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Cap RSI Trader EA Pro MT5

5

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. [Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products | How to Get All Robot Free]


Functions

  • Easy to use and customizable RSI 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
  • Cross at OS/OB : Trade when the RSI Indicator is oversold or overbought level.
  • Cross at OS/OB Line : Trade when the RSI value cross  oversold or overbought line.
  • Cross COMEBACK at OS/OB Line : Trade when the RSI value cross reverse oversold or overbought line.


    Input Parameters

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


    Do You Want This EA With More Advanced Strategy?

    Our Strategy Builder EA are ALL-IN_ONE EA that has all function as PRO version with others 34+ build in indicator so you can make 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.


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


    Support

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


    Custom Modification / For White-label

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


    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 3
    Pak Kan Cheung
    137
    Pak Kan Cheung 2024.04.30 19:18 
     

    Very good EA , remeber to use OS/OB line cross (reverse) strategy

    Alessandro Boraso
    483
    Alessandro Boraso 2024.03.09 10:21 
     

    Very stable software!

    cesiek
    532
    cesiek 2023.03.29 16:12 
     

    Długo szukałem dobrego ustawienia i udało się mam najlepszy EA jaki kiedykolwiek spotkałem w swojej karierze

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    Pak Kan Cheung
    137
    Pak Kan Cheung 2024.04.30 19:18 
     

    Very good EA , remeber to use OS/OB line cross (reverse) strategy

    Alessandro Boraso
    483
    Alessandro Boraso 2024.03.09 10:21 
     

    Very stable software!

    cesiek
    532
    cesiek 2023.03.29 16:12 
     

    Długo szukałem dobrego ustawienia i udało się mam najlepszy EA jaki kiedykolwiek spotkałem w swojej karierze

    Reply to review
    Version 4.9 2025.02.22
    MODIFY: Change entry logic Name, internal logic are same just change name, new name is below
    ==> Old Name - 'Cross' == New Name 'UP and DOWN'
    ==> Old Name - 'Comebacks Oversold/Overbought' == New Name 'UP and DOWN (Reverse)'
    ==> Cross at OS/OB Line (Remain unchanged)
    ==> Cross at OS/OB Line (Remain unchanged)

    FIXED BUGS: In EA RSI value works without points. For example in the old version when your RSI value is 30.36 EA will be considered as 30, In this version we fixed it.
    Version 4.8 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 4.7 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 4.5 2024.09.15
    ADDED: NEW FEATURE – The Pro version comes with many new inputs.
    Version 4.1 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 4.0 2024.02.20
    FIXED BUGS: News Filter can't work with grid trade when you select News Filter Use For = All Trade.
    Version 3.9 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 3.8 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 3.7 2023.03.04
    FIXED BUGS: Max Monthly Profit and Max Monthly Loss not working (In Pro Version)
    Version 3.6 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 3.5 2022.11.08
    ADDED: NEW FEATURE
    ->>Add new strategy
    –>>Rearrange some input sections, and we change some input names.
    –>>Add Martingale
    –>>Add Partial Closing

    KEEP IN MIND - In this version, we change some input's names, So your existing set file may not work. please create the new set file.
    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