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CAP Gold Albatross EA MT5

FREE

Published: 5 April 2019

Current version: 4.8

CAP Gold Albatross EA MT5

Name: CAP Gold Albatross EA MT5
Rating: 2.3636363 (11 reviews)
Author: MEETALGO LLC

2.36

Experts
MEETALGO LLC
Version: 4.8
Updated: 25 May 2024

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:

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

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.

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.

Break Even Setting

Active Break Even - True/False.

Trailing Stop Setting

Active Trailing - True/False.

Time Configurations

Configure your trading time.

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.

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.‌

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willame barros 2024.06.24 03:27 #

Boa noite queria saber porque as linhas tp e sl nao estão acompanhando o preço ja que nos backtestes elas se movimentam junto com a ponta do gráfico alguém pode me explicar?

477

Chalermpol Sooksilp 2023.03.18 15:33 #

Good

palekar_shailesh 2022.04.22 11:35 #

Hi, I am using the CAP software from 1 year. I want to know how to set spread below 5spread in expert properties in real account. Your reply is highly appreciated. Thanks

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The original price is $399. The $300 promotion ends in 24 hours! Gold has risen 25% in about a year, which is crazy, so I manually placed a long Sell order on August 23. This trade once brought a profit of $15, but I thought it was possible to get a bigger profit, so I chose to hold it. Gold continued to rise, but I would not change my judgment that gold would return to $2,400. Don't be confused, this is a manual order, EA's orders usually stop loss at $1--3, and rarely may trigger a maximum st

300 USD

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 m

399 USD

The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit

1 099 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

49 USD

CAP Ashmiza Trading EA MT5 , a cutting-edge trading robot meticulously developed over 16 years of algorithmic trading expertise. Designed for traders who truly care about their money, are committed to avoiding losses, and seek steady growth and robust trading logic, this expert advisor (EA) is your ultimate tool for achieving consistent success in the forex market. Live Signal #1 Live Signal #2 Why Choose CAP Ashmiza Trading EA MT5? Unmatched Experience : Developed by an algo trading expe

99 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 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

CAP Rebate Trading EA MT5 is an automatic trading robot, a high-frequency grid trading system. EA performs a great number of trades allowing it to make profit not only from Forex market but also from receiving rebates (returning part of a spread). Since the security margin for a locking position is about 25-50% (depending on the broker), CAP Rebate Trading EA works in two directions simultaneously in case the appropriate signals are present. [ Installation Guide | Update Guide | Submit Y

99 USD

30 USD

CAP Wabot Scalper EA is a fully automated Expert Advisor for Forex trading that uses advance price movement. Indicators are not used in operation. The EA uses Take Profit and Stop Loss. Averaging and Martingale are not used. This EA is basically designed to trade EURUSD, GBPUSD and USDJPY which implements a complete and fully-functional trading strategy. But EA can be working any of pair. This EA will need a good broker with small spread to work successfully. CAP Wabot Scalper EA is backtest

45 USD

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

49 USD

40 USD

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

45 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

30 USD

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

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 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

99 USD

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

30 USD

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

30 USD

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

MeetAlgo internal copy trade EA MT5 is capable of copying your trade in the same account the same terminal. It is very useful if you have hired the website mql5.com signal to earn investment profits, the lot size on the MT4 software received from the primary signal will be limited to reduce the risk. It is because the lot size is very significant; the investment profits will, in turn, be tiny. The tool is used to increase the size of the order. This tool is set to duplicate the order from the in

30 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

30 USD

CAP Moving Average 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 ] Functions Easy to use and customizable Moving Average setting. Customizable indicator settings Built-in money management Grid

FREE

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

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 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 your

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 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

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willame barros 2024.06.24 03:27 #

Boa noite queria saber porque as linhas tp e sl nao estão acompanhando o preço ja que nos backtestes elas se movimentam junto com a ponta do gráfico alguém pode me explicar?

sahibrajpalfx 2024.06.12 00:34 #

User didn't leave any comment to the rating

Fernando brito 2023.10.11 13:42 #

COMO POSSO COMPRAR UMA VERSAO QUE FUNCIONE ? ROBO NO BACKTEST PERFEITO ,MAS NA REAL NA DA ENTRADA.

477

Chalermpol Sooksilp 2023.03.18 15:33 #

Good

6250

Alberto Gauer Borrego 2022.05.20 12:33 #

Junk. Works only on strategy tester. Put it on a real account it is gonna blow it up. It blew up even the demo account I was forward testing it.

palekar_shailesh 2022.04.22 11:35 #

Hi, I am using the CAP software from 1 year. I want to know how to set spread below 5spread in expert properties in real account. Your reply is highly appreciated. Thanks

ndrndri 2021.08.03 10:20 #

User didn't leave any comment to the rating

1443

Marcel Bühler 2021.03.04 22:13 #

Flew into minus to fast.

Ronisson Santiago Ribeiro 2020.10.15 23:56 #

Custo benefício maravilhoso

arkiadell 2020.10.02 11:43 #

very bad. don't ever use in real account or even demo . all trades lose file:///C:/Users/chateau/OneDrive/Desktop/ea%20setting/Annotation%202020-10-02%20134345.jpg

387

QiSong Wang 2019.12.23 06:45 #

User didn't leave any comment to the rating

bahir 2019.11.03 18:21 #

Fantastic results when testing the EA on OHLC and a loss of deposit when testing on real ticks.

385

ccou 2019.05.16 08:52 #

This EA will kill your account.

if (IsTesting())

give good fake results

else

screw the account

1690

Wan Ping Fei 2019.04.17 06:50 #

User didn't leave any comment to the rating

431

Marco 2019.04.17 02:14 #

Impressive results on backtesting, unfortunately after 2 weeks forward testing the result were completely different, almost inactive or negative activity, please let me know about significative updates and I'll give it a try again, it seems promising, I can't complain about free gifts :D

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