CAP Channel Trading EA MT5

3

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 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.


Functions

  • Easy to use and customizable Stochastic setting.
  • Customizable indicator settings
  • Built-in money management
  • Grid trading when trade in Loss
  • Customizable break-even, SL, TP and trailing-stop
  • Filter trading by multiple forex sessions
  • Grid trading when trade in Profit
  • Initial trade stop filter- you can set a daily time zone so EA will close all trades in that time.
  • Trade close filter by Daily time
  • Implements a martingale features 
  • Partial Closing
    Know more details about PRO version


Setting File
Download Setting file Click Here

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


Custom Modification / For White-label

If you want personal custom development or white-label of this product. For Details to with us.


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


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 4
    David John Thompson
    315
    David John Thompson 2020.06.22 11:03 
     

    Does just what I expected - took trades at the extremes and took profits on the reverse. As usual with martigale multipliers, make sure you trade with small initial lots, and you have a sensible capital base.

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    Zaha Feiz
    5 (3)
    ATy Gold and BTC  Join my MQL5 channel to update the latest news from me.  My community of over 80,000 members on MQL5 • AUTORITHM Bot Group   Discounted   price .     The price will increase by $30 with every 8 purchases. Final price $999 Autorithm AI Technical Description AUTORITHM is an advanced AI-powered trading system designed for MetaTrader 5 that implements 10 specialized artificial intelligence layers for comprehensive market analysis. The Expert Advisor utilizes sophisticat
    META i7
    Meta Sophie Agapova
    META i7 – Evolution of Intelligent Trading  -  Technical Reference META i7 is a fully automated Expert Advisor based on two powerful and cooperative neural networks. These work together in real time to make, evaluate, and continuously optimize trading decisions. The two neural networks are processed and analyzed through the internal META Layer. This is a fully integrated interface within the EA that merges and interprets their outputs into one coherent trading decision. The EA actively learns f
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    Cristian Mantovani
    2977
    Cristian Mantovani 2024.05.21 09:32 
     

    The news filter has not been working for 2 weeks and the seller is not doing anything to fix the problem.

    SWIFTYRENTALS (Pty) Ltd
    1895
    Kwanele Cuba 2024.05.14 13:47 
     

    Hi Guys , Is there a Telegram group for the product users ?

    Volnei Girardi
    94
    Volnei Girardi 2021.04.29 12:46 
     

    Hello good morning, I'm having problems with the EA, I bought it, however, when I'm going to test in the standard strategy, or any of the 5 strategies he has, he is only opening 4 orders and each order of 0.01 is not doing martingale as shown in standard strategy, I already uninstalled the MT5, installed it again and still won't, can anybody help me to activate the option to do martingale?

    David John Thompson
    315
    David John Thompson 2020.06.22 11:03 
     

    Does just what I expected - took trades at the extremes and took profits on the reverse. As usual with martigale multipliers, make sure you trade with small initial lots, and you have a sensible capital base.

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