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Name: The Gold Reaper
Version: v3.3 New Version
Developer by: Wim Schrynemakers
The Right Platform: Meta Trader 5 (MT5)
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The Gold Reaper EA MT5 is a powerful, automated trading system built on the proven success of Goldtrade Pro. Designed to operate across multiple timeframes simultaneously, it offers flexible trade frequency settings ranging from conservative to extremely volatile.
To ensure precise entry points and reduce trading risk, the EA integrates multiple confirmation algorithms and employs a variety of internal strategies, distributing risk effectively across trades. It utilizes robust risk management with stop loss, take profit, trailing stop loss, and trailing take profit mechanisms, optimizing each trade’s profit potential while minimizing losses.
Built around the time-tested strategy of trading breakouts from significant support and resistance levels, The Gold Reaper EA is particularly effective with Gold (XAU/USD), leveraging the pair’s inherent volatility to capitalize on breakout opportunities.
🔹 User-Friendly Setup: Simply install the EA on your chart, set your preferred maximum allowed drawdown, and let the system handle the rest. The EA automatically determines trade frequency and lot size for optimal performance.
🔹 Safe Trading Approach: The EA does not use grid, martingale, or other risky risk management strategies, ensuring safer trading conditions.
🔹 Proven Performance: Delivers consistent and positive results across the entire historical data of XAUUSD, demonstrating long-term reliability.
🔹 Ideal for Prop Firms: The easy-to-use setup and robust risk management make it a suitable choice for prop trading environments.
The Gold Reaper MT5 has demonstrated stable and efficient trading performance over 23 weeks. Starting with an initial deposit of $1,615.05, the system generated a net profit of $475.84, increasing the equity to $1,990.89, achieving a growth rate of 31%.
The system operates automatically with a 64.7% win rate and maintains a maximum drawdown of just 16.8%, showcasing strong risk management capabilities. The algorithm’s reliability reaches 100%, with trading activity at 19.2%, indicating a proactive strategy while maintaining safety.
With a leverage ratio of 1:500 and no use of risky strategies like Martingale or Grid, The Gold Reaper MT5 is a reliable choice for investors looking to optimize profits in the gold (XAU/USD) market.
The Gold Reaper MT5 has shown impressive results, achieving a gain of +169.59% and a monthly growth rate of 18.31% on a real RoboForex account. The system maintains a low maximum drawdown of 14.83%, reflecting strong risk management.
With a total profit of $443,193.36 and a balance of $1,577,788.34, the EA demonstrates consistent profitability and efficient trading in the gold (XAU/USD) market.
The Gold Reaper MT5 has achieved impressive profitability with a total net profit of $16,233,957.52 from 3,382 trades between 2020–2024. The EA maintained a high profit rate of 81.52% and controlled risk with a maximum drawdown of 31.58%. Its profit factor of 4.08 and recovery factor of 9.70 demonstrate strong performance and resilience, making it a reliable automated trading solution.
The Gold Reaper MT5 achieved notable profitability with a total net profit of $196,397.79 from 3,375 trades between 2020–2024. The EA maintained a high profit rate of 81.48% while keeping risk under control with a maximum drawdown of 12.43%. Its profit factor of 2.72 and recovery factor of 12.13 demonstrate stable and efficient performance, making it suitable for long-term automated trading.
The Gold Reaper MT5 achieved impressive profitability with a total net profit of $164,183.53 from 2,366 trades during the period 2020–2024. The EA maintained a high profit rate of 85.08%, reflecting its efficiency and accuracy in trade execution. Risk management was effective, with a maximum drawdown of 4.40%, aligning well with prop firm requirements.
With a profit factor of 2.28 and a recovery factor of 15.12, this trading system demonstrates consistent performance while minimizing risk. The setup is tailored for prop firms, allowing a maximum total drawdown of 9% and daily drawdown of 4%, making it a reliable option for professional trading.
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | Any |
Currency pairs | Gold (XAUUSD) |
Min / Recommended deposit | $300 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗
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