XAUUSD please. Thanks

Eluri Shekhar
100
Eluri Shekhar 2021.09.19 01:51 
 

User didn't leave any comment to the rating

mahdi teymori
29
mahdi teymori 2021.08.31 09:46 
 

Real trade even with low spreads but high losses

geeta chandrolia
65
geeta chandrolia 2021.08.11 14:08 
 

User didn't leave any comment to the rating

mahdi teymori
39
mahdi teymori 2021.08.02 08:07 
 

Hello, thank you for your efforts. It has good results in testing, but it does not work in real business. Please help me.

sangga kusumanagara
18
sangga kusumanagara 2021.04.18 17:17 
 

its good, profitable, can you please sent me premium setfile? thanks

Lopez Hinojosa Usiel
855
Lopez Hinojosa Usiel 2021.03.31 07:58 
 

It is an excellent EA just what I was looking for that to open trades in a short time and in hours of greater liquidity I tried it in Eur / Usd and GBP / USD now I would like to porbar in real but they do not execute any operation, can you send me a premium configuration file please ?

Rezaul Haque
29
Rezaul Haque 2021.03.10 13:25 
 

দেশি ভাইয়ের চিন্তা ও কাজগুলো খুব সুন্দর, এবং কার্যকরী, শুভকামনা।

Davide Rappa
1449
Davide Rappa 2020.10.29 10:48 
 

if I could give 0 stars I would have given them !!! beware of everything that is free, in the simulator it shows that it makes you earn even 1000% then when you apply it in reality it only makes you lose money !!! the developer doesn't even respond to messages, a complete disappointment!

Andrei Toader Micu
609
Andrei Toader Micu 2020.06.05 20:20 
 

Very good!

Trader604
112
Trader604 2020.03.06 20:00 
 

Default settings yielded nothing but losses. What settings would be good for win trades and profits?

Ralph Lips
765
Ralph Lips 2020.03.03 17:27 
 

working fine on small account, but trades are rare as ea needs decent volatility

Yuecel Huener
134
Yuecel Huener 2020.01.24 13:09 
 

Can you send settings other than the default setting

Bo Wang
21
Bo Wang 2019.09.05 08:36 
 

This ea tests good and give five stars,can you give me more settings?

123
Reply to review
Version 4.6 2022.09.02
ADDED: NEW FEATURE – Add Sunday and Saturday into Trading Time configurations
Version 4.5 2022.03.08
UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
Version 4.1 2021.09.24
FIXED BUGS: ReverseSignal not working.
Version 4.0 2021.07.24
Remove "EQUITY GUARDIAN" section. Add New section "I N I T I A L T R A D E S T O P F I L T E R"
Version 3.10 2020.07.04
-->Minor Update
Version 3.0 2020.01.21
-->Minor internal coding update
Version 2.10 2019.05.02
--> Fixed bugs lots size problem.
Version 2.0 2019.04.30
--> Fixed some bugs