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CAP Gold Albatross EA MT5

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.


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Author

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


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Bitcoin Robot Grid MT5 is an intelligent trading system designed to automate BTCUSD trading using the grid trading strategy. This method takes advantage of market fluctuations by placing a structured series of buy and sell orders at predefined price levels. The robot continuously monitors market conditions and executes trades according to its preset parameters, allowing for consistent market engagement without the need for manual intervention. Bitcoin Robot Grid is the perfect solution for trad
AlphaCore X
Arseny Potyekhin
5 (1)
AlphaCore X The AlphaCore X EA is a cutting-edge trading system that masters the complexity of financial markets with a unique combination of AI-driven analyses and data-based algorithms. By integrating ChatGPT-o1 , the latest GPT-4.5 , advanced machine learning models, and a robust big data approach, AlphaCore X achieves a new level of precision, adaptability, and efficiency. This Expert Advisor impresses with its innovative strategy, seamless AI interaction, and comprehensive additional featu
Aura Black Edition MT5
Stanislav Tomilov
4.46 (37)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
GoldenHour
Zaha Feiz
4 (11)
GoldenHour Expert Advisor  A precision scalping system for XAUUSD (Gold) that focuses on high-probability single-position trades. The EA executes 2-3 carefully selected trades per day during optimal market conditions, avoiding risky multi-position or martingale strategies. NEXT price 599$   " If the EA doesn't perform well in your backtest, please feel free to message me. I’ll be happy to help you set it up correctly and get the best possible results ." Trading Approach: - Single position tra
AI No Stress FX MT5
Mariia Aborkina
5 (1)
No Stress FX — When Trading Feels a Bit Calmer When I started building No Stress FX, I wasn’t trying to chase miracles. The goal was to create something that fits a slower, more mindful style — without pressure, without noise, and hopefully with more clarity. It’s the kind of trading approach that simply makes more sense to me. Just being transparent Live Signal:  https://www.mql5.com/en/signals/2313926 Yes, it’s running on a real account. Some traders have found it interesting, and activity is
GbpUsd Robot MT5
MQL TOOLS SL
4.67 (127)
The GBPUSD Robot MT5 is an advanced automated trading system meticulously designed for the specific dynamics of the   GBP/USD   currency pair. Utilizing advanced technical analysis, the robot assesses historical and real-time data to   identify potential trends , key support and resistance levels, and other relevant market signals specific to GBP/USD.  The Robot opens positions  every day,  from Monday to Friday, and  all positions are secured  with Take Profit, Stop Loss, Trailing Stop, Break-E
Mean Machine
William Brandon Autry
5 (36)
Introducing Version 8.2—A Revolutionary Leap in AI Trading Technology I'm proud to announce my most significant update yet: Version 8.2. This groundbreaking release introduces AI Position Management and AI Web Search, which dynamically modifies Take Profit and Stop Loss levels in real-time while searching the internet for breaking news, political events, interest rates, and market sentiment, ensuring optimal position management with priority handling across all symbols. Version 8.2 harnesses th
Scalper Investor
Ihor Otkydach
5 (3)
9 copies left at $599 Next price $699 Hey traders, If you're looking for an EA that doesn't just fire off trades for the sake of activity, but actually follows a smart, battle-tested strategy — meet Scalper Investor EA. This is a multi-currency expert advisor already armed with a solid reversal strategy, and soon to be upgraded with a trend-following module. Ready to trade: The Reversal Strategy At launch, Scalper Investor EA comes fully loaded with a reversal system designed to catch pullbacks
More from author
CAP Prime Scalper EA MT5
MEETALGO LLC
3.67 (3)
CAP Prime Scalper EA  is a Forex scalping EA that uses a smart system to detect key breakout signals then cuts the profit of the move as much as possible while minimizing the loss. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. It also has option to stop trading before important news releases to avoid slippage an
CAP Stochastic EA Pro 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  ] Before buy Pro version? You can buy alternation pro version, our powerfull EA,   CAP Strategy Builder EA .  This is strategy builder EA. It product
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 u
MeetAlgo Bollinger Bands EA Pro MT5 trades using the Bollinger Bands Indicator. It offers many customizable Bollinger Bands 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 Stochastic setting. Customizable indicator settings Built-in money management Gr
CAP Breakout EA MT5 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
The   MeetAlgo Candle Patterns EA MT4   is a powerful, fully automated Expert Advisor designed to detect and trade dozens of high-probability candlestick patterns—used by professional traders for decades to spot key market reversals and momentum shifts. With advanced filtering, trend-following logic, and customizable entry parameters, this EA turns classical price action into algorithmic precision. Whether you’re a seasoned trader or new to algorithmic systems, the Candle Patterns EA gives you f
