Market / MetaTrader 5 / Experts /

The Gold Reaper MT5

39 purchases per month

849 USD

Demo downloaded: 23 788

Published: 1 February 2024

Current version: 4.6

The Gold Reaper MT5

4.47

Experts
Profalgo Limited
Profalgo Limited
Profalgo Limited

Malta

91836
4 (981)
- www.forexeasolutions.com
Developing EA's since 2005, I believe I can call myself an experienced EA trader.
In creating my systems, the most attention goes to having a controlled risk and a good Risk/Reward ratio.

27 products 26 signals 9 topics 29 comments
Version: 4.6
Updated: 19 May 2026
Activations: 10

PROP FIRM READY! (download SETFILE)

WARNING:

Only a few copies left at current price!
Final price: 990$
Get 1 EA for free (for 3 trade accounts) -> contact me after purchase

Ultimate Combo Deal -> click here

JOIN PUBLIC GROUP: Click here

Live Signal

YouTube Reviews

LATEST MANUAL

Welcome to the Gold Reaper!

Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conservative to extreme volatile.

The EA uses multiple confirmation algorithms to find the best entry price and runs multiple strategies internally to spread the risk of the trades.

All trades have a stoploss and takeprofit, but also use a trailing stoploss and trailing takeprofit to minimize the risk, and maximize the potential of each trade.

The system is build on the very popular and proven strategy: trading breakouts of important support and resistance levels.

Gold is very suitable for this strategy, as it is a highly volatile pair.

The system auto adapts the trade frequency and lotsize based on your accountsize and your max allowed drawdown setting!

Backtests show a very stable growth curve, with very controlled drawdowns and fast recoveries.

This EA has been stress tested for the longest available period for Gold, using multiple pricefeeds for various brokers, and nothing seems to be able to make it fail.

No "neural network/machine learning AI/ChatGPT/Quantum computer/perfect straight line backtests" sales-talk, but a real and honest trading system, based on proven methodology for development and live execution.

As a developer, I have +15 years of experience in creating automated trading systems. I know what has the potential to work and what has not. I create honest systems, with the highest probability of trading like the backtests without cheating.

NOTE TO GOLD TRADE PRO USERS:

Even though both EA's run similar strategies on Gold, the correlation between the two is actually very low.

Running both EA's together even shows a much stronger growth and this while the maximum drawdown stays about the same or even goes down in some setups! (see screenshot)

For guidance regarding setup of running both together, please contact me in private message.

Key Features:

Very easy to use: install on chart, and set your prefered maximum allowed drawdown. The EA will determine trade frequency and lotsize fully automatic
No grid/No Martingale/No risky risk management
good results over the full historical data for XAUUSD
Easy to use for Prop Firms
Minimum account balance: 300$

Backtesting:

Simply run on XAUUSD using default settings, or change the max allowed drawdown to your preference. You can also change the trade frequency manually to see the different results. Timeframe of the chart doesn’t matter.

Setup:

Run on XAUUSD and set your trade frequency (automatic by default), and your prefered max allowed drawdown.

Or set the trade frequency manually to your preference.

Timeframe: H1

Parameters:

