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Cap RSI Trader EA MT5

4.34

MeetAlgo RSI Trade EA MT5 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 | All Products ]


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.


    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

    리뷰 20
    Pak Kan Cheung
    127
    Pak Kan Cheung 2024.01.19 15:35 
     

    That can be the best EA if u take some time on optimization

    Mohamad Sangsefidi
    36
    Mohamad Sangsefidi 2023.12.25 11:30 
     

    WONDERFUL I SET ON GOLD WAS AMAZING

    Abdelsalam Gebrel Abdelsalam Ahmed
    219
     

    Very good EA , I used it for one and have month in real account , result is wonderful, but there's one thing in account need a lot of money . if in one need use it and his account is only 100 $ he must use Micro account. thank you

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    Chen Jia Qi
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    Ho Tuan Thang
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    Bogdan Ion Puscasu
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    Bogdan Ion Puscasu
    4.9 (71)
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    Marzena Maria Szmit
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    Gregory Hay
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    Babak Alamdar
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    Bogdan Ion Puscasu
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    Profalgo Limited
    4.5 (10)
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    Guillaume Duportal
    4.92 (38)
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    Denis Kurnev
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    Lachezar Krastev
    4.88 (49)
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    Shintaseftiana
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    Aleksandr Chebotaev
    5 (4)
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    MEETALGO LLC
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    MEETALGO LLC
    4.41 (22)
    CAP Breakout EA MT4   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  |  Updat
    FREE
    Cap RSI Trader EA
    MEETALGO LLC
    4.47 (32)
    CAP RSI Trade EA 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  |  All Products  ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizable break-even,
    FREE
    CAP Channel Trading MT5
    MEETALGO LLC
    4.07 (54)
    The   CAP Channel Trading   is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptoc
    FREE
    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 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
    FREE
    CAP Breakout EA MT5
    MEETALGO LLC
    4.15 (26)
    CAP Breakout EA MT5   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  |  Updat
    FREE
    The MeetAlgo internal copy trade EA is capable of copying your trade in the same account the same terminal. It is very useful if you have hired the website mql5.com signal to earn investment profits, the lot size on the MT4 software received from the primary signal will be limited to reduce the risk. It is because the lot size is very significant; the investment profits will, in turn, be tiny. The tool is used to increase the size of the order. This tool is set to duplicate the order from the in
    CAP Universal Grid EA MT5
    MEETALGO LLC
    4.89 (9)
    CAP Universal Grid EA MT5 is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. [  Installation Guide  |  Update Guide  |  Submit Your Problem  |  FAQ  |  All Products  ] Easy to set up and supervise No indicators or hard analysis needed Grid trading is time-frame independent Requires little forecasting of the market Extracts money out of the market regularly Key Features Easy to set
    CAP Moving Average Pro 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  ] Before buy Pro version? You can buy alternation pro version, our powerfull EA,   CAP Strategy Builder EA .  This is strate
    CAP Channel Trading
    MEETALGO LLC
    3.94 (136)
    The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu
    FREE
    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 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 Ichimoku EA Pro
    MEETALGO LLC
    3 (4)
    CAP Ichimoku EA MT4 Pro  trades using the Ichimoku Kinko Hyo 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. [  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 p
    CAP News Trading
    MEETALGO LLC
    4.09 (11)
    Need to open a pending order at news time, or need to open a pending/instant order at a specific time?    CAP News Trading EA is the right tool for you. The   News Trading EA  opens pending orders at a specific time or specific date for you avoiding human errors and enhancing your trading activity. It is useful for news traders who open pending orders before the news come out. News trading is one of the most difficult disciplines – but it can also be one of the most profitable ones if you know t
    CAP Ichimoku EA MT5
    MEETALGO LLC
    4.2 (15)
    CAP Ichimoku EA MT5  trades using the Ichimoku Kinko Hyo 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. [  Installation Guide  |  Update Guide  |  Submit Your Problem  |  All Products  ] Functions Easy to use and customizable Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los
    FREE
    CAP Stochastic EA MT5
    MEETALGO LLC
    4.25 (12)
    CAP Stochastic EA 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  ] Functions Easy to use and customizable Stochastic setting. Customizable indicator settings Built-in money management Grid trading when trade in Loss C
    FREE
    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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    MEETALGO LLC
    4.4 (15)
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    FREE
    CAP Universal Grid EA
    MEETALGO LLC
    4.54 (13)
    MeetAlgo Universal Grid EA MT4 is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. [  Installation Guide  |  Update Guide  |  Submit Your Problem  |  FAQ  |  All Products  ] Easy to set up and supervise No indicators or hard analysis needed Grid trading is time-frame independent Requires little forecasting of the market Extracts money out of the market regularly Key Features Easy to
    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
    FREE
    CAP Ichimoku EA
    MEETALGO LLC
    4.07 (15)
    CAP Ichimoku EA MT4  trades using the Ichimoku Kinko Hyo 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. [  Installation Guide  |  Update Guide  |  Submit Your Problem  |  All Products  ] Functions Easy to use and customizable Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los
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    CAP News Trading MT5
    MEETALGO LLC
    3.5 (2)
    Need to open a pending order at news time, or need to open a pending/instant order at a specific time?    CAP News Trading EA   is the right tool for you. The   News Trading EA  opens pending orders at a specific time or specific date for you avoiding human errors and enhancing your trading activity. It is useful for news traders who open pending orders before the news come out. News trading is one of the most difficult disciplines – but it can also be one of the most profitable ones if you know
    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  
    CAP Breakout EA Pro
    MEETALGO LLC
    3.67 (3)
    CAP Breakout EA MT4 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
    필터:
    RolandBotes
    24
    RolandBotes 2024.04.19 18:26 
     

    The EA works as described. It automatically takes buys and sells if the RSI is at certain levels.