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 wh
CAP Strategy Builder EA
MEETALGO LLC
4.84 (31)
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
CAP Channel Trading MT5
MEETALGO LLC
3.98 (58)
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, cryptocur
FREE
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
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  | How to Get All Robot Free ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading
CAP Zone Recovery EA PRO
MEETALGO LLC
3.88 (99)
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 wh
Cap RSI Trader EA Pro
MEETALGO LLC
3 (2)
CAP 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  |  All Products   |  How to Get All Robot Free ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trade
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 bu
CAP Universal Grid EA
MEETALGO LLC
4.43 (14)
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 s
CAP Channel Trading
MEETALGO LLC
3.86 (122)
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, cryptocurren
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
CAP Equity Guard EA
MEETALGO LLC
5 (3)
CAP Equity Guard EA is a risk management tool designed to monitor the equity of your trading account in real-time and take predefined actions when equity thresholds are reached. It is particularly useful for traders and money managers seeking automated protection against excessive drawdowns or equity fluctuations. This EA can perform various automated actions such as closing trades, deleting pending orders, or pausing external EAs once specified equity conditions are met. It also supports resta
MeetAlgo Bollinger Bands EA Pro trades using the Bollinger Bands Indicator. It offers many customizable Bollinger Bands 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 Stochastic setting. Customizable indicator settings Built-in money management Grid t
CAP Channel Trading EA
MEETALGO LLC
4.25 (4)
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
CAP Trade Pad EA MT5
MEETALGO LLC
4.57 (14)
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 ou
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 strateg
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  
CAP Breakout EA Pro
MEETALGO LLC
4 (4)
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
CAP Stochastic EA Pro
MEETALGO LLC
4.75 (4)
CAP Stochastic EA Pro MT4 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  ] Before buy Pro version? You can buy alternation pro version, our powerfull EA,   CAP Strategy Builder EA .  This is strategy builder EA. It product
CAP Equity Guard EA MT5   is a risk management tool designed to monitor the equity of your trading account in real-time and take predefined actions when equity thresholds are reached. It is particularly useful for traders and money managers seeking automated protection against excessive drawdowns or equity fluctuations. This EA can perform various automated actions such as closing trades, deleting pending orders, or pausing external EAs once specified equity conditions are met. It also supports
CAP Trade Pad EA
MEETALGO LLC
4.8 (15)
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 Internal Trade Duplicator EA is a utility that allows you to duplicate trades within the same MetaTrader 5 terminal, on the same account. It is designed for users who want to increase trade volume from existing positions without relying on external tools or services. This tool is especially helpful when you're subscribed to a signal provider on MQL5 and wish to adjust the lot size beyond the original position. The EA automatically replicates each new trade based on your defined settings
CAP Prime Scalper EA
MEETALGO LLC
1 (8)
CAP Prime Scalper EA  is a Forex scalping EA that uses a smart system to detect key breakout signals then cuts the profit of the move as much as possible while minimizing the loss. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. It also has option to stop trading before important news releases to avoid slippage an
CAP Asian Scalper EA
MEETALGO LLC
2.29 (21)
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 spre
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Reply to review
Version 4.9 2025.06.04
REMOVED FEATURE: The built-in news filter has been removed in this version to comply with MQL5 Market policies. External data sources and web requests are no longer supported.
IMPROVEMENTS: Internal optimizations to ensure full compatibility with the latest MQL5 Market requirements.
FIXED BUGS: Minor logic adjustments and improved parameter stability.
Version 4.8 2024.05.25
FIXED BUGS: From the previous week the news filter stopped working. In this version add a new input 'News URL' where there are different URLs of the news filter. You can select a news URL that works with you. There are three news source URLs -

https: // ec.forexprostools.com
https: // sslecal2.investing.com
https: // sslecal2.forexprostools.com

Keep IN MIND - If you select any news URL, you have to add the URL into Allow 'WebRequest for listed URL'
Version 4.7 2023.04.01
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 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