The Gold Reaper MT4

4.58

PROP FIRM READY! (download  SETFILE)

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

JOIN PUBLIC GROUP: Click here

Live Signal


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 of the chart doesn’t matter.


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)


Reviews 36
Joao Maria Da Costa De Macedo Jara De Carvalho
731
 

I purchased this EA and I’m very satisfied with the results. It does exactly what it promises and has met my expectations. The author is very honest and always willing to help with anything — he replies quickly and provides excellent support. I highly recommend it! :) Thanks Wim!

Frank Paetsch
7526
Frank Paetsch 2025.09.02 09:45 
 

Good and solid EA.

fredlebasque
116
fredlebasque 2025.05.12 09:32 
 

Thank you Wim for your quality EA, which does not promise the moon but which is profitable in the long term. The strategies are well-researched and very effective.

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THREE LITTLE BIRDS EA Forged from loss. Perfected with pain. Released with purpose. Tip: If you want to understand how the EA works in detail during testing, look for the parameter “Debug” in the input settings. By default, it is False . Set it to True to see detailed messages in the Experts tab while running backtest or live test. STRUCTURE. NOT SPECULATION. Three Little Birds EA is not just another trading robot. It is a battle-forged engine, crafted through years of real failure, and desi
Anibus
Murodillo Eshkuvvatov
Only 5 copies at 350$- then  price to 600$ Introducing elite Anibus Expert Advisor for Meta Trader 4/5 Why this ea number one in market ? it can work in any pair / metal/ crypto specially design to work crypto currency BTCUSD Why Bitcoin trading 1.   Elite Precision Precision – Redefining Trading Cutting-edge algorithms fine-tuned for pinpoint execution with powerful hedging strategy. Smart setups crafted to navigate risks and seize opportunities. 2. Adaptive Market Strategies with Real-Time Pr
Bitcoin Robot MT4
MQL TOOLS SL
4.63 (65)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Exorcist Projects
Ivan Simonika
3 (1)
Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
Pocioli
Mike Amega
Pocioli X  The Smart AI That Trades for You Trade Smarter. Profit Faster. Relax More. Say hello to Pocioli X, the next-generation AI trading robot designed to think, learn, and adapt just like a professional trader. Unlike traditional robots that follow fixed rules, Pocioli X evolves with the market. It studies patterns, learns from every move, and adjusts its strategy automatically to keep you ahead  whether you trade Forex, Crypto, Indices, or Commodities. Why Traders Love Pocioli
Grid Based Recovery Zone (EA)  1. OVERVIEW  The Recovery Zone EA is a smart loss recovery trading system that uses trend-confirmed grid-based entries to recover trades efficiently. Unlike traditional Martingale or grid strategies, this EA ensures that new trades align with the market trend, reducing risk and improving recovery efficiency. It gradually adjusts trade sizes and profit targets to neutralize drawdowns while keeping risk exposure low. The use of ATR-based stop-loss and take-profit ens
Omega Code
Nguyen Hang Hai Ha
Introduction EA Omega Code is a core strategy that has been distilled over many years of research and optimization for the Forex and Gold markets. The strategy combines Scalper and Trailing to optimize performance and reduce risk. Trading orders have Stop Loss, Trailing for customization, and provide many other parameters to optimize the system to suit each user's trading plan. Promotion: with the purchase of Omega Code, users can access the source-code. If you are really interested in the sour
MM Flip CodePro
Allistair Kabelo Mandow
"MM 3.0 FLIP CODEPRO IS DESIGNED TO MULTIPLY YOUR CAPITAL UP TO 300 TIMES OR MORE A WEEK ON SMALL ACCOUNTS USING 1:UNLIMITED THIS POWERFUL TRADING ROBOT CAN TURN SMALL INVESTMENTS INTO MASSIVE RETURNS DEPENDING ON MARKET CONDITIONS" "WITH JUST $100 FOR FORISTANCE YOU HAVE THE POTENTIAL TO GENERATE $30 000+ IN A SINGLE WEEK....BASED ON OUR EXPERIENCE CONSTANT CONSISTENT PROFITS WITHIN 7 TRADING DAYS DAYSARE ACHIEVABLE" "OUR TEAM IS HERE TO GUIDE AND SUPPORT YOU EVERY STEP OF THE WAY WITH MM3
Greedy Golden MT4
Mihails Babuskins
4.75 (4)
Recommended:  it's better to  use in accounts with lower swap or swap-free accounts. SEE AND COMPARE WITH OTHER EA's , Real monitoring signals:  Greedy Golden +1000% Signal Contact me after payment to send you the user manual PDF file See the real monitoring signal in my profile. Use only on gold and on the  BUY direction. Trading gold is attractive to many traders due to the high volatility and depth of the market. Should we invest in gold or just scalp it? Answering this question is a big cha
Rockman
Jia Jie Tian
IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. I spent a lot of time and effort to make this software sophisticated with possibilities of high potential returns while keeping the drawdown below 20%. The algorithms of the robot provide investors of any level of training with an investment opportunity that is both safe and aggressive. Golden Coup EA imitating the work of the brain, capable of learning and adapting to changing conditions and
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Gecko EA MT5
Profalgo Limited
5 (1)
NEW PROMO: Only a few copies copies available at 349$ 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
Red Hawk MT5
Profalgo Limited
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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 ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast executi
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Profalgo Limited
4.12 (41)
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Gecko
Profalgo Limited
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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
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The Viper EA
Profalgo Limited
3.18 (11)
NOTE: only recommended for these pairs currently: EURAUD;GBPAUD;GBPCHF;EURCHF;AUDCAD and AUDUSD 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 ! Live monitoring :  https://www.mql5.com/en/signals/1422803 The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST).    These trades already have a very high su
Starlight MT4
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NOTE : Please run only on GBPCHF and GBPCAD for now   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 ! STARLIGHT is a very advanced, low risk night scalper which uses a unique approach to the entry algorithm compared to other night scalpers.  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 i
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
Bitcoin Scalp Pro
Profalgo Limited
5 (4)
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
Apex Trader MT4
Profalgo Limited
5 (4)
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
Luna AI PRO
Profalgo Limited
4.67 (3)
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
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Joao Maria Da Costa De Macedo Jara De Carvalho
731
 