ShowInfoPanel -> display the information panel on the chart
Adjustment for Infopanel size -> in case of 4K display, set value to "2"
update infopanel during testing -> disabled for faster backtesting
Trade Frequency: allows you to use different setups from the EA, going from very conservative trading frequency to extreme trading frequency. By default, it is set to "auto", which means it will use the account balance, and the Max Allowed Drawdown to determine the trade frequency. When using "StartLots", you MUST set the trade frequency also manually!
Maximum allowed spread: maximum spread for pending orders to be allowed
Friday Stop Hour -> if you don't want trades to be hold over the weekend, set a value between 0 and 23. (25 means "disabled)
SetSL_TP_After_Entry -> enable only if your broker doesn't allow pending orders with SL and TP
Use Virtual Expiration -> enable only if your broker doesn't allow pending order with expiration date
Randomization -> this will randomize the entries, exits and TrailingSL values a bit, so that multiple users on the same broker, will have a bit different trades. Also good for prop firms. Good value is "50"
BaseMagicNumber -> the base magicnumber that will be used for all strategies
Comment for trades -> the comment to be used for the trades
Lotsize Calculation Method -> here you determine how the lotsize should be calculated: Fixed lotsize (Use StartLots), Or use the "Max Allowed Total Drawdown
Startlots -> set the value for fixed lotsize, when that option is chosen. This parameter will be used as "minimum lotsize" when using any of the other 2 options for lotsize calculation
Max Allowed Drawdown -> The prefered maximum allowed total drawdown (in %). The EA will then determine lotsize based on the historical max DD of the EA
Set Max Daily Drawdown -> Here you can set a maximum allowed daily drawdown (in %). If it is reached, the EA would close all trades and pending orders, and wait for the next day. This is usefull for prop firms
Use Equity instead of Balance -> use Equity of the account to calculate all lotsize values
OnlyUp -> this will prevent lotsize to decrease after losses (more aggressive but faster recovery after losses)
EnableNFP_Filter -> turn the NFP filter on or off
AutoGMT -> let the EA calculate the correct GMT offset for your broker, so that the time of NFP will be correct
GMT_OFFSET_Winter -> for setting the GMT Offset manually in the wintertime (when AutoGMT is off, or during backtesting!)
GMT_OFFSET_Summer -> for setting the GMT Offset manually in the summertime (when AutoGMT is off, or during backtesting!)
NFP_CloseOpenTrades -> force the EA to close all open trades when NFP starts (X minutes before NFP)
NFP_ClosePendingOrders -> force the EA to delete all pending orders when NFP starts (X minutes before NFP)
NFP_MinutesBefore -> how many minutes before the NFP event, to close trades and pending orders
NFP_MinutesAfter -> how many minutes after the NFP event, before the EA resumes trading again

IMPORTANT: For AUTO_GMT TO WORK -> you must add the URL "https : // www . worldtimeserver.com/" (remove spaces!!) to the "allowed URL's" in your MT4/MT5 terminal (tools -> options -> expert advisors)

more...

496

Andrei Koval 2026.06.13 08:01 #

I think this EA is MQL5 modern classic! Using TGR from November 2025 - very advanced, very predictiable, stable TRADING system with no "improved core for current market conditions" updates. Almost every bad review is from "holy grail" seekrs. And yes - wim is very nice person too. Must have alongside with his gold phantom and gold trade pro.

Roman Tressler 2026.06.11 13:18 #

I've been using the Gold Reaper for two days now and have made 10% of my capital. So far everything is working as it should, I'm satisfied so far!

RussellKing 2026.05.26 16:22 #

I see some users with negative results having started recently but unfortunately some periods of drawdown do of course happen - otherwise they would be magic money printing machines and everyone would be a billionaire!. Hopefully they will stick with it and see good results om time. I have been running Gold Reaper as part of a portfolio of EAs since the start of this year, not all are yet profitable but for me Gold Reaper is the star - on this EA alone I am up nearly £8,000 (on a £20,000 start balance). It is true there have been some up and downs in the time I have been running it but on average it is my best performing EA.

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Revert Edge is a multi-symbol Expert Advisor for intraday index mean-reversion trading on the H1 timeframe. Revert Edge is designed for traders who want a structured, rules-based approach to trading major indices without martingale, grid, or hedging logic. The EA looks for controlled reversal opportunities around key market reference points and manages trades with configurable risk, daily protection, and optional trailing logic. EA Setup & Guide What Revert Edge Trades Revert Edge is designed f

999 USD

Ashinton Smart Ultra Pro – Structured Trading Automation Ashinton Smart Ultra Pro is a fully automated trend-following, risk-controlled MT5 Expert Advisor designed to trade identified trend continuation opportunities using a multi-stage entry confirmation aligned with directional bias, and price structure-based swing levels. It focuses on clean execution, strict money management, and safety protections (daily drawdown lock, spread protection, cooldown rules, and more), making it suitable for t

