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CAP Gold Albatross EA MT5

2.1

The MeetAlgo Gold Albatross EA MT5 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 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. Default Setting are optimize for EURUSD 1 Minute Timeframe
  4. Low stops level (recommended: stop level 0 points).
  5. Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
  6. Small spread significantly increases the EA's efficiency.
  7. Use only five-digit accounts.


Recommendations

For correct robot operation, it is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS chosen based on the closest location to the broker to achieve the lowest possible ping, which provides better conditions for the robot to place orders.


Testing

It is important backtest CAP Gold Albatross EA with the simulation coefficient of not less than 99%. Some brokers have a significant delay in triggering of stops and orders, which is critical to any trading.


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

    • UseIndicator- Choose indicator type to filter signal.
    • Filter Trade- Choose additional trade filter.
    • TakeProfit - Take Profit (in points).
    • StopLoss - Initial Stop Loss (in points).
    • TradeSignal- The trade signal represents the directional volatility needed to trade. Increase value for better performance and less trade.
    • Limit- Distance to reverse in points.
    • SmartStopLevel - if True, StopLoss will move every tick with profit.
    • MaxDurationToCloseOrder - Value in Minute for expire active orders.
    • IndicatorPeriod - Indicator Period (MA or Band).
    • ReverseSignal - if True, All signal will be reverse.
    • TradeOnlyNewCandle- if True, One trade will be open only one candle.

  3. Break Even Setting

    • Active Break Even - True/False.

  4. Trailing Stop Setting

    • Active Trailing - True/False.

  5. Time Configurations

    • Configure your trading time.

  6. Basic Configurations

    • MaximumSpread - Maximum spreads limit.
    • MaximumStopLevel - Maximum stop level.
    • CloseOrderOnSpread - Delete pending order if Spreads reach Max Spreads.
    • ECNBroker- If true, EA place order first then set StopLoss (Broker which not allow place order with StopLoss).
    • Slippage - Maximum slippage value.
    • Magic - Magic Number.


Official Channel

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Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of MeetAlgo LLC.‌


리뷰 13
Chalermpol Sooksilp
465
Chalermpol Sooksilp 2023.03.18 15:33 
 

Good

palekar_shailesh
57
palekar_shailesh 2022.04.22 11:35 
 

Hi, I am using the CAP software from 1 year. I want to know how to set spread below 5spread in expert properties in real account. Your reply is highly appreciated. Thanks

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Fundamental Robot MT5
Kyra Nickaline Watson-gordon
Fundamental Robot is an Expert Advisor based on Fundamental Signals Indicator. The Fundamental Signals Indicator has a powerful calculation engine that can predict market movement over 30000 points. The indicator is named fundamental because it can predict trends with large movements, no complicated inputs and low risk.  The EA works with low margin levels and thus has low risk. Using EA : The EA is very simple and without complicated input parameters. These are main parameters must b
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Samuel Kiniu Njoroge
5 (1)
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Perfect Algorithm MT5
Pavel Malyshko
5 (1)
My clients have been waiting for this for a long time, a novelty that will be competitive in the forex market. And so I created this algorithm and at the moment I consider it the best among all my products. Each buyer is invited to the VIP group for buyers / for this, after the purchase, write me a private message. The algorithm is designed in such a way that it uses the most probable reversal points, which, if activated, do not require long-term holding of the position. All transactio
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Miss Preeyanut Budsarakham
Golden Harvest MT5 automated trading system is a trading system for trading gold. by default of the variables for gold trading by using the function of Indicator Bollinger Bands Indicator, ATR, std, Ma200 using the martingale trading method. Coupled with the use of the neural network, the main body of finding good trading positions is mainly using bb based on twenty years of backtesting. Get satisfactory trading results, safe in trading gold, at 15 minutes intervals, users can immediately trade
PROMO: ONLY 10 LEFT AT $90! Next price:        $199 Price will be kept high to limit number of users for this strategy. This EA starts trading at the open of   London (UK) Session . It is based on analysis of advanced statistical distributions combined with short to medium term reversal patterns which have mean-reversion attributes. The EA includes several smart features and allows you to trade with a fixed or automatic lot size. The EA is not sensitive to spreads but can be backtested on bo
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Stanislav Tomilov
5 (9)
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Aleksandr Chebotaev
5 (4)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Bogdan Ion Puscasu
4.9 (71)
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Anton Kondratev
5 (2)
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Thi Thu Ha Hoang
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Antonio Simon Del Vecchio
5 (10)
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Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
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Artem Minchuk
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Perceptrader AI MT5
Valeriia Mishchenko
4.67 (6)
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ExpertSMC
Jing Bo Wu
5 (4)
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply Demand  ,  Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG, Inversion FVG, IFVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Fra
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MEETALGO LLC
3.95 (101)
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The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
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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 th
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MEETALGO LLC
4.54 (13)
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CAP Zone Recovery Strategy Builder EA MT4  is a another version of our Main Product CAP Zone Recovery EA.  This EA is a strategy builder type EA has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy. Also this Builder offers an incredible amount of functionality with zone recovery strategy. So you can test your strategy easy way without knowledge of coding. [    Installation Guide  |  Update Guide  |  Submit Your Problem  
CAP Zone Recovery EA MT4  is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy". CAP Zone Recovery EA MT4  is extremely easy to use. You just open a trade in a trending market - no matter w
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MEETALGO LLC
3.67 (3)
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CAP Stochastic EA Pro MT5 trades using the Stochastic Indicator. It offers many customizable Stochastic 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  |  All Products  ] Before buy Pro version? You can buy alternation pro version, our powerfull EA,   CAP Strategy Builder EA .  This is strategy builder EA. It produc
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MEETALGO LLC
4.89 (9)
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MEETALGO LLC
4.11 (56)
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MEETALGO LLC
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MEETALGO LLC
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MEETALGO LLC
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MEETALGO LLC
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MEETALGO LLC
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MEETALGO LLC
3 (4)
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MEETALGO LLC
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MEETALGO LLC
4.2 (15)
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MEETALGO LLC
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CAP Breakout EA MT5 Pro   is a flexible and powerful metatrader expert advisor that using several breakout strategy and implements many useful features. It using the ZikZak Breakout, Daily candle breakout, London time breakout, Pivot points breakout and several breakout strategy. It offers many customizable trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode [  Installation Guide  |  U
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MEETALGO LLC
4.25 (12)
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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 th
CAP Moving Average EA MT5
MEETALGO LLC
4.29 (14)
CAP Moving Average EA MT5  trades using the Moving Averages Indicator. It offers many customizable Moving Averages 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  ] Functions Easy to use and customizable Moving Average setting. Customizable indicator settings Built-in money management Grid
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CAP Moving Average EA
MEETALGO LLC
4.54 (39)
CAP Moving Average EA  trades using the Moving Averages Indicator. It offers many customizable Moving Averages 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  ] Functions Easy to use and customizable Moving Average setting. Customizable indicator settings Built-in money management Grid trad
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CAP Trade Pad EA MT5
MEETALGO LLC
4.4 (15)
Trade easily from the chart with  CAP Trade Pad EA . It handles risk management for you and can perform several useful tasks with your existing trades. Trade easily from the chart Trade with precise risk management hassle free Set your desired stop loss and take profit levels Close all existing trades with a single click Delete all pending orders with a single click Reap partial profits with a single click It has no input parameters How to Use Please Read this blog -   Details Information in o
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CAP Equity Guard EA
MEETALGO LLC
4.55 (22)
The  CAP Equity Guard MT4  is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The  CAP Equity Guard EA  is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts. The EA performs the following tasks: It monitors your entire trading account. Easy to use! Just drag it to a random empty chart. It will work perfectly, if MetaTrader restarts. It can be workable with your
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CAP Moving Average Pro EA  trades using the Moving Averages Indicator. It offers many customizable Moving Averages 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  ] Before buy Pro version? You can buy alternation pro version, our powerfull EA,   CAP Strategy Builder EA .  This is strategy b
CAP Zone Recovery Strategy Builder EA MT5  is a another version of our Main Product CAP Zone Recovery EA.  This EA is a strategy builder type EA has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy. Also this Builder offers an incredible amount of functionality with zone recovery strategy. So you can test your strategy easy way without knowledge of coding. [    Installation Guide  |  Update Guide  |  Submit Your Problem  
필터:
Fernando brito
20
Fernando brito 2023.10.11 13:42 
 

