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Cap RSI Trader EA MT5

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Published: 26 September 2019

Current version: 4.7

Cap RSI Trader EA MT5

Name: Cap RSI Trader EA MT5
Rating: 4.285714 (28 reviews)
Author: MEETALGO LLC

4.29

Experts
MEETALGO LLC
Version: 4.7
Updated: 20 November 2024

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.

Become a Member?
One time purchse get all of EA Free, more details click here.

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

more...

137

Pak Kan Cheung 2024.01.19 15:35 #

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

Mohamad Sangsefidi 2023.12.25 11:30 #

WONDERFUL I SET ON GOLD WAS AMAZING

221

Abdelsalam Gebrel Abdelsalam Ahmed 2023.07.31 15:27 #

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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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 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

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

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 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

40 USD

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

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

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

30 USD

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 your

30 USD

40 USD

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 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

30 USD

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

69 USD

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

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

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

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 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

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

30 USD

Filter:

[Deleted] 2024.05.19 04:24 #

User didn't leave any comment to the rating

136

Wai Keung Wu 2024.05.18 12:40 #

Hi developer , the EA is good, but there is something setting that i don't know what is that, like trend filter, i find nothing in your official website tell about that, can you explain what's that and how to use it, thanks a lok

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 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,

137

Pak Kan Cheung 2024.01.19 15:35 #

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

Mohamad Sangsefidi 2023.12.25 11:30 #

WONDERFUL I SET ON GOLD WAS AMAZING

Juanjo Camejo 2023.12.11 16:34 #

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

221

Abdelsalam Gebrel Abdelsalam Ahmed 2023.07.31 15:27 #

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

481

Chalermpol Sooksilp 2023.03.17 14:48 #

Good

LEAHI 2022.12.22 23:14 #

I like it alot!

207

Lalit Kumar 2022.12.15 12:06 #

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

13063

Cristian Mihail Pauna 2022.09.27 07:18 #

User didn't leave any comment to the rating

196

KATTY2010 2022.07.10 23:10 #

buena

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 2022.06.22 08:56 #

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

531

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 2022.05.11 04:53 #

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

354

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. 2022.04.08 10:21 #

Super. Thanks a lot

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Version 4.7 2024.11.20

FIXED BUGS: Trend Filter is removed previous version, we added this function, with some customize
ADDED: NEW FEATURE: In the Pro version 'Max Running Initial Trade (All Pair)' comes with more customizable, So you can stop opening new trade with some customized logic.

Version 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.

Version 4.0 2024.02.20

FIXED BUGS: News Filter can't work with grid trade when you select News Filter Use For = All Trade.

Version 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.

Version 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

Version 3.7 2023.03.04

---> Internal coding update, no new function add.

Version 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.

Version 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.

Version 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

Version 3.0 2021.11.07

--> Minor Update
--> Improved coding

Version 2.40 2021.06.02

Product Update Info
FIXED BUGS: EA sometime remove from chart for "Zero divided" error.

Version 2.30 2021.02.27

Product Update Info
Minor Update
REMOVED: INPUT – Total Equity Profit remove from this version. It created bugs on EA.

Version 2.20 2020.07.22

FIXED BUGS: Break event and Trailing problem.

Version 2.10 2020.07.04

-->Improved Coding
-->Some News Functions Add

Version 2.0 2020.01.05

-->Multiple RSI add into Inputs so you can now make strategy from multiple RSI.

Version 1.10 2019.10.26

-->Bugs Fixed
--->When Reverse Signal=true then OpenTradeAfterReset was not work properly we fixed in this version.