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CAP Universal Grid EA MT5

5

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 up and supervise.
  • Function and inputs - the EA comes with a lot of functions and inputs, so you can easily optimize your trading strategy.
  • The EA can manage manual trade - the EA can place a grid for your manual trades or you can set the EA to manage trades opened by another EA.
  • Built-in automatic trading strategy - the EA can manage your manual trades but you can also set it to fully automatic mode. The EA comes with more than 16+ automatic trading strategies for opening the initial trade.
  • Buy and Sell Grid - The EA can manage buy and sell grids simultaneously.
  • Customization capabilities for future. A unique customization code will be assigned that will perform the relevant customization functions once the code is entered. Options will be controlled by an external file.
  • No pending orders are placed - only market orders.
  • It works for Forex, CFDs and futures


Grid trading is a powerful tool, but...

  • It can appear complex and illogical initially.
  • Like most powerful tools, it is also dangerous.
  • Poorly managed grids can cause big drawdowns.
  • It requires more patience than regular trading.
  • It may require traders to make a paradigm shift.


What is grid trading?

Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades. A grid is nothing more than a single deal or position segmented into several trades, which are cashed-out independently from each other at regular intervals.


Input Parameters

For a full description of each input parameter, please 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.‌

Reviews 13
Joey Keawkanta
63
Joey Keawkanta 2023.06.19 08:57 
 

I really like this EA. Great EA.

Rong Hong Zhang
270
Rong Hong Zhang 2022.08.16 17:15 
 

請問在weltrade.com 的真實帳號裡,卻是無法自動交易。可以幫我試看看嗎?

Jae Kumar Rajendran
250
Jae Kumar Rajendran 2022.06.04 08:57 
 

Its a Bazooka for a trained soldier .

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LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading stra
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Filter:
Joey Keawkanta
63
Joey Keawkanta 2023.06.19 08:57 
 

I really like this EA. Great EA.

Rong Hong Zhang
270
Rong Hong Zhang 2022.08.16 17:15 
 

請問在weltrade.com 的真實帳號裡,卻是無法自動交易。可以幫我試看看嗎?

Jae Kumar Rajendran
250
Jae Kumar Rajendran 2022.06.04 08:57 
 

Its a Bazooka for a trained soldier .

kalaf19751
19
kalaf19751 2022.05.25 14:47 
 

User didn't leave any comment to the rating

rtiwari6018
561
rtiwari6018 2022.03.16 09:30 
 

Hi, I am using your developed CAP Univ Grid EA; it stopped working since I upgraded to the new Version 6.6 for MT5.it not taking any trades; I have tried to change various parameters. I also used your user guide on the mql5 website but still no luck. Can you please guide me through setting files for it?

Wilson Caltran
28
Wilson Caltran 2021.08.23 01:00 
 

Hello, he doesn't buy some assets or anything, and when he makes a profit, it's too far away, how to configure this? thanks

Abdulncuna1 Cuna
91
Abdulncuna1 Cuna 2021.05.11 13:15 
 

User didn't leave any comment to the rating

couplette
50
couplette 2020.12.22 16:07 
 

For the moment everything is well. Excellent EA

Boss21
26
Boss21 2020.09.10 17:32 
 

User didn't leave any comment to the rating

Salomette
121
Salomette 2020.08.14 02:57 
 

Hi, I really like this EA, but I'm having a hard time understanding the inputs. Do you have the initial default parameters you could send please?

brunoshiva
219
brunoshiva 2019.11.07 17:33 
 

Très bien !

