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CAP Prime Scalper EA

1

CAP Prime Scalper EA is a Forex scalping EA that uses a smart system to detect key breakout signals then cuts the profit of the move as much as possible while minimizing the loss. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. It also has option to stop trading before important news releases to avoid slippage and spread widening. Uses fixed stop loss and trailing stop of profitable trades in its operation. Is optimized using real ticks with 99.90% model quality.

This EA is very easy to setup, you just need to set few parameters and it will run automatically. It has the functions of the multi-currency trading. The Virtual Mode allows you to place orders and net profit levels without a broker.


Key Advantages

  • Fully automated trading 24/5.
  • No need in a large initial deposit.
  • No Martingale, 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. Default setting are already configured for EURUSD (M30, H1, H4) and GBPUSD (M30, H1, H4).
  2. A good broker with low slippage.
  3. Low spreads (recommended: EURUSD spreads below 5 points).
  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.


Working currency pair/timeframe: EURUSD H1, GBPUSD H1.


Input Parameters

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


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.‌


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In the volatile world of Forex trading , high-impact news events can lead to significant market movements and opportunities. News EA MT4 is a perfect Forex robot specifically designed to capitalize on these moments of market turbulence. Equipped with cutting-edge algorithms and real-time news integration, News EA MT4 offers traders the edge needed to navigate during major economic announcements. Directly linked to major financial news sources, ensuring immediate response to high-impact events. H
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CAP Ashmiza Trading EA MT5 , a cutting-edge trading robot meticulously developed over 16 years of algorithmic trading expertise. Designed for traders who truly care about their money, are committed to avoiding losses, and seek steady growth and robust trading logic, this expert advisor (EA) is your ultimate tool for achieving consistent success in the forex market. Why Choose CAP Ashmiza Trading EA MT5? Unmatched Experience : Developed by an algo trading expert with over 16 years of experienc
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 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
CAP Zone Recovery EA PRO
MEETALGO LLC
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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
CAP Strategy Builder EA
MEETALGO LLC
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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 develop 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 trade ma
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 develop 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 trade
CAP Breakout EA Pro
MEETALGO LLC
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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
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 strate
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 Channel Trading MT5
MEETALGO LLC
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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
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CAP Breakout EA MT5
MEETALGO LLC
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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
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MeetAlgo internal copy trade EA MT5 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 Channel Trading
MEETALGO LLC
3.87 (104)
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
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CAP Channel Trading EA
MEETALGO LLC
4.25 (4)
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 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 Breakout EA
MEETALGO LLC
4.39 (23)
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
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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 Moving Average EA MT5
MEETALGO LLC
4.23 (13)
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 Ichimoku EA MT5
MEETALGO LLC
4.08 (13)
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
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CAP News Trading
MEETALGO LLC
3.75 (8)
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 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 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
CAP Trade Pad EA MT5
MEETALGO LLC
4.45 (11)
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 Moving Average EA
MEETALGO LLC
4.51 (35)
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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The  CAP Equity Guard MT5  is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The  CAP Equity Guard EA MT5  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 y
CAP Gold Albatross EA MT5
MEETALGO LLC
2.67 (9)
MeetAlgo Gold Albatross EA MT4  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 advis
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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 Ichimoku EA
MEETALGO LLC
4.14 (14)
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
FREE
CAP Rebate Trading EA MT5  is an automatic trading robot, a high-frequency grid trading system. EA performs a great number of trades allowing it to make profit not only from Forex market but also from receiving rebates (returning part of a spread). Since the security margin for a locking position is about 25-50% (depending on the broker), CAP Rebate Trading EA works in two directions simultaneously in case the appropriate signals are present. [    Installation Guide  |  Update Guide  |  Submit Y
CAP Trade Pad EA
MEETALGO LLC
4.77 (13)
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
FREE
Filter:
Michael Despott
332
Michael Despott 2022.03.23 05:13 
 

User didn't leave any comment to the rating

tradingdiver
820
tradingdiver 2019.04.19 11:10 
 

unfortunately not profitable for me

Angelo Matarazzo
129
Angelo Matarazzo 2018.11.27 18:48 
 

User didn't leave any comment to the rating

Himanshu Manchanda
582
Himanshu Manchanda 2018.10.30 17:21 
 

bad EA.. lot of losses in live accounts. the functions dont work properly.

