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Cap RSI Trader EA

4.44

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, 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.


    Bundle Purchase?

    Save big with our exclusive offer! Get all our trading robots in a single bundle for just $39. For 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

    Comentarios 48
    mabaghban
    65
    mabaghban 2024.08.12 10:26 
     

    I have been using this expert for the last few months on my Cent account and now I love this Expert ,More profits (99%) and very less losses. It has no terrible risks and can be completely trusted. Please keep it free . For now, I did not use support and I have only used the defualt settings on Cent account. If I use the real account , I will come back and tell you the result.

    im6yafd
    133
    im6yafd 2024.07.01 13:48 
     

    any intelligent person knows that reviews are not a criterion for anything. the robots created by MEETALGO are among the best for me, I tested dozens of them for 2 years in backtesting and on dozens of demo accounts and real accounts ❗ Frankly those who don't know anything about it should keep quiet rather than to try to cause harm ❗ Mr. Ali is an extremely competent and honest person and sincerely you can go! it's one of the best robots in all of MQL5. The GRID works excellently, but you still have to be competent enough to choose the right pairs at the right time.

    arpiadi
    27
    arpiadi 2024.06.03 07:53 
     

    very good EA, saya bisa meng eksplor berbagai strategi di EA ini

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    Dolores Martin Munoz
    5 (1)
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    Profalgo Limited
    5 (3)
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    AW Trading Software Limited
    4.35 (82)
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    Ramil Minniakhmetov
    5 (15)
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    AW Trading Software Limited
    3.67 (3)
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    Filtro:
    mabaghban
    65
    mabaghban 2024.08.12 10:26 
     

    I have been using this expert for the last few months on my Cent account and now I love this Expert ,More profits (99%) and very less losses. It has no terrible risks and can be completely trusted. Please keep it free . For now, I did not use support and I have only used the defualt settings on Cent account. If I use the real account , I will come back and tell you the result.

    im6yafd
    133
    im6yafd 2024.07.01 13:48 
     

    any intelligent person knows that reviews are not a criterion for anything. the robots created by MEETALGO are among the best for me, I tested dozens of them for 2 years in backtesting and on dozens of demo accounts and real accounts ❗ Frankly those who don't know anything about it should keep quiet rather than to try to cause harm ❗ Mr. Ali is an extremely competent and honest person and sincerely you can go! it's one of the best robots in all of MQL5. The GRID works excellently, but you still have to be competent enough to choose the right pairs at the right time.

    arpiadi
    27
    arpiadi 2024.06.03 07:53 
     

    very good EA, saya bisa meng eksplor berbagai strategi di EA ini

    miko nata
    199
    miko nata 2024.06.01 13:33 
     

    Good system

    limtemmy
    62
    limtemmy 2024.05.31 02:28 
     

    good and profitable thanks bro.....

    Radoslav Todorov
    38
    Radoslav Todorov 2024.03.07 13:28 
     

    Good EA with a lot of options. Only ONE thing is missing and its really big showstopper - EA didnt calculate the swap and if you get wrong series of deals and wait longer time to get TP your profit will be 0 or in worst case negative. (It depends on broker tax and used pairs, some pairs have possitive taxes for long or short deals) Second not so important - if you run the EA on more than 1 pair - EA window show results of all pairs not ofr the selected one. Third not so important - no operational buttons for closing all opened deals on current pair. Overal with proper strategy you can have good profit - EA works!

    agrushev777
    2328
    agrushev777 2024.02.17 17:27 
     

    El usuario no ha dejado ningún comentario para su valoración

    Nguyen Trang
    18
    Nguyen Trang 2023.10.08 11:07 
     

    El usuario no ha dejado ningún comentario para su valoración

    Muh Sabir
    133
    Muh Sabir 2023.07.01 18:41 
     

    ya lumayan lah lagian juga gratis

    Lucas
    33
    Lucas 2023.04.20 20:47 
     

    Incroyable EA, sincèrement, que du positif tout le temps, un taff incroyable du développeur 🙌

    fxloot
    171
    fxloot 2023.04.01 17:58 
     

    Very Good..........eurusd and audcad 1min

    Chalermpol Sooksilp
    488
    Chalermpol Sooksilp 2023.03.18 18:01 
     

    good

    Minh Thai Nguyen
    153
    Minh Thai Nguyen 2023.03.10 02:53 
     

    What is the difference of pro version?