1 199 USD

SmartChoise Battery EA A refined and stable continuation of the classic SmartChoise Expert Advisor (v8.2) trained up to October 31 2025 The user manual is available via the link on my profile page This edition retains the earlier neural logic and classic filter system that many traders appreciated for its steady, predictable behavior. It’s designed for those who prefer the original trading flow, focusing on clarity and simplicity rather than constant evolution. The Battery EA includes

999 USD

Bonnitta EA is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of Bonnitta EA is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B

5 500 USD

Introducing Mean Machine GPT Gen 2 – The Original. Now Smarter, Stronger, and More Capable Than Ever. We helped start this entire shift in late 2024 with Mean Machine, one of the earliest systems to bring real frontier AI into live retail trading. Mean Machine GPT Gen 2 is the next evolution of that original vision. We did not replace the original. We evolved it. Most systems answer once, act once, and forget everything. Mean Machine GPT Gen 2 does not. It remembers every trade, every decision,

1 197.53 USD

1 499 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here Live signal: https://www.mql5.com/en/signals/2084890 Live Signal high risk : https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strate

649 USD

PROP FIRM READY! ( download SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 3 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here JOIN PUBLIC GROUP: Click here Live Signal LATEST MANUAL Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conservative to e

849 USD

Launch promo: Only 1 copies available at 399$ Final price: 2000$ There will be only a limited number of copies sold of this EA Luna AI is a very advanced night scalper and one of the best you can find on the market. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was developed over the years, the EA is very effective and has

399 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here New live signal: https://www.mql5.com/en/signals/2084890 Live Signal high risk : https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strategy.

649 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Buy Goldbot One and choose 1 EA for free!! (for 2 trade accounts) JOIN PUBLIC GROUP: Click here Ultimate Combo Deal -> click here Introducing Goldbot One , a highly sophisticated trading robot engineered for the gold market. With its focus on breakout trading, Goldbot One leverages both support and resistance levels to identify prime trading opportunities. This expert advisor is crafted for traders who seek

649 USD

549 USD

Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal -> click here LIVE RESULTS: https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo! After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent It

599 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Buy Goldbot One and choose 1 EA for free!! (for 2 trade accounts) JOIN PUBLIC GROUP: Click here Ultimate Combo Deal -> click here LIVE SIGNAL Introducing Goldbot One , a highly sophisticated trading robot engineered for the gold market. With its focus on breakout trading, Goldbot One leverages both support and resistance levels to identify prime trading opportunities. This expert advisor is crafted for trade

649 USD

PROP FIRM READY! LAUNCH PROMO: VERY LIMITED NUMBER OF COPIES AVAILABLE AT CURRENT PRICE! Final price: 990$ NEW: From 349$: Choose 1 EA for free! (for max 2 trade account numbers) Ultimate Combo Deal -> click here JOIN PUBLIC GROUP: Click here LIVE RESULTS INDEPENDENT REVIEW Welcome to "The ORB Master" : Your Edge in Opening Range Breakouts Unlock the power of the Opening Range Breakout (ORB) strategy with the ORB Master EA: a refined, high-performance Expert Advisor designed for moder

499 USD

549 USD

NEW PROMO: Only a few copies copies available at current price! Final price: 999$ NEW: from 349$ or higher --> Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates

399 USD

599 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog !! READ SETUP GUIDE BEFORE RUNNING THE EA !! -> https://www.mql5.com/en/blogs/post/705899 Other Live results : https://www.mql5.com/en/signals/1931084 Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a build in spread-filter and slipp

599 USD

549 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Gecko runs a simple, yet very effective, proven strategy. It looks for important recent support and resistance levels and will trade the breakouts. This is a "real" trading system, which means it will use a SL to protect the account. It also means it will not use any dangerous techniques like martingale, grid or averaging down. The EA shows its

149 USD

399 USD

549 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Gecko runs a simple, yet very effective, proven strategy. It looks for important recent high and lows and will trade the breakouts. The actual execution of this strategy however, is what makes this EA truly shine. Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS: https://www.mql5.com/en/signals/75