MARTIN AFAMEFUNA HILARY OBIANODO
908
MARTIN AFAMEFUNA HILARY OBIANODO 2019.08.20 13:13 
 

Great EA.. One of the best grid system I have seen

ozzy1000
42
ozzy1000 2019.02.06 15:33 
 

User didn't leave any comment to the rating

Reply to review
Version 7.3 2024.05.25
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

Keep IN MIND - If you select any news URL, you have to add the URL into Allow 'WebRequest for listed URL'
Version 7.2 2024.04.04
UPDATED: Minor Update, Internal coding change, Build with new compiler.
Version 7.1 2024.01.10
ADDED: NEW INPUT –
---> Check Market Close- Set it true if your EA is stuck in backtest for the "open trade when market closed" message. This only happened to some brokers and in backtest only. You don't need set true for live trading.
Version 7.0 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 6.9 2022.07.15
ADDED: NEW FEATURE – Add "Currency in Profit (Bothside) and Currency in Loss (Bothside)
Version 6.8 2022.06.18
FIXED BUGS: GlobalMaxTrade not working
Version 6.7 2022.03.26
UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
Version 6.6 2022.03.13
FIXED BUGS: In profit grid Grid Limit and Grid Anchor not working
Version 6.5 2022.02.25
UPDATED – Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: News filters
Version 6.3 2021.12.13
FIXED BUGS: When your Grid TP Type = In Points (Fix Distance from Initial Trade), SELL tp close with buy trade.
Version 6.2 2021.08.10
FIXED BUGS: Profit grid lots size can't calculation properly
Version 6.1 2021.07.23
ADDED: NEW FEATURE – New [Grid GAP Type] Add
---> Distance By ATR - Now you get Grid GAP By ATR value

Details information you will get updated description
Version 6.0 2021.07.13
Product Update Info
ADDED: NEW INPUTS ADD


---> Fine new sections -
------> (12) INITIAL TRADE STOP FILTER
------> (13) TRADE CLOSE FILTER
Version 5.30 2021.05.19
Product Update Info
FIXED BUGS: Custom lots do not work with the profit grid
Version 5.20 2021.05.10
Product Update Info
ADDED: NEW FEATURE – Add message confirmation for all close trade on button click.
ADDED: NEW INPUT – Initial Lot Type, 1. Fix Lots 2. Lots Base On XBalance
Version 5.10 2021.03.28
Product Update Info
FIXED BUGS: TakeProfit can't set more then 10k points
ADDED: NEW FEATURE – Grid trade in Profit add this version. Previous version only have grid trade when your initial trade go into loss. But in new version you can active Grid when trade in profit side also

Keep in Mind- Previous version setting file may be not work in new version. So manually set your setting then save setting file again.
Version 5.0 2020.07.03
Add New Inputs

-->Section (01)
--->Initial Trade Direction - Add four new initial trade Type (Buy Stop,Sell Stop,Buy Limit,Sell Limit)
--->Pending Order Price Type
--->Pending Order Price Value

-->Section (02)
--->Grid GAP Type - You can now select your Grid gap type. 1. Fix Distance (Grid) - Ea will open grid trade with fixed distance 2. Custom Distance (Grid) - You can set different grid gap for your every gird trades individually saparate by ";"


-->Auto Trading Strategy
---> New Auto trading add ADX
---> Improved Heiken Ashi auto trading
---> Improved Ichimoku auto trading. (Old strategy not work like ichimoku so improved this strategy)

Bugs Fixed

-->Fixed News filter not work properly

NOTE - Details information you will find upto date into product discription
Version 4.20 2019.09.24
-->Minor Update.
-->Improved Coding.
Version 4.10 2019.09.03
-->Minor bugs fixed.
Version 4.0 2019.08.04
-->Major update come with this version
-->Some new input add and some input are deleted

Add
-->New 5 type of TakeProfit and StopLoss add
-->Max Profit/Loss add.

Remove
-->'Profit In Currency' Input removed
-->'Profit In Currency, After Number Of Order' Input removed

VERY VERY IMPORTANT
-->Before update this version, Please read new description again then update your product.
-->Test and check new version before update.
-->Don't update your product if you have existing trade. New may be not work with old version existing trade.
-->Old version set file will not work with new version, because some input name changed, So create new set file.
Version 3.10 2019.04.30
--> Grid GAP not work properly, fixed this version.
Version 3.0 2019.04.09
-->Major change come into this version. Before update please check input again. Some function deleted and some new function add.

-->Please read new description.

Keep In Mind - Don't update this product if you have existing trade.
Version 2.10 2018.12.12
--Fixed Reverse Signals (For Auto Trading)