PLATINUM GOLD REAPER EA MT4 add SetFiles – Original Version(1441+)

Introducing the Expert PLATINUM GOLD REAPER EA MT4

Name: PLATINUM GOLD REAPER EA
Version: New Version
The Right Platform: Meta Trader 4 (MT4)
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What is PLATINUM GOLD REAPER EA MT4?

PLATINUM GOLD REAPER EA MT4 is a fully automated trading system for MetaTrader 4 (MT4), strategically built on grid and martingale logic within defined trading hours. Tailored for traders who prefer high-risk, high-reward strategies, this Expert Advisor (EA) excels in ranging markets like XAUUSD (Gold), provided it is backed by sufficient capital for effective drawdown recovery.

Core Strategy & Money Management

• Automated Grid-Marti Strategy:
  Leverages a hybrid grid and martingale approach, dynamically increasing lot size after each losing trade to accelerate recovery. Each level in the sequence multiplies risk/reward for compounding impact.
• Customizable Recovery Sequence:
  Supports up to 20 levels in the recovery chain—giving users full control over the maximum number of open trades, total risk exposure, and drawdown potential.
• Flexible Lot Management:
  Offers two modes:
  • Dynamic Mode – Automatically scales lot sizes based on the DbLots multiplier.
  • Fixed Mode – Uses a static lot size for consistent entry sizing across all trades.
• Time-Controlled Execution:
  Trading hours are fully adjustable. While the default range is 00:00 to 23:00 (server time), users can define specific sessions to avoid volatile periods or optimize performance.
• Fixed Take Profit Target:
  Each trade is assigned a Take Profit of 100 points (10 pips), focusing on steady, incremental gains through frequent trades.
• Defined Grid Spacing:
  Implements fixed spacing of 200 points (20 pips) between grid levels, maintaining strategic trade layering in volatile or ranging market conditions.

 Additional Features

• Lot Size Precision Control:
  Includes a decimal precision setting to support brokers offering micro or fractional lots, ensuring accurate and compatible trade sizing.
• Unique Magic Number:
  Each trade carries a unique identifier, allowing users to isolate this EA’s positions from other EAs or manual trades running on the same account.
• Visual Trade Mapping:
  Integrates chart-level indicators to visually display important trade zones—such as entry levels, grid lines, take-profit targets, and alert markers.
• No Traditional Stop Loss:
  By design, the strategy does not rely on SL (Stop Loss). Instead, it manages risk through grid-based recovery, aiming to close trades in profit without prematurely cutting losses.

Performance of PLATINUM GOLD REAPER EA MT4

PLATINUM GOLD REAPER EA is a fully automated Expert Advisor for MetaTrader 4 (MT4), built specifically for trading XAUUSD (Gold vs USD). It utilizes a recovery-based strategy that combines grid trading and martingale logic, optimized for ranging markets. This performance analysis covers a 4-month period using 1-minute data (M1) and a $10,000 initial deposit.

Backtest Summary

• Test Period: January 2, 2024 – May 1, 2024

• Timeframe: M1 (1-Minute Chart)

• Initial Deposit: $10,000

• Total Net Profit: $151,430.99

• Account Growth: +1,514.31% in ~4 months

 Strategic Insights

• Aggressive Profitability: This EA achieved a massive +1,500% return over just 4 months, making it a powerful solution for high-growth portfolios.

• High Win Rate: With a 74.08% win rate, the EA consistently closes trades in profit, even with a grid-based entry model.

• Drawdown Caution: The relative drawdown reached 80.83%, indicating that while the EA can deliver huge returns, it demands a large capital buffer and careful lot sizing.

• Precision Scalping Engine: Operates on open price only model with efficient execution on each bar’s open, suitable for brokers with reliable execution and minimal slippage.

Final Verdict

PLATINUM GOLD REAPER EA is engineered for traders who are comfortable with aggressive martingale/grid strategies and understand the risk-reward dynamics involved. The potential for exponential growth is real—as proven in this 4-month backtest—but it comes with the responsibility of capital management and broker suitability.

PLATINUM GOLD REAPER EA – Mid-Term Backtest Analysis on MT4

PLATINUM GOLD REAPER EA is a fully automated Expert Advisor (EA) for MetaTrader 4 (MT4), optimized for XAUUSD (Gold) trading. It leverages a combination of grid and martingale principles, making it ideal for traders seeking recovery-based strategies. This backtest evaluates its performance over a 2-month period using 1-minute data and a $5,000 initial deposit.

Backtest Summary

• Test Period: January 1, 2024 – February 28, 2024

• Timeframe: M1 (1-Minute Chart)

• Initial Deposit: $5,000

• Total Net Profit: $14,582.60

• Account Growth: +291.65% in 2 months

PLATINUM GOLD REAPER EA – MT4 Backtest Performance Summary

PLATINUM GOLD REAPER EA MT4 is a fully automated Expert Advisor developed for MetaTrader 4 (MT4), specifically designed to trade XAUUSD (Gold vs US Dollar) using a hybrid grid-martingale recovery strategy. This performance review analyzes its behavior on a 1-minute chart (M1) over a 1-month historical test to evaluate profitability, risk exposure, and trade consistency.

 Backtest Overview

• Test Period: January 1, 2025 – February 1, 2025

• Timeframe: M1 (1-Minute)

• Initial Deposit: $1,000

• Total Net Profit: $3,401.26

• Account Growth: +340.13% in ~1 month

• Maximal Drawdown: $1,259.71 (38.86%)

 Trade Statistics

• Total Trades: 2,247

• Profit Trades: 1,742 (77.53%)

Recommended Configuration for PLATINUM GOLD REAPER EA MT4

What do you get After Downloading?

• Experts Advisor:
  • PLATINUM GOLD REAPER_fix.ex4
• Presets Files:
  • Gold_Multiplier Lot.set
  • Gold_Fixlot_$1k.set
  • Gold_Fixlot_$2k.set
  • Gold_Fixlot_$5k_Low Risk.set
  • Gold_Fixlot_$5k_Medium Risk.set
  • Gold_Fixlot_$5k_High Risk.set

🤗WISH YOU SUCCESSFUL TRADING🤗