MeetAlgo.com
Select category
  • Select category
  • Services
    • cAlgo (cTrader)
    • MQL (MT4/MT5)
    • PineScript (TradingView)
    • Script (NinjaTrader)
  • Trading Software
    • Indicators
      • cTrader
      • MetaTrader 4
      • MetaTrader 5
    • Robot
      • MetaTrader 4
      • MetaTrader 5
Login / Register
0 Wishlist
0 items / $0
Menu
MeetAlgo.com
0 items / $0
  • Home
  • Product
  • Services
  • Channels
    • Telegram Channel
    • Youtube Channel
  • Docs
  • Tools
  • Contact Us
Home Product Trading Software Robot Gold Albatross EA
$0
Clear
Login to Download Demo

Share:

Includes Info

  • How to Purchase
  • How is Licensing Performed


MeetAlgo Support Us

Please support us with a quick review.
 


Activations:
30
Current version:
4.6.1
Published:
06/18/2021
Updated:
09/02/2022

Gold Albatross EA v.4.6.1

MetaTrader 4, Robot, Trading Software

$0

  • ✎ Overview
  • ? Changelog

The MeetAlgo Gold Albatross EA 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 advised. In order to be profitable with this EA, you need the following:

  1. A good broker with low slippage.
  2. Low spreads (recommended: EURUSD spreads below 5 points).
  3. Default Setting are optimize for EURUSD 1 Minute Timeframe
  4. Low stops level (recommended: stop level 0 points).
  5. Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
  6. Small spread significantly increases the EA’s efficiency.
  7. Use only five-digit accounts.

 

Recommendations

For correct robot operation, it is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS chosen based on the closest location to the broker to achieve the lowest possible ping, which provides better conditions for the robot to place orders.

Testing

It is important backtest CAP Gold Albatross EA with the simulation coefficient of not less than 99%. Some brokers have a significant delay in triggering of stops and orders, which is critical to any trading.

Input Parameters

Lots Management

    • LotsType – Select any of lots management type.
    • EquityPercent – Lot is chosen automatically based on percentage of the equity.
    • FixedLots – Fixed Lots.
    • UseMarginPercent – Lot is chosen automatically based on percentage of the full margin value. For example, if you set 100% then EA open lots size based on 100% of free margin.
    • XBalance – Lot will increase based on XBalance amount.  Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
    • LotsizePerXBalance – Lot size of XBalance.

EA Configurations

    • UseIndicator– Choose indicator type to filter signal.
    • Filter Trade– Choose additional trade filter.
    • TakeProfit – Take Profit (in points).
    • StopLoss – Initial Stop Loss (in points).
    • TradeSignal– The trade signal represents the directional volatility needed to trade. Increase value for better performance and less trade.
    • Limit– Distance to reverse in points.
    • SmartStopLevel – if True, StopLoss will move every tick with profit.
    • MaxDurationToCloseOrder – Value in Minute for expire active orders.
    • IndicatorPeriod – Indicator Period (MA or Band).
    • ReverseSignal – if True, All signal will be reverse.
    • TradeOnlyNewCandle– if True, One trade will be open only one candle.

Break Even Setting

    • Active Break Even – True/False.

Trailing Stop Setting

    • Active Trailing – True/False.

Time Configurations

    • Configure your trading time.

Basic Configurations

    • MaximumSpread – Maximum spreads limit.
    • MaximumStopLevel – Maximum stop level.
    • CloseOrderOnSpread – Delete pending order if Spreads reach Max Spreads.
    • ECNBroker– If true, EA place order first then set StopLoss (Broker which not allow place order with StopLoss).
    • Slippage – Maximum slippage value.
    • Magic – Magic Number.
Version 4.6 2022.09.02
ADDED: NEW FEATURE – Add Sunday and Saturday into Trading Time configurations

Screenshots

Averaging EA EA for Metatrader
Add to wishlist
SKU: N/A Categories: MetaTrader 4, Robot, Trading Software Tag: freescalperea
Share:

Related products

Trade Pad EA

Trading Software, Robot, MetaTrader 4, MetaTrader 5
$0

Market Profile Indicator

Trading Software, Indicators, MetaTrader 4, MetaTrader 5
$0

Schaff Trend Cycle Indicator

Trading Software, Indicators, MetaTrader 4, MetaTrader 5, cTrader
$0
-67%Hot

Bundle Product EA

Trading Software, Robot, MetaTrader 4, MetaTrader 5
$299 $99

We are a Financial Technology company based in the US offering cutting edge trading software, software development service and free online education.

trustpilot-logo-trustpilot-logo-png
Trustpilot
Customer
  • Dashboard
  • Orders
  • Downloads
  • Account details
  • Wishlist
  • Refund Policy
PRODUCT
  • Our Product
  • Our Services
  • Documentation
  • Faq
  • Blog
COMPANY
  • About Us
  • Contact Us
  • Our Affiliate Program
  • Our Vendor Program

MEETALGO LLC 2021, All rights reserved.

  • Privacy Policy
  • Risk Disclosure
  • Terms & Conditions
  • Cookie Policy
  • Menu
  • Categories
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • jForex
  • Best Free Robot
  • Home
  • Product
  • Services
  • Channels
    • Telegram Channel
    • Youtube Channel
  • Docs
  • Tools
  • Contact Us
Shopping cart
close

Sign in

close

Lost your password?

No account yet?

Create an Account
We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies.
Accept
Shop
0 Wishlist
0 items Cart
My account