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Cap RSI Trader EA MT5

FREE

Published: 26 September 2019

Current version: 3.1

Cap RSI Trader EA MT5

4.35

Experts
MEETALGO LLC
Version: 3.1
Updated: 7 March 2022

MeetAlgo RSI Trade EA MT5 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.

Easy to use and customizable RSI setting.
Enable Grid trading.
Customizable break-even, SL, TP and trailing-stop
Works for ECN/Non-ECN brokers
Implements a martingale features
Customizable indicator settings
Filter trading by forex sessions
Built-in money management
Built-in news filter. EA automatic download news data from news website.

The EA implements the following entry strategies, that can be enabled or disabled at will:

Trade when the RSI Indicator is oversold or overbought
Trade when the RSI comes back from an oversold or overbought condition

Four different trading behaviors are available in the EA inputs:

Both Side (Long and Short): The EA will buy at bullish signals and sell at bearish signals both trade
Any Single Side: Open any one trade which signal come first (Buy or Sell)
Long Side Only: The EA will buy at bullish signals and disregard bearish signals
Short Side Only: The EA will sell at bearish signals and disregard bullish signals

Additionally, it implements four different money management modes:

Trade manual lotsize: The EA will trade a fixed lotsize on each trade
Martingale: The EA will double the lotsize after a losing trade

Input Parameters

For a complete description of the input parameters of the EA, kindly read the user guide.

Do You Want RSI EA With More Advanced Strategy?

This is strategy builder EA. It product has more then 34+ build in indicator with RSI that you can make more then 1 million combination strategy that boost you trading strategy with an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. MT4 Version here | MT5 Version here.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Custom Development

If you want personal custom development of this product. For Details to with us.

Author

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

more...

276

Sebastian Kästner 2022.05.13 17:59 #

If you know how to use the RSI carefully and how the market works, it is a wonderful EA. It took me a while to find the right settings for me. But now it's perfect!

170

dubai.martin Martin 2022.04.22 10:20 #

after 2 hrs of settings optimization it works very well on MT5 . Best in XAUUSD M5, followed by GBPUSD M3, EURUSD M1, USDJPY M1. i have the free version, i love it. i would pay for the pro version, but i have not figured out what is better on the paid Pro version. can you pls let me know what is better on the pro version?

Fabian S. 2022.04.08 10:21 #

Super. Thanks a lot

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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

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, cryptocu

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

45 USD

MeetAlgo 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

30 USD

MeetAlgo Ichimoku EA Pro 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. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to use and customizable I

30 USD

Need to open a pending order at news time, or need to open a pending/instant order at a specific time? MeetAlgo News Trading EA is the right tool for you. The MeetAlgo 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

30 USD

MeetAlgo Stochastic EA Pro 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 | FAQ | All Products ] Easy to use and customizable Stochastic setting. Enable Grid trading. Customizable break-even, SL, TP and trailing-stop Works for ECN/

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 You

90 USD

FREE

MeetAlgo RSI Trade EA 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. [ Most Popular Product | List of FREE Product | Installation Guide | Update Guide | Submit Your Problem | All Products ] Easy to use and customizable RSI setting. Enable Grid trading. Customizable break-even, SL, TP and trailing-stop

FREE

CAP Zone Recovery Strategy Builder EA 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 Pr

90 USD

30 USD

FREE

MeetAlgo Moving Average EA Pro 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 ] Easy to use and customizable MA setting. Enable Grid trading. Customizable break-even, SL, TP and trailing-stop Wo

30 USD

MeetAlgo Ichimoku EA 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. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to use and customizable ICHIMO

FREE

30 USD

MeetAlgo Channel Trading EA 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 | FAQ | All Products ] Channel Trading is a volatility-based ind

39 USD

MeetAlgo Stochastic EA 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 | FAQ | All Products ] Easy to use and customizable Stochastic setting. Enable Grid trading. Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-

FREE

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.[ Most Popular Product | List of FREE Product | Installation Guide | Update Guide | Submit Your Problem | All Products ] Easy to use and customizable RSI setting. Enable Grid trading. Customizable break-even, SL, TP and trailing

