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CAP Equity Guard EA MT5

30 USD

Demo downloaded: 109

Published: 13 March 2018

Current version: 6.2

CAP Equity Guard EA MT5

Name: CAP Equity Guard EA MT5
Price: 30.00 USD
Rating: 1 (1 reviews)
Author: MEETALGO LLC

Utilities
MEETALGO LLC
Version: 6.2
Updated: 15 September 2023
Activations: 5

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 your existing EA.
Visual, mail and push alerts.
It can remove your external EA after target equity hit.

How to Use

Let us give you an example of how CAP Equity Guard works.

Attach EA to any blank Chart when you don't have any existing trade. For example, your equity is 1000 and you set EA's input 'Profit Type=In Currency' and 'Profit Value=5.0'. You start trading by manual or any other EA. When your current equity gain is 5 (mean total equity 1005), EA will close all trade and record new equity now 1005. Again your equity gain 5 from last recorded equity, EA trigger and close all trade. EA use global variable to record previous equity, so if your MT4 close or your VPS restart, EA will restore recorded equity from global variable. You can change/modify recorded equity from dashboard record equity input box.

Input Parameters

EA CONFIGURATIONS

Stop EA: if true, EA will stop
Profit Type: Select Profit Type

In Currency: Profit in currency.
In Percent: Profit in percentage base on account equity.

Profit Value: Set your profit value. When your Profit Type=In Currency this value is considered as currency, otherwise considered as percentage value.
Loss Type: Select Loss Type

In Currency: Loss in currency.
In Percent: Loss in percentage base on account equity.

Loss Value: Set your loss value.

DO THE FOLLOWING ON TRIGGER

Close all Open Trades: if TRUE, EA will close all active trade.
Delete all Pending Orders: if TRUE, EA will delete all pending orders.
Disable External Other EA: if TRUE, EA will remove your external EA after target profit/loss hit. But to do that you have to configure other settings properly. More Details.
EA Stop After Trigger: Select type, how long EA stop after trigger.

None: EA will not stop. It runs again after trigger.
Stop EA For X-Minute: EA will stop for X-Minute then runs again.
Stop EA For This Day: EA will stop for whole day. Next day EA run again.
Stop EA For Until Reset EA: EA will stop until you remove EA and attach again.

X_Minute: Put how long EA will stop after trigger. Value are minutes.
External_Chart_ID: Put External Chart ID (multiple values separated by commas).
Template_Remove_Name: Remove EA's template name (multiple values separated by commas).
Restore External EA After Trigger: if TRUE, EA will restore your external EA after Equity EA is working again.
Template_Restore_Name: Restore EA's template name (multiple value separated by commas).

NOTIFICATION

Enable Pop-Up Alerts: Enable text alert.
Enable Sound Alerts: Enable sound alert.
Send Email Alert: Enable email alert.
Send Mobile Notifications: Enable mobile notifications.

BASIC CONFIGURATIONS

Slippage: Set your trading slippage.

Keep In Mind (TWO IMPORTANT RULES)

1. Attach EA when you have no exiting orders.

2. EA work with equity gain or loss. If you deposit/withdraw money when your trade is open and Equity guard EA working, then EA will consider as equity gain/loss and trigger. Example: you set equity profit 5 and your record equity was 1000 so EA's target equity is 1005. Now you have five open trade and floating loss is -50. At this time you deposit new fund 100 and your current equity is (Previous Equity (1000)+Floating Profit/Loss (-50)+New Fund (100)=1050). In this scenario your new equity is bigger than your target equity. So EA will close all trade. But originally you have loss of 50. To avoid this type of situation, my recommendation is don't deposit or withdraw money when you have trade. If there is no trade you can deposit or withdraw money, there is no problem. In case you need deposit or withdraw money follow below:

Stop EA by input setting.
Deposit/Withdraw Fund.
Modify your record equity input value.
Run EA by click EA status button again.

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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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

30 USD

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 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

30 USD

CAP 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 | 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 product has same functio

30 USD

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

40 USD

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 your

30 USD

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

99 USD

FREE

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

30 USD

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-

FREE

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

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 ] Before buy Pro version? You can buy alternation pro version, our powerfull EA, CAP Strategy Builder EA . This is strategy builder EA. It product h

30 USD

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

FREE

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 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 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 backtest

45 USD

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

30 USD

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

30 USD

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

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

FREE

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 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

69 USD

CAP Stochastic EA MT4 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

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Reply from developer Mohammad Ali 2022.02.16 13:11 #

CAP Equity only work for one EA in a account. Don't run multiple EA on multiple chart

204

Van The Nguyen 2021.04.29 04:24 #

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Ricardo Dacosta 2020.05.26 09:59 #

Please be aware that this Equity Guard EA is limited to disabling 12 open charts only. According to developer the max number of input characters on MQL5 limits the total number of open charts to disabled/enable to only 12. Such issue is not mentioned in the description. Not worth the purchase with such limitation

Version 6.2 2023.09.15

FIXED BUGS: POP-Up alert not working, when equity trigger.

Version 6.1 2023.08.05

FIXED BUGS: Can't set new equity into Record Equity text box

Version 6.0 2023.01.01

Complied with new build

Version 5.10 2021.02.23

Product Update Info
ADDED: NEW INPUT – Add more Disable External inputs so you can disable more EA. previously terminal has input max limitation so user can't put chart id more then 20 chart. We add more three same Disable External inputs so you can add more chart id

Version 5.0 2020.07.04

-->Minor Update

Version 4.20 2019.11.12

-->New Input add
---> Equity Reset Type - Currently equity will reset when you have no open order. But in this version new input come you can have option how equity will be reset. there two option
1. When No Order- when you have no order equity will be reset.
2. When Trigger Hit- equity will be not reset until equity trigger will be hit (any profit or loss hit)

Version 4.0 2019.02.25

-->Minor improvements internal coding.
-->Nothing change product logic.