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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