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CAP Wabot Scalper EA MT5

1

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 backtested with long-term history. Nevertheless, there are a few things to keep in mind. It is recommended to trade only low-spread and high liquid Forex pairs (such as EURUSD, AUSJPY  and USDJPY), to chose a broker with low spreads and minimal slippage and to use a VPS or hosting with low latency.


Key Advantages

  • This EA only works on EURUSD, AUSJPY and USDJPY.
  • Fully automated trading 24/5.
  • No need in a large initial deposit.
  • No Martiginale, No Grid.
  • 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. Low stops level (recommended: stop level 0 points).
  4. Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
  5. Do not run more than one EA on one account.


Backtesting / Optimizing

The Expert Advisor uses tick data. Please backtest and optimize in H1 or higher timeframe using the "every tick" mode. Try out different sets of parameters or use MT4 optimization mode for getting maximum gains.


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
    • Filter Trade - Trade filter by trending, we use MA and ADX to define market is trending or not.
    • Indicator Value - Indicator value.
    • Indicator Reset Value - Indicator reset value.
    • TakeProfit - Takeprofit in Points
    • Initial StopLoss - Initial Stop Loss (in points).
    • AskPriceShift/BidPriceShift - Parameter representing the breakout points shift value.
    • Advanced Closing - Active Advanced closing.
  3. Break Even Setting
    • Active Break Even - True/False.
  4. Trailing Stop Setting
    • Active Trailing - True/False.
  5. Split Lot Size Setting
    • SplitProfitLots - Enable profitable order division mode.
    • Start Split - Points of profit to start dividing a profitable deal.
    • Split Lots Percentage - Lots percentage for each profitable deal division.
  6. Time Configurations
    • Configure your trading time.
  7. Basic Configurations
    • Maximum Spread - Maximum spreads limit.
    • CloseOrderOnSpread - Delete pending order if Spreads reach Max Spreads.
    • Custom Commission (USD per lot) - Commission for per standard lot (not used by most of brokers).
    • 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 Capilta Business Solutions.‌

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Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD(GOLD) pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal : Click
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Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
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NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the trades. The EA uses a "
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Launch promo! Only a few copies left at current price! Next price: 633$ Final price: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/
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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
Bonnitta Gold MT5
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Bonnitta Gold   is based on personal Bonnitta Trading Indicator and a very advanced secretive trading algorithm. The strategy of   Bonnitta Gold  is a combination of a  secretive custom indicator , Trendlines, Support & Resistance levels and most important secretive trading algorithm mentioned previously. BONNITTA GOLD NEEDS HIGHER LEVERAGE FROM 400 AND ABOVE - I TESTED IT WITH 10,000 USD AND LEVERERAGE OF 1:500 PLEASE SEE THE REAL ACCOUNT LINK BELOW. YOU NEED BIG LEVERAGE  AND HIGHER RISK TO U
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4.22 (9)
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CAP Gold Albatross EA MT5
MEETALGO LLC
2.36 (11)
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
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CAP Gold Albatross EA
MEETALGO LLC
4.04 (55)
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CAP Ichimoku EA
MEETALGO LLC
4.07 (15)
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Sadegh Bachak
244
Sadegh Bachak 2024.01.09 07:54 
 

User didn't leave any comment to the rating

GOEXPERT
1301
GOEXPERT 2021.09.01 22:27 
 

User didn't leave any comment to the rating

agt1984 Gonzalez
182
agt1984 Gonzalez 2021.02.08 01:44 
 

This bot sucks. Period.

mohamad.H Valipour
295
mohamad.H Valipour 2020.12.29 08:50 
 

Programmer dont answer plz refund our mony ore provide set file that work like scalper...guys if u buy this product and author not responding plz report it..i think better we stand togheter

Jie Lin Wang
137
Jie Lin Wang 2020.10.19 09:39 
 

how to use it trade XAU/USA

Bima Radhite Hanunggara
181
Bima Radhite Hanunggara 2020.09.28 16:41 
 

and somehow never open trade.... i cant understand why scalper EA had 0 trade on a day? am i doing something wrong? im currently use default setting,just change the trade lot to fixed lot... if only i could get a refund....

Reply to review
Version 2.1 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