149 USD

Little Trade Helper is a fine tool for manual traders. It can quickly draw trendlines and support/resistance lines that will help to identify good price levels for placing entries, or set SL/TP levels. This indicator will not provide any direct buy/sell signals or notification, but is purely meant for those traders that want to get a quick graphical help in finding important levels on the chart. When switching to another timeframe, the indicator will immediately adjust and re-calculate all le

35 USD

NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: From 349$ or higher --> Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates i

399 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live results: https://www.mql5.com/en/signals/1872951 high risk account Introducing the latest addition to our line of forex trading robots - the Apex Trader . Developed using years of experience in creating expert advisors, Apex Trader is a powerful trading tool for the forex market. As a developer, I have dedicated a lo

499 USD

LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our promo blog ! JOIN PUBLIC GROUP: Click here Live results low risk Live results high risk Welcome to STABILITY PRO : One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in every

499 USD

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496

Andrei Koval 2026.06.13 08:01 #

Roman Tressler 2026.06.11 13:18 #

I've been using the Gold Reaper for two days now and have made 10% of my capital. So far everything is working as it should, I'm satisfied so far!

RussellKing 2026.05.26 16:22 #

Michele 2026.05.12 05:14 #

I purchased this bot around a month ago, but unfortunately it hasn’t generated any profit so far. It’s disappointing because, based on the reviews and its ranking in the market, I honestly expected much better results. I really hoped for a more consistent performance.

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Reply from developer Wim Schrynemakers 2026.05.12 05:24 #

hi, thx for the feedback. I believe you didn't really backtest the EA before you bought it? Because else it would be very obvious that current "small drawdown" period is very normal and happens multiple times per year. Yet, the EA always ended in profits every year. To make more clear of where the current performance is, I made a quick post: https://www.mql5.com/en/market/product/111357/comments/page11#comment_59730385 Please check it out... it should explain why having a longterm look on trading is crucial Stopping the EA now would be a rookie mistake. I made many blog posts about it, which you can read here: https://www.tradewithwim.com/blog

140

Quoc Bao Tran 2026.05.07 02:41 #

Wim is very kind, and friendly, always help me to set up the bot. Gold Reaper is a profitable bot. But in my opinion, the minimum initial should be 2k5-3k, and if you dont want risky, you should use the low risk setting. My broker sometimes dont match with his signal, sometime i get unprofit when his signal have profit. I used broker Exness and Icmarket. Not for all broker.

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Reply from developer Wim Schrynemakers 2026.05.07 03:08 #

thx for the review! The historical max drawdown for "very conservative" setting is around 300$. So 2.5K really isn't needed to start. It all depends on how you set up the EA

235

Souma 2026.05.04 14:01 #

Best EA!! You don't need other EA.

600

Mirco Lupinetti 2026.04.22 12:05 #

User didn't leave any comment to the rating

4732

Matthew Lewis Beedle 2026.04.21 21:57 #

Hard to really argue with the results of this EA. It clearly does have an edge on the market (at least for now) and that shows both in my results with it and also the live signal. My main criticism of most Gold EAs is that any EA that buys often will have done well the last 2 years, no matter how dumb the signals might be. But for GoldReaper, it isn't buy only, it can sell as well and it effectively takes scalps and sometimes the odd big win on breakouts of major liquidity gaps. My general advice to people who consider it is 1) If you're running a small account, be very careful, gold isn't ideal on small accounts 2) I personally think the default settings are too risky, but that's just my take 3) It doesn't trade so often so if you are a trading dopamine junky, better off just buying a scalper or one of the scam martingale grid systems instead. Overall, so far so good 6 months in. PS to anyone leaving reviews after just 1 month (positive or negative), please don't.

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Reply from developer Wim Schrynemakers 2026.04.22 04:34 #

thx mate!

CosmosElite 2026.04.03 03:26 #

One of the worst EAs on the MQL marketplace.I lost my account.

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Reply from developer Wim Schrynemakers 2026.04.03 04:35 #

this must be some kind of joke?
Gold Reaper is one of the best EAs on the market. Ask anyone. How in the world did you lose your account when using my recommended settings? Or maybe you thought it was a good idea to run your own settings without testing them first? Since there were almost no trades in the last few days on "normal" settings, I assume you tried the "extreme" setting on a small account? Which would be completely against my recommendations.

