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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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Lo Thi Mai Loan
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Filtro:
Sadegh Bachak
244
Sadegh Bachak 2024.01.09 07:54 
 

L'utente non ha lasciato alcun commento sulla valutazione.

GOEXPERT
1285
GOEXPERT 2021.09.01 22:27 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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....

Rispondi alla recensione
Versione 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