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CAP Asian Scalper EA MT5

99 USD

Demo downloaded: 757

Published: 2 April 2018

Current version: 8.2

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CAP Asian Scalper EA MT5

1

Experts
MEETALGO LLC
Version: 8.2
Updated: 2 April 2024
Activations: 10

MeetAlgo Asian Scalper is an Expert Advisor that uses range breakouts strategy to enter trades when the market is the most quiet. It will scalp the market for small price deviations. This EA will need a good broker with small spread to work successfully. It is fully optimized for AUDCAD, EURAUD, GBPAUD, GBPCAD, GBPCHF and GBPUSD. The trades are based on several indicators and it's not a tick scalper EA. It need 1:300 leverage minimum, and a low spread broker. It is recommended to use a low spread broker and a VPS. You can start using it with $100 only.

Key Advantages

No Martingale.
Always uses Stop Loss to protect capital.
User friendly.
Optimizable for all currency pairs (low spread is advised).
No hedging.
Works on all brokers.

Trading Requirements

A good broker.
A good Internet connection.
A lot of stamina.
1:300 leverage minimum.

Backtesting

The Expert Advisor uses tick data. Please backtest EURUSD M15 in "every tick" mode and play to find the best parameters.

MeetAlgo Asian Scalper is developed for M15 charts, but it can be optimized for any currency pair or timeframe. Try the demo now!

Input Parameters

EA CONFIGURATIONS

ActiveStrategy: Select your strategy.
DailyMaxTrade: Maximum trade in daily. 0-mean disable.
MaximumSpreads: Maximum spreads for an open trade. If the current spread is higher than what you receive in a setting, then the robot will not trade. Please note that the spread is in pips.
Slippage: Allowed slippage when opening a deal (in pips).
ManualGMTOffset - if AutoGMT off or in backtest, EA fellow ManualGMTOffset for time zone.
MondayTrade - FridayTrade - Enable trading day of week by true/false.

KEEP IN MIND: This EA build for Asian market only, so this is very important to put correct broker time zone into 'ManualGMTOffset'.

STRATEGY_1 SETTING

MagicNumber: Magic number for strategy_1.
Strategy1_TP: Max initial Takeprofit.
Strategy1_SL: Max initial Stoploss.
Strategy1CloseTradeByTime: EA close trade by Time.
Strategy1StartTime: Trade start time for Strategy_1.
Strategy1EndTime: Trade end time for Strategy_1.
Max Hour to Trade From StartTime - Max hour to trade from StartTime.

STRATEGY_2 SETTING

MagicNumber: Magic number for strategy_2.
Strategy1_TP: Max initial Takeprofit.
Strategy1_SL: Max initial Stoploss.
Strategy1CloseTradeByTime: EA close trade by Time.
Strategy1StartTime: Trade start time for Strategy_2.
Strategy1EndTime: Trade end time for Strategy_2.
Max Hour to Trade From StartTime - Max hour to trade from StartTime.

LOTS MANAGEMENT

LotsType - Select any of lots management type.
RiskPercent - Lot is chosen automatically based on percentage of the loss.
FixedLots - Fixed Lots.
XBalance - Lot will increase based on XBalance amount. Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
LotsizePerXBalance - Lot size of XBalance.

CLOSE TRADE BY TIME

CloseTime1 - CloseTime6: Value in Minutes. After select time expire from open trade time, EA fellow TakeProfit as 'CloseTime1_TP'
CloseTime1_TP - CloseTime6_TP: Takeprofit in Pips.

Example: Your CloseTime1=60 and CloseTime1_TP=3 (pips). So if your open trade to close by your initial takeprofit after 60 minutes EA with fellow new takeprofit level as CloseTime1_TP=3. EA has 6 different time and takeprofit level.

NEWS FILTER

News Filter: To enable News Stop Trading (not work on tester!).
Current Currencies to display the news: if True, EA only filter current chart symbol.
Select Currency to display the news: if Current Currencies= false.
LowNews, MidleNews, HighNews: Filter news importance level.
ShowNewsLine - Show news time on chart.

Official Channel

To get product news, setting file, free indicator, please subscribe on our Official Channel.

Author

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

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HFT PropFirm EA MT5 is also known as Green Man due to its distinctive logo by Dilwyn Tng, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. Free Swing Signal Group and Gold Scalping Signal after you have passed a challenge. MT4 Version: https://www.mql5.com/en/market/product/104871 Passing HFT MT5 Challenge Performance Monitor (not for live account): Broke

Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced Neural Networks and cutting-edge classic trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pairs such as EURUSD and XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques

Welcome to Gold Trend Scalping LAUNCH PROMO: 1-day sale price $263.99. After 24 hours, the price will return to $333.99. (Ended) Next price: $393.99 Final price: $1993.99 BUY Gold Trend Scalping, receive 2 free accounts using Dow Jones Algo for trading US30 (bonus from November 4 to November 11). LIVE SIGNAL Details about params Gold Trend Scalping is the first EA I designed specifically for gold. The EA uses a following trend trading strategy based on larger time frames. It employs a

FEW COPIES AVAILABLE FOR 417$.NEXT PRICE WILL BE 999$ SIGNAL PAGE - https://www.mql5.com/en/signals/2241170?source=Site+Signals+My USE RAW,ECN,OR ZERO ACCOUNT FOR BETTER TRADING EXPERIANCE Golden Burger EA: Advanced Trading for XAUUSD Overview: The Golden Burger EA is a sophisticated trading robot designed to trade Gold (XAUUSD) on a 30-minute chart. Engineered with precision and tested extensively, this EA is optimized for high-performance trading on various account types, including Raw, ECN,

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

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

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 | How to Get All Robot Free ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid tradin

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

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 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 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 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 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 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 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. Live Signal #1 Live Signal #2 Why Choose CAP Ashmiza Trading EA MT5? Unmatched Experience : Developed by an algo trading expe

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

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 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

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 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

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 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 | How to Get All Robot Free ] Functions Easy to use and customizable RSI setting. Customizable indicator settings Built-in money management Grid trading when trad

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 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

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 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

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

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 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

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 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

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

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

FREE

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

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Version 8.2 2024.04.02

UPDATED: Minor Update, Internal coding change.

Version 8.1 2022.02.27

--Internal coding change, complied with new build

Version 7.10 2020.02.11

-->Improved trading logic

Version 7.0 2019.02.24

-->Improved Logic and Coding.

Version 5.20 2018.06.26

-- Important Update
--- Bugs found in the old version which caused the EA to stop trading. Fixed this problem.

Version 5.0 2018.04.17

- Changed Time zone input
- Removed Strategy1EndTime input. Added Max Hour to Trade From StartTime. Just set how many hour you want to trade from Start Time
- Same as Strategy2EndTime

- Added the new input ShowNewsLine, so that news time is displayed on a chart