463

Wieger De Wit 2026.03.21 20:11 #

The best breakout EA on the MQL marketplace from one of the best developers on the MQL market.

493

Alex Holloway 2026.02.04 16:40 #

Gold Reaper will always remain the most powerful creation of Mr. "Wim" and the foundation of his work.

567

Christian Quintavalle 2026.01.18 21:43 #

Grazie! sto avendo ottimi risultati!!! in una settimana ho ripreso i soldi dell'affitto! dopo tanti soldi spesi in altri Expert ad. finalmente ho trovato un produttore intelligente!

ritwikghorui 2026.01.17 05:20 #

I have been using it from past 3 months, results are really impressive. If you are looking for slow, steady and consistent gain The Gold Reaper is one of the best.

126

Marco Veroli 2026.01.05 18:27 #

I have to say I'm satisfied with the purchase. Wim was very helpful in explaining how to set up the expert. Very simple and intuitive. Thank you.

322

Rudy Jean Louis Bompeix 2025.11.30 10:29 #

I’ve been using The Gold Reaper along with several other EA’s from Wim for quite some time now, and I can honestly say the results have been excellent. The combination of his EA’s is very profitable over the long term, as long as you manage risk properly and stay patient. Wim is also one of the very few honest developers on MQL5. He provides consistent updates, keeps improving his EA’s over time, and offers outstanding support, even though he has a large number of users. His follow-up is always clear, fast, and helpful. I trust his work completely, which is extremely rare on MQL5, where many developers unfortunately manipulate backtests or sell dangerous systems. Wim is the exact opposite: transparent, competent, and reliable. I highly recommend The Gold Reaper and all of Wim’s EA’s to anyone looking for long-term, sustainable performance.

673

Abdullah Uygar Tuna 2025.11.16 19:24 #

For me, the Gold Reaper is the bible of Expert Advisors. It’s arguably the best product from one of the most friendly, honest, responsive, and skilled developers in the market. I’ve been using it on both MT4 and MT5 with solid long-term performance—as long as you don’t panic during the inevitable drawdowns. Truly legendary.

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Reply from developer Wim Schrynemakers 2025.11.16 19:35 #

thx mate!

466

Jorge Dominguez Martinez 2025.11.11 07:45 #

This is honestly one of the best Expert Advisors you can find on MQL5 right now. It’s not a “get rich in 2 days” robot – you just need to let it run and give it time to show its edge. In a marketplace full of scams and over-optimized junk, having a developer like Wim is a real advantage. He delivers logic, risk control and clear parameters, not marketing tricks. Please don’t fall for the “perfect” backtests and flashy descriptions you see everywhere here – most of that stuff is garbage and will blow your account. This EA is the opposite: solid idea, real protection, and a dev who actually supports his work.

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Reply from developer Wim Schrynemakers 2025.11.11 07:49 #

thx mate! much appreciated!

hrosaniaphd 2025.09.29 04:57 #

-great product.

1006

raja5655 2025.09.11 17:12 #

Honesty and integrity. I bought it two days ago at the previous discount. I haven't used it, but I tested it and invested $1,000 in it. Most importantly, as of its update date of July 17, 2025, you'll find that it has made $250 profits so far, which is a good 25%. The writer is responsive and very reliable. He's not one of those programmers who lose money and the expert is removed. I wish everyone the best.

911

Ibrahim Siraz 2025.07.23 05:08 #

I’ve bought many EAs from MQL5, joined several groups, and spoken with many developers , and I can confidently say Wim stands above the rest. He is transparent, honest, and explains everything in detail without any manipulation. The experience with his group is completely different — supportive, respectful, and helpful whenever someone opens a discussion. I’m currently using five of Wim’s EAs on a single account, and I’m very satisfied. Highly recommended!

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Reply from developer Wim Schrynemakers 2025.07.23 05:19 #

thx mate! lovely to hear that!

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The Gold Reaper MT5

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