I purchased this EA and I’m very satisfied with the results. It does exactly what it promises and has met my expectations. The author is very honest and always willing to help with anything — he replies quickly and provides excellent support. I highly recommend it! :) Thanks Wim!

David Vicente Martin
268
David Vicente Martin 2025.09.08 14:50 
 

User didn't leave any comment to the rating

Frank Paetsch
7526
Frank Paetsch 2025.09.02 09:45 
 

Good and solid EA.

fredlebasque
116
fredlebasque 2025.05.12 09:32 
 

Thank you Wim for your quality EA, which does not promise the moon but which is profitable in the long term. The strategies are well-researched and very effective.

Klogarg
142
Klogarg 2024.10.23 10:29 
 

Really good EA, real trades match the backtest and the support from Wim is outstanding, he is constantly improving the EA

Yu Xiao
139
Yu Xiao 2024.07.09 06:47 
 

租用了3个月,但是无法赚钱甚至亏钱,使用大止损的阻力位和支撑位的突破单,可想而知,一旦止损那就是大回撤。

Blake Powell
61
Blake Powell 2024.06.30 15:33 
 

The support from Wim is excellent. Looking forward to using these EAs in my portfolio.

Bob  Marsey
33
Bob Marsey 2024.06.29 17:17 
 

Not sure about this one. I bought it, applied it to my MT4 account yet it never opened a single trade whilst set to auto trade for nearly 2 weeks. Think I have wasted my money tbh.

Profalgo Limited
82558
Reply from developer Wim Schrynemakers 2024.06.29 17:33
Why ooooh why did you not ask me about it one single time since you bought it, before immediately putting a 1 star review for something that I can fix probably in 5 minutes if you send me screenshot of your setup. Since nobody else has this problem, it is probably something in your setup. So I will now contact you to check what is the problem. I’m not sure how I can help you with the ea if you don’t let me know that you have a problem?
tdceagold41
21
tdceagold41 2024.06.26 16:54 
 

HOLA QUE TAL, NECESSITO UN POCO DE SOPORTE EN LA COMPRA DE THE GOLD REAPER MT4 , YA QUE ESTUVE INSTALANDOLO PERO NO ME DEJA , ME SALE UN MENSAJE QUE NO QUEDAN LISENCIAS, QUE SE DEBE COMPRAR DE NUEVO ????!!!!!! ESTO FUE COMPRADO DESDE MI ACADEMIA Y TRABAJAMOS JUNTOS PARA INSTALARLO Y NO PUDIMOS . LE AGRADECERIA QUE REVISE ESTE CASO Y DESDE YA GRACIAS POR ATENDER MI SOLICITUD Y LO SALUDOS ATTE. DANTE.