    Dennis JustA
    68
    Dennis JustA 2024.04.05 14:07 
     

    1: The tuning parameters of this expert Advisor are full of constants. It's impossible to transfer EA to another symbol without a thorough backtest. The EA may stop working if the market behavior changes. Hardcoding is a bygone style of developing. 2: The USER GUIDE contains 90% advertising of paid PRO version. There is no description of the advisor's functionality and features. 3: There are no backtest results. 4: Broken link to description of the general parameters (non-existent blog post = https://www.mql5.com/en/blogs/post/730083) 5: Since some time the values of SL, TP, Grid Distance became the ATR multipliers. The lot size is a percentage of the account's free margin. 6: There is no version history describing the changes. 7: The number of downloads and activations is hidden 8: No user support. SUMMARY: Don't waste your time on this EA. Even if it is free you'll pay a lot of lifetime to make it trading. Find anything else more relevant. SY,

    Pak Kan Cheung
    127
    Pak Kan Cheung 2024.01.19 15:35 
     

    That can be the best EA if u take some time on optimization

    Mohamad Sangsefidi
    36
    Mohamad Sangsefidi 2023.12.25 11:30 
     

    WONDERFUL I SET ON GOLD WAS AMAZING

    Juanjo Camejo
    18
    Juanjo Camejo 2023.12.11 16:34 
     

    para mi trabaja muy bien despues de hacerle algo en la configuraciones

    Abdelsalam Gebrel Abdelsalam Ahmed
    219
     

    Very good EA , I used it for one and have month in real account , result is wonderful, but there's one thing in account need a lot of money . if in one need use it and his account is only 100 $ he must use Micro account. thank you

    75030132
    14
    75030132 2023.06.26 17:10 
     

    don't know if its my settings, but on the 1st 2 days the bot made good profits, rest of the week it cost me 200 dollars in losses so i have mixed feelings

    Chalermpol Sooksilp
    463
    Chalermpol Sooksilp 2023.03.17 14:48 
     

    Good

    LEAHI
    29
    LEAHI 2022.12.22 23:14 
     

    I like it alot!

    Lalit Kumar
    207
    Lalit Kumar 2022.12.15 12:06 
     

    Thank you so much Ali. Can you please help me with BR and TR settings ?

    Cristian Mihail Pauna
    12973
    Cristian Mihail Pauna 2022.09.27 07:18 
     

    Negative feedback!

    KATTY2010
    196
    KATTY2010 2022.07.10 23:10 
     

    buena

    José Antônio Junior
    19
    José Antônio Junior 2022.06.23 04:25 
     

    Poderia ter uma configuração que impedisse a compra em um nível de preço acima de uma ordem de venda aberta.

    artadamo
    50
    artadamo 2022.06.22 08:56 
     

    I'm starting to test this robot. Can someone tell me what parameters should I use ??

    Sebastian Kaestner
    446
    Sebastian Kaestner 2022.05.13 17:59 
     

    If you know how to use the RSI carefully and how the market works, it is a wonderful EA. It took me a while to find the right settings for me. But now it's perfect!

    hthieuXM
    14
    hthieuXM 2022.05.11 04:53 
     

    i 've tested, but in my mt5 program, the EA didn't do anything for a long time (intraday)

    Martin Strachota
    353
    Martin Strachota 2022.04.22 10:20 
     

    after 2 hrs of settings optimization it works very well on MT5 . Best in XAUUSD M5, followed by GBPUSD M3, EURUSD M1, USDJPY M1. i have the free version, i love it. i would pay for the pro version, but i have not figured out what is better on the paid Pro version. can you pls let me know what is better on the pro version?

    Fabian S.
    24
    Fabian S. 2022.04.08 10:21 
     

    Super. Thanks a lot

    JavierMz
    227
    JavierMz 2022.03.23 19:03 
     

    Last version was a downgrade instead of an upgrade. It removed the settings #2 and #3, leaving only one RSI setting Could you pls restore the others two settings like the previous version?

    Roozy Berthole
    33
    Roozy Berthole 2022.03.14 15:53 
     

    so far so good my second day with it, today is monday, friday ill let you know if you can customize one for me.

    12
    리뷰 답변
    버전 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.
    버전 4.0 2024.02.20
    FIXED BUGS: News Filter can't work with grid trade when you select News Filter Use For = All Trade.
    버전 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.
    버전 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
    버전 3.7 2023.03.04
    ---> Internal coding update, no new function add.
    버전 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.
    버전 3.5 2022.11.08
    ADDED: NEW FEATURE
    ->>Add new strategy
    –>>Rearrange some input sections, and we change some input names.
    –>>Add Martingale (In Pro Version)
    –>>Add Partial Closing (In Pro Version)

    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.
    버전 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
    버전 3.0 2021.11.07
    --> Minor Update
    --> Improved coding
    버전 2.40 2021.06.02
    Product Update Info
    FIXED BUGS: EA sometime remove from chart for "Zero divided" error.
    버전 2.30 2021.02.27
    Product Update Info
    Minor Update
    REMOVED: INPUT – Total Equity Profit remove from this version. It created bugs on EA.
    버전 2.20 2020.07.22
    FIXED BUGS: Break event and Trailing problem.
    버전 2.10 2020.07.04
    -->Improved Coding
    -->Some News Functions Add
    버전 2.0 2020.01.05
    -->Multiple RSI add into Inputs so you can now make strategy from multiple RSI.
    버전 1.10 2019.10.26
    -->Bugs Fixed
    --->When Reverse Signal=true then OpenTradeAfterReset was not work properly we fixed in this version.