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CAP Channel Trading EA MT5

3

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 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.


Functions

  • Easy to use and customizable Stochastic 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
  • Initial trade stop filter- you can set a daily time zone so EA will close all trades in that time.
  • Trade close filter by Daily time
  • Implements a martingale features 
  • Partial Closing
    Know more details about PRO version


Setting File
Download Setting file Click Here

Input Parameters
For a complete description of the input parameters of the EA, kindly read the   user guide.


Bundle Purchase?
Time to save, We offer to buy more then 9+ Pro EA into to one purchase with only $99, 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.


Support
I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


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 4
    David John Thompson
    315
    David John Thompson 2020.06.22 11:03 
     

    Does just what I expected - took trades at the extremes and took profits on the reverse. As usual with martigale multipliers, make sure you trade with small initial lots, and you have a sensible capital base.

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    Filtro:
    Cristian Mantovani
    2922
    Cristian Mantovani 2024.05.21 09:32 
     

    The news filter has not been working for 2 weeks and the seller is not doing anything to fix the problem.

    SWIFTYRENTALS (Pty) Ltd
    1090
    Kwanele Cuba 2024.05.14 13:47 
     

    Hi Guys , Is there a Telegram group for the product users ?

    Volnei Girardi
    94
    Volnei Girardi 2021.04.29 12:46 
     

    Hello good morning, I'm having problems with the EA, I bought it, however, when I'm going to test in the standard strategy, or any of the 5 strategies he has, he is only opening 4 orders and each order of 0.01 is not doing martingale as shown in standard strategy, I already uninstalled the MT5, installed it again and still won't, can anybody help me to activate the option to do martingale?

    David John Thompson
    315
    David John Thompson 2020.06.22 11:03 
     

    Does just what I expected - took trades at the extremes and took profits on the reverse. As usual with martigale multipliers, make sure you trade with small initial lots, and you have a sensible capital base.

    Respuesta al comentario
    Versión 6.3 2024.05.24
    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'
    Versión 6.2 2024.04.04
    UPDATED: Minor Update, Internal coding change, Build with new compiler.
    Versión 6.1 2023.04.01
    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 6.0 2023.01.06
    ADDED: NEW FEATURE
    –>>Rearrange some input sections, and we change some input names.
    –>>Add Martingale
    –>>Add Partial Closing
    Versión 5.1 2022.09.02
    FIXED BUGS: In the MT4 version, When Additional Channel For Filter=On there is no trade open
    Versión 5.0 2022.03.14
    UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
    FIXED BUGS: News filters
    Versión 4.10 2021.04.19
    Product Update Info
    FIXED BUGS: Pro version functions are missing to add the MT5 version.
    Versión 4.0 2021.03.18
    Product Update Info
    Major Update
    FIXED BUGS: Some bugs fixed

    KEEP IN MIND:
    ---> Major update in this version. Our pro function are add into this version. Before update your product. Please test this product again.
    ---> Your old setting file may be not work with new version. So manually set setting and save that setting file again.
    Versión 3.0 2021.01.19
    Product Update Info
    MINOR CODING UPDATE
    Versión 2.10 2020.07.19
    BUGS FIXED : Custom grid not work.
    Versión 2.0 2020.07.16
    --->New Strategy Add
    Channel Type = Strategy 5

    How Strategy 5 Work

    SellSignal = When current price are above upper line (Current Price > Upper Line)
    BuySignal = When current price are below lower line (Current Price < Lower Line)