Thanakorn Poolsawat
205
Thanakorn Poolsawat 2018.10.24 10:25 
 

User didn't leave any comment to the rating

Guner Koca
3503
Guner Koca 2018.09.26 17:40 
 

User didn't leave any comment to the rating

rowsandeenatuladha
47
rowsandeenatuladha 2018.09.24 06:38 
 

User didn't leave any comment to the rating

avijitsing240
27
avijitsing240 2018.09.22 20:27 
 

User didn't leave any comment to the rating

-dimitror-
1117
-dimitror- 2018.09.21 13:36 
 

User didn't leave any comment to the rating

budd
373
budd 2018.07.01 23:43 
 

working on getting a review together, enabled on the three pairs with starting low risk and will see whats the story with this. I have 2.8ms to broker vps.. update in the coming days, weeks.

veno rip it looks like, but trades fewer times,

no good here, you are welcome to try it.

ideally the market place would provide a refund option to its customers, even steam (for pc games) added this option eventually because its a common decency.

Thien Fung Sian
128
Thien Fung Sian 2018.06.20 16:50 
 

User didn't leave any comment to the rating

Oliven Dalam
22
Oliven Dalam 2018.06.19 07:44 
 

User didn't leave any comment to the rating

fusu1326
15
fusu1326 2018.06.17 09:04 
 

User didn't leave any comment to the rating

Sagorkst
20
Sagorkst 2018.06.17 08:37 
 

User didn't leave any comment to the rating

dawapatu
70
dawapatu 2018.06.15 22:37 
 

User didn't leave any comment to the rating

Ning Liu
637
Ning Liu 2018.06.06 14:34 
 

This expert is RUBBISH!!!

This expert place stop order at previous high/low and waiting for the market to break these high/low. Using the mechanisem of spliting the order to secure the profit.

The historical data strategy test is totally meaningless!! As it assumes the spread does not change. However, the market does not work that way, there are ususally big amount of pending order around the previous high/low, when market price break those high/low, the pending order are triggered, and the because of the amount are usually much bigger than other price, the break through reasult in spread change, and this sudden change may last only a few tick, but enough to distroy the EA system, and result in loss. Afther this, the market did pass through the high/low, but you were kick out of the market!!

This EA is very badly designed! I run it for a few weeks, not even a single week results in profit.

Stiloyd
42
Stiloyd 2018.01.29 20:27 
 

User didn't leave any comment to the rating

Reply to review
Version 8.3 2024.06.14
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
Version 8.2 2024.04.02
UPDATED: Minor Update, Internal coding change, Build with new compiler.
Version 8.1 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 8.0 2023.01.28
Internal coding update
Build with a new terminal
No new update to external trading logic/input
Version 7.10 2021.03.14
Minor Update
Version 7.0 2019.12.28
-->Improved Trading Logic
Version 6.70 2019.12.08
-->Minor Internal coding change
Version 6.60 2019.01.02
--Improved trade logic.
Version 6.50 2018.12.01
--Improved coding
Version 6.0 2018.06.26
- Improved trading logic.
Version 5.50 2018.04.13
- Improved coding.
- Added auto news filter (news downloaded from the news website).
Version 5.0 2018.02.01
- EA stop to open trade, fixed this problem.
- Improved Coding.
- Some minor bugs fixed.
Version 4.10 2017.09.06
- Improvement Some Coding and trading logic.
- Minor bugs fixed.
Version 4.0 2017.08.30
Add New Function----
--> New Input 'Filter Trade'. Select trade filter by MA's trend.
--> Improved code logic and improved strategy.
Version 3.0 2017.07.31
--> Improved code and trading logic.

--> Added new inputs:
SplitProfitLots - profitable order division mode.
Start Split - points of profit to start dividing a profitable deal.
Split Lots Percentage - profit percentage for each profitable deal division.