Profalgo Limited
82558
Reply from developer Wim Schrynemakers 2024.06.26 17:32
Hi Dante, Please send me all the details in private message please
James Edward Oakden
197
James Edward Oakden 2024.05.17 09:29 
 

I've been using the Gold Reaper Expert Advisor for almost two months, and I'm really happy with it. With a 90.825% profit trade success rate, it’s gone beyond what I expected. It handles loss recovery really well, making my trading pretty much stress-free. Wim, the developer, is super helpful and always ready to answer questions and give setup tips. He’s constantly improving the EA too, with two updates already since I got it. All in all, the Gold Reaper EA is fantastic and is quickly paying for itself. I highly recommend it!

Nick Bailey
69
Nick Bailey 2024.05.12 11:59 
 

bought this bot about a week ago. have set up and have running with good results. very happy. nice and easy to use and very good. very happy

Raphael Traen
33
Raphael Traen 2024.05.01 10:21 
 

The Gold Reaper of Wim is an exceptional trading bot, created for capitalizing on gold market breakouts. Its strategy is finely tuned. What also really sets this EA apart is the incredible customer service provided. The developer is very responsive and genuinely committed to assisting users in maximizing their trading experience. Overall, this bot offers both a robust trading strategy and exceptional support, making it a valuable tool for traders!

igivaka
68
igivaka 2024.04.28 00:57 
 

Wim is a great developer. All his EAs have sound logic and work well on live accounts. Everything (including DD) is scalable. Your questions wont wait at all to be answered. All the best.

Bryan Cua
133
Bryan Cua 2024.04.26 09:53 
 

I don't kow much about trading, that is why I been trying a lot of EA for months. I put this robot in a live account and since 5 April 2024, it made 11% gains already (with Gold Trade Pro combo). The best EA so far beats Perceptrader AI, XAUBOT Pro, King Robot, etc. https: // www.myfxbook.com / members / ScarySnow / gold-reaper-combo / 10820426 . I hope it continues to do great things!

Cybersix
183
Cybersix 2024.04.23 05:10 
 

OK, I wanted to see what would happen on a major reversal day (April 21-22nd for XAU)...and Wim passed with flying colours!

fotofuji
90
fotofuji 2024.04.22 17:23 
 

I have been running it on my live account for about 30 days. It has done a great job so far, it has made EA money :), It answers every question very quickly and even more, it helps a lot. If nothing unusual happens, it definitely works. Thanks Wim and colleagues.

burtjo
49
burtjo 2024.04.05 19:27 
 

Could not be happier with Wim and his awesome EAs! This is 1 of 6 EAs that I have bought from him and I am incredibly pleased. The profit factor is off the charts and the risk to reward in terms of return to drawdown is amazing. My gold reaper is up 28% since February with only 4% drawdown! Thank you Wim!

Abdullah Uygar Tuna
337
Abdullah Uygar Tuna 2024.04.02 17:23 
 

I have been using this EA on 2 different accounts with 2 different settings for more than a month and it has already made more than I paid for it. It took me a while to figure out how to come up with the right settings based on my risk management preferences since this EA has a sophisticated trading algorithm, unlike the ones I had previously used, and I was a little bit skeptical at the beginning even though I had done quite a lot of research before buying. The fact that it has been a money maker so far doesn't mean that it will continue to be the case in the future but so far so good! Wim also is very supportive and patiently helps with any kind of questions you might have.

FloM
54
FloM 2024.04.02 16:48 
 

I bought this EA 2 weeks ago, It combine really good with Gold Trade Pro. they already made me 300 profits with only the least risky setup. Backtest and live did the same trades, I highly recommend these EA, in addition, support is always ready to help you, take advantage of the price I really think it's worth more !

YUN CHOI
543
YUN CHOI 2024.03.15 11:54 
 

Other EA's have been so cool and tempting in backtesting, only to be disappointed in their real accounts. There was even a strange result in which a loss occurred during a period using real-world data, but profits were made when backtesting the loss period. So, I have high expectations for this Gold Reaper EA, which showed the same results in backtesting, demo, and real. Thank you for making great EA.

Profalgo Limited
82558
Reply from developer Wim Schrynemakers 2024.03.15 12:05
thx mate!
12
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