Introducing The Gold Reaper EA MT4
The Gold Reaper MT4 is an automated trading robot on the MT4 platform, designed specifically for XAUUSD (Gold), and built on the highly successful Goldtrade Pro EA. This EA does not use Grid or Martingale strategies, ensuring account safety and reducing the risk of account blowout. With its automated trade frequency and position size adjustments, The Gold Reaper EA optimizes profits based on account size and market conditions. Additionally, this EA uses support and resistance levels to identify breakout points, allowing it to open trades and fully capitalize on market trends. Verified on a live MQL5 account, the EA has achieved 455% growth over 102 weeks.
Who is the author?
Wim Schrynemakers is an experienced developer who has been in the Forex market since 2005. This expert has created the most profitable and risk-controlled systems for users. Wim Schrynemakers has over 5000 sales and 30 products on MQL5, which proves that the products this developer offers are very reliable and effective.
- 4.1 stars average from nearly 600 reviews on MQL5
- See more information and experience of the author : Click here
More info: https://www.mql5.com/en/market/product/111467
Live signal and Review The Gold Reaper EA MT4
Real Results
- Live Signal : https://www.mql5.com/en/signals/2195619
The Gold Reaper Live has achieved 42.79% growth with a $859.94 profit and a 7.2% max drawdown over 25 weeks
User Reviews
- Users who bought and rated The Gold Reaper MT4
Key advantages of The Gold Reaper EA MT4 :
The Gold Reaper EA MT4 operates based on a Breakout strategy from key support and resistance levels on the XAUUSD pair. With a strict risk management system, this EA avoids using Grid or Martingale strategies, instead ensuring that all trades are protected by Stoploss and Takeprofit settings to safeguard profits. The trading frequency and position sizes are automatically adjusted based on account size and allowed drawdown levels, ensuring account safety in all market conditions. The EA also integrates an NFP filter to avoid trading during Non-Farm Payroll news periods, reducing the risk of high market volatility.
- Fully Automated: The Gold Reaper EA automatically adjusts all trading parameters based on account size and desired risk levels.
- Safe and Reliable: By not using Grid or Martingale strategies, it protects accounts and minimizes the risk of significant losses.
- High Efficiency: When combined with Goldtrade Pro, this EA demonstrates strong growth with stable drawdown levels.
Recommended Parameters
Name | Appropriate |
---|---|
Trading Platform | Meta Trader 4 (MT4) |
Time Frame | Unlimited, can be used on any time frame |
Currency Pair | XAUUSD (Gold) |
Minimum Deposit | $300 |
Broker | ECN accounts with low spreads are recommended |
The package Includes :
- Expert: The Gold Reaper EA MT4 .ex4 (version 1.8) (link download)
Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.
Overall Evaluation of The Gold Reaper EA MT4 :
The Gold Reaper EA is a powerful and safe automated trading system, particularly suitable for XAUUSD traders. With its Breakout strategy from key support and resistance levels and flexible automation features, this EA not only provides stable profits but also minimizes risks, meeting the strict requirements of Prop Firms. Backtesting shows stable growth performance with low drawdown, and real trading results also demonstrate the potential of this EA in live market conditions.
==>> You can get this EA for free with our Premium Membership package
Copyright by David S. Song
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