Gold Reaper X Pro

3
  • Experts
  • Mohd Feroze
    Mohd Feroze
    • Algorithmic Trading Developer at  Self-Employed
    • India
    • 2412
    4 (4)
    Professional Algorithmic Trading Developer specializing in high-performance Meta Trader 5 Expert Advisors. I design robust, rule-based trading systems for Gold (XAUUSD), combining quantitative strategies, disciplined risk management, and continuous product improvements. Dedicated to delivering
  • Version: 1.35
  • Updated: 16 August 2026
  • Activations: 5

Gold Reaper X PRO

Gold Reaper X PRO is an automated Expert Advisor for trading XAUUSD on MetaTrader 5. It uses an H1 EMA trend filter to set the trade direction, then looks for M5 pullback entries using Bollinger Bands and RSI. Trade management includes ATR-based recovery, basket drawdown protection, profit trailing, session and cooldown controls, and balance-based lot sizing. Version 1.35 adds Defensive Grid Control, an optional ATR volatility filter, and an updated dashboard. A baseline configuration is included, so no external .set file is required.

Risk management

Defensive Grid Control (default 4.5%) stops the EA from opening new recovery layers once the active basket reaches that drawdown level; existing trades continue to be managed. BasketDD_StopPct (reference 10%) requests closure of the basket at its own threshold. Both are management controls, not guaranteed loss limits. An optional ATR filter can block new entries during high volatility, and a spread filter blocks entries above a set maximum spread.

Key parameters

Symbol / chart XAUUSD, M5
Trend filter H1 EMA
Entry logic Bollinger Bands + RSI (M5)
Defensive Grid Control 4.5% (default)
BasketDD_StopPct 10% (reference)
Lot sizing Fixed or Smart Lot (balance-scaled)
Account types Standard and cent
Recommended spread Below 15 points
Recommended balance $500+
Broker type ECN / RAW spread preferred

Installation

Attach to an XAUUSD M5 chart, enable Algo Trading, and let the EA initialize with its baseline settings. Check your broker's spread format in Market Watch and set Max Spread Points accordingly. Increasing lot size, recovery layers, or the recovery multiplier increases exposure and drawdown, so review these before trading live.

Backtesting

Test with a balance and broker similar to your live account, over a long enough history, on XAUUSD M5. The baseline runs with the session filter on; disabling it in the Strategy Tester allows more trade opportunities outside London/New York hours but increases exposure. Historical results do not guarantee future performance — a demo forward test is recommended before going live.

Risk disclosure

This EA uses recovery-based management and may hold multiple positions at once. Trading leveraged instruments carries risk of loss. Strategy Tester results are historical simulations only; live results may differ due to spread, slippage, commissions, and execution conditions. Basket protection settings are management tools, not guaranteed maximum loss limits.

For support or configuration help, contact me through the MQL5 messaging system.

Developed by Mohd Feroze — Algorithmic Trading Developer

Reviews 2
idzamm
20
idzamm 2026.07.21 10:49 
 

Good EA support. I have run this on Demo and Live account. Been running this for 1 weeks. It is great. Drawdown level per day is less than 10% I hope that developer can create a setting for $100-300 capital. I have tried few others EA, but their drawdown is 60-80% per day. Thank you to this developer.

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chpol8 POL
2840
chpol8 POL 2026.08.27 14:03 
 

Huge losses, minimal gains. It can blow out an account in just a few hours. Such EAs should be banned, or they should compensate for the losses. I am furious.

Take care of your useless and dangerous EA.

Mohd Feroze
2412
Reply from developer Mohd Feroze 2026.08.27 14:16
I understand your frustration, and I'm sorry to hear about your experience. Gold Reaper X has configurable risk and recovery settings, so the results and drawdown can vary depending on the market conditions and settings used. For a more conservative approach, I recommend using the 5% Risk preset with lower recovery exposure. I strongly recommend testing the chosen settings on a demo account for at least 3 months across different market conditions before considering live trading.
idzamm
20
idzamm 2026.07.21 10:49 
 

Good EA support. I have run this on Demo and Live account. Been running this for 1 weeks. It is great. Drawdown level per day is less than 10% I hope that developer can create a setting for $100-300 capital. I have tried few others EA, but their drawdown is 60-80% per day. Thank you to this developer.

Mohd Feroze
2412
Reply from developer Mohd Feroze 2026.07.21 10:52
Thank you very much for your valuable feedback and for taking the time to share your experience with Gold Reaper X Pro. I'm glad to hear the EA has been performing well on both your Demo and Live accounts. I appreciate your suggestion regarding a preset for $100–300 accounts. I'll definitely look into developing and testing a configuration suitable for smaller account sizes in a future update. Thank you again for your support, and I wish you continued success in your trading!
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