GOLD Reaper v2

GOLD Reaper v2 — Professional Breakout Expert Advisor for MetaTrader 5

TRADE WITH STRUCTURE. MANAGE RISK WITH CONTROL.

Welcome to GOLD Reaper v2, an automated trading solution for MetaTrader 5, developed by Axentralab / VELOURA.

GOLD Reaper v2 is designed to identify breakout opportunities around important market levels and execute trades according to your selected entry and risk-management settings. With configurable trade confirmation, flexible position sizing, and built-in trade-management tools, the EA gives traders control over how their trading system operates.

Whether you prefer a fixed trading volume or percentage-based risk, GOLD Reaper v2 provides adjustable settings to help you configure the system according to your own trading plan.

Key Features

  • Automated Breakout Trading — Identifies trading opportunities around key previous-day price levels.

  • Flexible Entry Confirmation — Choose between price-touch entry and candle-close confirmation.

  • Risk-Based Lot Sizing — Calculate position volume based on a configurable percentage of account balance.

  • Fixed Lot Option — Use a predefined lot size when preferred.

  • Flexible Stop Loss & Take Profit — Configure fixed-point levels or use ATR-based stop-loss calculations.

  • Break-Even Management — Move the stop loss toward the entry price according to your settings.

  • Trailing Stop — Automatically adjust stop-loss levels as the trade progresses.

  • Daily Loss Protection — Set a daily loss threshold to restrict further trading when the configured limit is reached.

  • Spread Filter — Avoid opening new trades when the spread exceeds your selected limit.

  • Trading Session Filter — Configure the permitted trading hours.

  • Directional Control — Enable both directions, buy-only, or sell-only trading.

  • Customizable Settings — Adjust risk, trade confirmation, stop-loss, take-profit, and other parameters.

  • Clean Chart Dashboard — View important account and EA information directly on the chart.

  • No Grid / No Martingale — The EA does not use grid or martingale position-recovery strategies.

  • No DLL Dependency — Designed to operate without external DLL files or web requests.

Risk Management Comes First

GOLD Reaper v2 includes configurable risk controls so you can adapt its operation to your account and trading preferences.

Available controls include:

  • Percentage-based or fixed-lot position sizing

  • Configurable stop loss and take profit

  • ATR-based stop-loss calculation

  • Break-even and trailing-stop management

  • Daily loss limit

  • Spread and trading-session filters

Important: Risk-management settings do not eliminate trading risk. Actual exposure and execution results depend on the symbol, broker specifications, market conditions, spread, slippage, and your chosen settings.

Flexible Configuration

Customize GOLD Reaper v2 to suit your preferred trading approach.

Entry Mode: Choose price-touch execution or candle-close confirmation.

Position Sizing: Use risk-percentage sizing or a fixed lot.

Stop-Loss Mode: Choose fixed-point or ATR-based stop-loss calculation.

Trade Direction: Enable buy and sell trades, or restrict the EA to one direction.

Trade Protection: Configure break-even, trailing stop, spread limits, session filters, and daily loss protection.

Setup Guide

  1. Install GOLD Reaper v2 in MetaTrader 5.

  2. Open the chart of your chosen trading symbol.

  3. Attach the EA to the chart and enable Algo Trading.

  4. Configure your lot-sizing method and risk parameters.

  5. Set your preferred entry confirmation, SL/TP, and trade-management options.

  6. Test your configuration in the Strategy Tester and on a demo account before considering live trading.

The EA is designed to work with different symbols and chart timeframes. However, the appropriate settings and actual results may vary significantly between instruments and brokers.

Backtesting & Optimization

For meaningful testing, use the most accurate historical tick data available for your broker and symbol. Include realistic spread, commission, and slippage assumptions where applicable.

Evaluate more than net profit. Review maximum drawdown, profit factor, trade count, average trade, and performance across different market conditions. Forward-test the selected settings on a demo account before live deployment.

Important Risk Disclaimer

GOLD Reaper v2 is a trading tool, not a guarantee of profit. No EA can guarantee consistent returns or prevent losses in every market condition. Backtest results do not guarantee future performance.

Use responsible risk settings and test thoroughly before trading real funds.

GOLD Reaper v2
Precision in Execution. Control in Risk Management.