    Pasquale De
    18
    Pasquale De 2023.03.06 19:09 
     

    MI DA QUESTO ERRORE : Cap RSI Trader EA EURUSD,M1: Error Code- 4112 Broker not allow trading, contact with broker

    Keshav Vijay
    40
    Keshav Vijay 2023.03.04 08:35 
     

    during last upgrade, nothing was added or removed. They just renamed some parameters and re arranged some parameters. Now the old set files are not working with the new upgrade. Also some parameter name has changed but documentation is still year old and some important parameters provided in the documentation do not match with actual parameters in the EA. If you release a new upgrade, Please update its documentation too! https://meetalgo.com/docs/user-guide/rsi-trader-ea/

    Gafar Aliyev
    121
    Gafar Aliyev 2023.02.06 09:37 
     

    etot robort super. 1.50 M5 za 2 mesyaca zarabatıval 300 dollar....... depozit bıl 400 dollar. xoroıy robort. sovetuyu balans sdelat 1 paru 1000 dollar.

    rafaelhack
    151
    rafaelhack 2022.12.14 03:31 
     

    test

    mumeeza98
    218
    mumeeza98 2022.10.20 06:21 
     

    Fullfil all the requirements which any type of traders need.Excellent.

    John Winsome Munar
    3471
    John Winsome Munar 2022.06.14 05:37 
     

    El usuario no ha dejado ningún comentario para su valoración

    Sunilmaneir94
    14
    Sunilmaneir94 2022.04.22 17:02 
     

    this ea works good in demo account only at any frame, i have lost my 200usd in one day on my live account today..pls make it good

    123
    Respuesta al comentario
    Versión 4.9 2025.02.22
    MODIFY: Change entry logic Name, internal logic are same just change name, new name is below
    ==> Old Name - 'Cross' == New Name 'UP and DOWN'
    ==> Old Name - 'Comebacks Oversold/Overbought' == New Name 'UP and DOWN (Reverse)'
    ==> Cross at OS/OB Line (Remain unchanged)
    ==> Cross at OS/OB Line (Remain unchanged)

    FIXED BUGS: In EA RSI value works without points. For example in the old version when your RSI value is 30.36 EA will be considered as 30, In this version we fixed it.
    Versión 4.8 2025.02.15
    Changelog - Latest Updates
    Added MagicNumber (First 3 Digits) Filtering for Trade Stop Filter

    Now, EA can stop new initial trades across multiple charts if the first three digits of the MagicNumber match.
    Added Global Settings for Grid Trades

    DontTradeIfGridTradeExist: Prevents new grid trades from opening if an existing grid trade is already within the grid gap zone.
    ExtraPaddingForGridZone: Allows additional padding (in %) to be applied to the grid gap, preventing trades from being too closely spaced.

    Note - Change Only in Pro version.
    Versión 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.
    Versión 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.
    Versión 4.0 2024.02.20
    FIXED BUGS: News Filter can't work with grid trade when you select News Filter Use For = All Trade.
    Versión 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.
    Versión 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
    Versión 3.7 2023.03.04
    ---> Internal coding update, no new function add.
    Versión 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.
    Versión 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)
    Versión 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

    Versión 3.0 2021.11.07
    --> Minor Update
    --> Improved coding
    Versión 2.40 2021.06.02
    Product Update Info
    FIXED BUGS: EA sometime remove from chart for "Zero divided" error.
    Versión 2.30 2021.02.27
    Product Update Info
    Minor Update
    REMOVED: INPUT – Total Equity Profit remove from this version. It created bugs on EA.
    Versión 2.20 2020.07.22
    FIXED BUGS: Break event and Trailing problem.
    Versión 2.10 2020.07.04
    -->Improved Coding
    -->Some News Functions Add
    Versión 2.0 2020.01.05
    -->Multiple RSI add into Inputs so you can now make strategy from multiple RSI.
    Versión 1.10 2019.10.26
    -->Bugs Fixed
    --->When Reverse Signal=true then OpenTradeAfterReset was not work properly we fixed in this version.