COMO POSSO COMPRAR UMA VERSAO QUE FUNCIONE ? ROBO NO BACKTEST PERFEITO ,MAS NA REAL NA DA ENTRADA.

Chalermpol Sooksilp
465
Chalermpol Sooksilp 2023.03.18 15:33 
 

Good

Alberto Gauer Borrego
5317
Alberto Gauer Borrego 2022.05.20 12:33 
 

Junk. Works only on strategy tester. Put it on a real account it is gonna blow it up. It blew up even the demo account I was forward testing it.

palekar_shailesh
57
palekar_shailesh 2022.04.22 11:35 
 

Hi, I am using the CAP software from 1 year. I want to know how to set spread below 5spread in expert properties in real account. Your reply is highly appreciated. Thanks

ndrndri
41
ndrndri 2021.08.03 10:20 
 

Hi. Is this expert still working? Everyone says in the comments that it only works on the demo account.

Marcel Bühler
1428
Marcel Bühler 2021.03.04 22:13 
 

Flew into minus to fast.

Ronisson Santiago Ribeiro
64
Ronisson Santiago Ribeiro 2020.10.15 23:56 
 

Custo benefício maravilhoso

arkiadell
32
arkiadell 2020.10.02 11:43 
 

very bad. don't ever use in real account or even demo . all trades lose file:///C:/Users/chateau/OneDrive/Desktop/ea%20setting/Annotation%202020-10-02%20134345.jpg

QiSong Wang
372
QiSong Wang 2019.12.23 06:45 
 

사용자가 평가에 대한 코멘트를 남기지 않았습니다

bahir
37
bahir 2019.11.03 18:21 
 

Fantastic results when testing the EA on OHLC and a loss of deposit when testing on real ticks.

ccou
385
ccou 2019.05.16 08:52 
 

This EA will kill your account.

if (IsTesting())

give good fake results

else

screw the account

Wan Ping Fei
1690
Wan Ping Fei 2019.04.17 06:50 
 

사용자가 평가에 대한 코멘트를 남기지 않았습니다

Marco
421
Marco 2019.04.17 02:14 
 

Impressive results on backtesting, unfortunately after 2 weeks forward testing the result were completely different, almost inactive or negative activity, please let me know about significative updates and I'll give it a try again, it seems promising, I can't complain about free gifts :D

리뷰 답변
버전 4.7 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
버전 4.6 2022.09.02
ADDED: NEW FEATURE – Add Sunday and Saturday into Trading Time configurations
버전 4.5 2022.03.08
UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
버전 4.1 2021.09.24
FIXED BUGS: ReverseSignal not working.
버전 4.0 2021.07.24
Remove "EQUITY GUARDIAN" section. Add New section "I N I T I A L T R A D E S T O P F I L T E R"
버전 3.10 2020.07.04
-->Minor Update
버전 3.0 2020.01.21
-->Minor internal coding update
버전 2.10 2019.05.02
--> Fixed bugs lots size problem.
버전 2.0 2019.04.30
--> Fixed some bugs