30 USD

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

59 USD

MeetAlgo Ichimoku EA MT4 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. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] Easy to use and customizable IC

FREE

CAP MACD Trader EA MT5 is a flexible and powerful metatrader expert advisor that trades using the MACD indicator and implements many useful features. It using the metatrader basic MACD Indicator. It offers many customizable MACD 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 ] Easy to use

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

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 advis

FREE

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196

KATTY2010 2022.07.10 23:10 #

buena

José Antônio Junior 2022.06.23 04:25 #

Poderia ter uma configuração que impedisse a compra em um nível de preço acima de uma ordem de venda aberta.

artadamo 2022.06.22 08:56 #

I'm starting to test this robot. Can someone tell me what parameters should I use ??

276

Sebastian Kästner 2022.05.13 17:59 #

If you know how to use the RSI carefully and how the market works, it is a wonderful EA. It took me a while to find the right settings for me. But now it's perfect!

hthieuXM 2022.05.11 04:53 #

i 've tested, but in my mt5 program, the EA didn't do anything for a long time (intraday)

170

dubai.martin Martin 2022.04.22 10:20 #

Fabian S. 2022.04.08 10:21 #

Super. Thanks a lot

213

JavierMz 2022.03.23 19:03 #

Last version was a downgrade instead of an upgrade. It removed the settings #2 and #3, leaving only one RSI setting Could you pls restore the others two settings like the previous version?

Roozy Berthole 2022.03.14 15:53 #

so far so good my second day with it, today is monday, friday ill let you know if you can customize one for me.

Jagansdr6 2022.03.07 15:19 #

Hi everyone,as I am new to this metatrader 4/5 can any one tell me how to add these free indicator in mt 5 mobile platform..please

BurhanFromSmyrna 2022.02.19 12:57 #

That EA really makes steady profits with specific parameters which I have found. Nice job brother! Peace be upon you.

Gamal Ali Hasan Hamada 2021.12.17 19:48 #

Peace be upon you, my brother Muhammad....I tried it in a demo and it looks excellent, thank you, may God bless you

340

Patrick Boris Labeau 2021.09.02 21:13 #

Magnifique , Bon Ea et bien présenté. Je vous remercie pour tout vos dévellopement , Merçi j'ai de ce fait achete le cap stratégie builder qui offre énormément de possibillitées.

389

Trader73901 2021.08.12 19:15 #

Schrott

968

Zheng Mao Nie 2021.08.04 08:52 #

开仓的次数比较少。

JamesMHL 2021.07.26 21:02 #

This EA works also when my computer is OFF ?? or my computer needs to be turned ON in order to work ??

156

Omar Alshekhlei 2021.06.17 01:38 #

Very good. Thank you.

pietchabalala 2021.04.22 16:55 #

Very good, profitable and reliable EA. Thanks developer

234

Mr Surawit Ratanasopa 2021.03.15 07:15 #

very good product .thank you so much

Theeraporn Thongnoppakhun 2021.03.01 07:02 #

New version 2.30 can't back test

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Version 3.1 2022.03.07

UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: Max Daily Trade (Per Pair) can't work properly
FIXED BUGS: News filters

Version 3.0 2021.11.07

--> Minor Update
--> Improved coding

Version 2.40 2021.06.02

Product Update Info
FIXED BUGS: EA sometime remove from chart for "Zero divided" error.

Version 2.30 2021.02.27

Product Update Info
Minor Update
REMOVED: INPUT – Total Equity Profit remove from this version. It created bugs on EA.

Version 2.20 2020.07.22

FIXED BUGS: Break event and Trailing problem.

Version 2.10 2020.07.04

-->Improved Coding
-->Some News Functions Add

Version 2.0 2020.01.05

-->Multiple RSI add into Inputs so you can now make strategy from multiple RSI.

Version 1.10 2019.10.26

-->Bugs Fixed
--->When Reverse Signal=true then OpenTradeAfterReset was not work properly we fixed in this version.