The Gold Reaper EA v4.6 MT5 is a fully automated breakout trading system designed exclusively for XAUUSD (Gold) on the MetaTrader 5 platform. Built on proven support and resistance methodology, this EA runs nine internal strategies simultaneously to spread risk and adapt to changing market conditions. Every trade includes a hard stop loss, trailing stop, and trailing take profit—no grid, no martingale, no dangerous risk management.
Key Features
- No Grid / No Martingale – every trade has a hard stop loss
- Multi-Strategy Architecture – runs 9 internal breakout strategies to spread risk
- Adaptive Trade Frequency – automatically adjusts based on account size and drawdown settings
- Dual Trailing Mechanism – trailing stop loss and trailing take profit to lock gains and maximize wins
- Built-in NFP Filter – avoids trading during high-impact news events
- Prop Firm Ready – includes maximum daily drawdown limits and randomization to avoid pattern detection
- Visual Information Panel – real-time trading statistics displayed on chart
- Randomization Feature – adds slight variations to entries, exits, and trailing values
- Friday Stop Hour – prevents weekend gap risk by closing positions before market close
- One-Click Setup – install on chart, set max drawdown, and let the EA work
Recommended Settings
- Pair: XAUUSD (Gold only)
- Timeframe: H1
- Minimum Balance: $300 (recommended $1,000+)
- Leverage: 1:500 or higher
- Account Type: ECN or RAW spread
- Max Allowed Drawdown: 15-25% for moderate risk
- Trade Frequency: Auto (recommended for most users)
- Maximum Spread: 20-30 points
- NFP Filter: Enabled with AutoGMT
Advantages
- Honest, transparent development – no fake AI or quantum computing claims
- Stress tested across the longest available historical period for Gold
- Verified live results with public MQL5 signals
- Low correlation with Goldtrade Pro – can run both EAs together
- Automatic position sizing based on your drawdown preference
- Works with proprietary trading firm accounts
Disadvantages
- Gold only – not recommended for any other symbol
- Drawdowns can reach 20-40% depending on risk settings
- Requires patience – extended losing periods are possible
- VPS recommended for 24/5 uninterrupted operation
- MT5 only – no MT4 version availableNFP filter requires manual URL configuration for AutoGMT
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- The Gold Reaper EA v4.6 MT5.ex5
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Disclaimer:
The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
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