Developed by Axentralab / VELOURA
MetaTrader 5 Expert Advisor


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Short description Counter-trend EA for AUDCAD/AUDNZD/NZDCAD. Low-risk mean reversion with controlled martingale and funding-account presets. Live monitoring Signal: https://www.mql5.com/en/signals/2257448 What it is A counter-trend mean-reversion Expert Advisor designed to produce steady monthly returns under conservative risk. Built for traders who prioritize capital protection (including funding account rules) and prefer transparent, testable logic. How it trades Entry logic: Sells/buys sho
Alpha Trades
Andriy Sydoruk
Alpha Trades Author: Andrii Sydoruk Version: 1.0 Release date: 31.10.2025 Description Alpha Trades is a trading expert designed to operate under various market conditions. The system uses an adaptive analytical approach that allows it to adjust to the current market structure. The algorithm is built as a multi-level strategy combining regression analysis, dynamic volatility filters, order series management, and money management. Key Features Adaptive analytics — determines the trading direction
The Forex Exchanger MT5
Fabio Cavalloni
5 (6)
All explainations about the strategy:  https://www.mql5.com/en/blogs/post/747470 Live signals:  Main account:  https://www.mql5.com/en/signals/1416185 Second account:  https://www.mql5.com/en/signals/2111323 Here I will explain only the EA inputs part. This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day! Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and experience I'v
Strong mt5
Andriy Sydoruk
2 (1)
Strong: A Powerful Forex Bot for Multi-Currency Trading Strong is an automated tool for trading on the Forex market, utilizing modern technologies and algorithms. It is designed for traders who aim to improve the efficiency of their trading and reduce risks in a constantly changing market. Key Features of Strong Multi-Profile Trading: Strong supports a wide range of currency pairs, including both major and exotic assets. This allows traders to diversify their portfolios and adapt strategies to
It will never Stopp, When you Sleep Gold Hedge Pro v11 For beter Result, Run Gold Hedge Pro v11 3 month to 6 month Advanced Gold Hedging & Progressive Recovery Expert Advisor for MetaTrader 5 Gold Hedge Pro v11 is an automated MetaTrader 5 Expert Advisor designed for traders who want a structured initial hedge, directional confirmation, progressive lot scaling, profit-based stage management, and basket-level profit protection . The EA begins by opening a Buy and Sell position simultaneously . In
THE GOLD DIGGER - A SCALPER LIKE NO OTHER Precision. Purpose. Performance. NOT JUST AN EA – A PRECISION ENGINEERED XAUUSD SCALPING SYSTEM PythonX M1 Scalper isn’t just another Gold EA — it’s a specialized, high-performance scalping framework built exclusively for XAUUSD on the M1 timeframe . It has been engineered to deliver precise entries, smart risk control, and consistent returns over time — not just in ideal conditions, but across 9 major brokers over multi-year periods. With a starting bal
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CentFast — Fast & Flexible MT5 Trading EA Automate Your Trading. Customize Your Strategy. Stay in Control. CentFast is a configurable Expert Advisor (EA) for MetaTrader 5, designed for traders who want flexible automated trading with integrated position management and risk-control options. With customizable trading direction, position sizing, trading sessions, trailing stops, break-even management, news protection, and an informative on-chart dashboard, CentFast gives you the tools to configure
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Quantum Scalper EA Intelligent Trading. Structured Risk Management. Professional Control. Quantum Scalper EA is an automated trading solution designed for traders who prefer a structured, trend-oriented scalping approach with integrated trade management and configurable risk controls. Built for MetaTrader 5, it combines automated trade execution, market-condition assessment, volatility-based trade management, and an informative on-chart dashboard in one customizable Expert Advisor. Key Features
ApexPulse HFT EA
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ApexPulse HFT EA — Automated Trading System LIMITED-TIME LAUNCH OFFER Regular Price: $499 Special Offer Price: $120 Limited Offer: Only 6 Copies Get ApexPulse HFT EA at a special launch offer price of $120 instead of $499 . This limited offer is intended for traders who want to access the EA at a reduced price. The offer is limited to 6 copies. Once the offer ends or the allocated copies are sold, the price may return to the regular price. 1. Overview ApexPulse HFT EA is an automated tradi
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Nazat Hossain Adi
Axiom Pulse Axiom Pulse is an automated trading solution for MetaTrader 5, designed for traders who want a structured and configurable trading environment. The EA includes trade management tools, customizable parameters, and built-in controls to help users configure its operation according to their trading preferences and broker conditions. Key Features Automated Trade Management — manages trading operations according to the EA's configured settings. Customizable Parameters — adjust supported se
Scalping Robot GOLD V1 — Automated Gold Trading System for MetaTrader 5 Scalping Robot GOLD V1 is an automated trading system for MetaTrader 5, designed to trade using a candle-based straddle strategy with pending orders, trailing stop management, and reversal-order logic. The EA places Buy Stop and Sell Stop orders at configurable distances from the current candle's opening price. When a position is opened, the robot manages the stop loss using a trailing-stop mechanism. If the position closes,
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