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  • Reviews (2)
  • Comments (7)
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CAP Ichimoku EA Pro MT5

4

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 strategy builder EA. It product has same function of this EA with more then 34+ build in indicator with MA 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. 


Functions

  • Easy to use and customizable Ichimoku 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
  • Built-in news filter. EA automatic download news data from news website.   
  • Grid trading when trade in Profit (In Pro Version)
  • Initial trade stop filter- you can set a daily time zone so EA will close all trades in that time.  (In Pro Version)
  • Trade close filter by Daily time  (In Pro Version)
  • Implements a martingale features  (In Pro Version)
  • Partial Closing (In Pro Version)
    Know more details about PRO version


Entry Strategies

  • Tenkan-Kijun Cross
  • Tenkan-Kijun Cross (Advance)
  • Kumo Cloud Breakout
  • Kumo Cloud Breakout (Advance)
  • Kijun-Price Cross
  • Chikou Breakout
  • Kumo Future Twist


    User Guide

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


    Become a Member?
    One time purchse get all of EA Free, more details click here. 


    Custom Modification / For White-label?

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


    Other's Vertions

    MT4 | MT5 | MT4 (Pro)


    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 2
      mickaswah
      125
      mickaswah 2024.08.21 06:20 
       

      I purchased the PRO version of this EA as it seemed to be good value for the functionality. Back testing on the JBPGPY is going well and I have it running on a raw ECN demo account. It's up 7% for the month of August so far. I'm waiting for a response from the developer to some questions. There has been no response for several days. So I will update this review if I can get a response. The user manuals are very comprehensive. At first they were difficult to find, but if you go to the Meet Algo website there is a full explanation of all of the features and how to set them and what they do etc. If we can end the month with somewhere around a 5% return then I'm going to let it onto a small live account next month. There is still a lot of testing that can be done to see how the various entry and exit setup options the EA has will work. Right not I'm just using one setup - Tenkan-Kijun Cross (Advance): and its working pretty well on 15m charts for the GBPJPY.

      RKZINGADE
      26
      RKZINGADE 2022.04.24 10:05 
       

      EA is good.

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      Filter:
      mickaswah
      125
      mickaswah 2024.08.21 06:20 
       

      I purchased the PRO version of this EA as it seemed to be good value for the functionality. Back testing on the JBPGPY is going well and I have it running on a raw ECN demo account. It's up 7% for the month of August so far. I'm waiting for a response from the developer to some questions. There has been no response for several days. So I will update this review if I can get a response. The user manuals are very comprehensive. At first they were difficult to find, but if you go to the Meet Algo website there is a full explanation of all of the features and how to set them and what they do etc. If we can end the month with somewhere around a 5% return then I'm going to let it onto a small live account next month. There is still a lot of testing that can be done to see how the various entry and exit setup options the EA has will work. Right not I'm just using one setup - Tenkan-Kijun Cross (Advance): and its working pretty well on 15m charts for the GBPJPY.

      RKZINGADE
      26
      RKZINGADE 2022.04.24 10:05 
       

      EA is good.

      Reply to review
      Version 5.4 2025.02.15
      Changelog - Latest Updates
      Added MagicNumber (First 3 Digits) Filtering for Trade Stop Filter

      Now, EA can stop new initial trades across multiple charts if the first three digits of the MagicNumber match.
      Added Global Settings for Grid Trades

      DontTradeIfGridTradeExist: Prevents new grid trades from opening if an existing grid trade is already within the grid gap zone.
      ExtraPaddingForGridZone: Allows additional padding (in %) to be applied to the grid gap, preventing trades from being too closely spaced.

      Note - Change Only in Pro version.
      Version 5.2 2024.11.20
      FIXED BUGS: Trend Filter is removed previous version, we added this function, with some customize
      ADDED: NEW FEATURE: In the Pro version 'Max Running Initial Trade (All Pair)' comes with more customizable, So you can stop opening new trade with some customized logic.
      Version 5.0 2024.08.20
      CHANGED: Internal coding change, No change in the free version.
      ADDED: NEW FEATURE – The Pro version comes with many new inputs.
      Version 4.9 2024.05.24
      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 4.8 2024.04.01
      ADDED: NEW INPUT
      ----> Don't Open in Same Initial Candle - If true, Grid trade will not open if initial trade already opened in the same candle. (This input also adds both loss and profit grid side)
      ----> Don't Open in Same Candle (Trade Closed) - If true, Initial trade will be not open if the last trade closed in the same candle.
      Version 4.6 2024.02.21
      FIXED BUGS: News Filter can't work with grid trade when you select News Filter Use For = All Trade.
      Version 4.5 2023.10.10
      ADDED: NEW FEATURE: You can stop open grid trade on trade time in this version. News filters also work with grid trade. The previous version of trading time and news filter only worked with initial trade only.
      Version 4.4 2023.04.02
      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 4.3 2023.02.12
      NEW FEATURE – We rearrange the full input section. Some input name changes in this version. All functions are the same just rearrange the input section.

      KEEP IN MIND - Your old setting file may not be compatible with the new version. To create a new setting file for this version manually.
      Version 4.2 2022.11.09
      FIXED BUGS:
      ->>No trading time, We change the trade time default input's Group #1 Time 00:00 - 00:24 to 00:00 - 23:40 (Keep in mind when you set 24 hours as trade time, EA will not trade.)

      ADDED: NEW FEATURE
      –>>Rearrange some input sections, and we change some input names.
      –>>Add Martingale (In Pro Version)
      –>>Add Partial Closing (In Pro Version)
      Version 4.0 2022.02.21
      UPDATED – Change our branding name CAP to MeetAlgo
      Version 2.1 2022.01.02
      --->Minor Update
      Version 1.10 2021.03.11
      Product Update Info
      FIXED BUGS: Dashboard slippage data give error