Rapid Reaper EA

4.29

The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Drawdown risk control
  • Always a stop loss in place
  • Favors high margin accounts
  • Hedge accounts only
  • No Grids
  • No Martingale
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots – Starting lot. Values from 0.01 to 1.00.
  • LotIncrease – Last trade lot addition. Values from 0.01 to 1.00.
  • LotMultiplierPer - Starting lot increase per account balance. Values from 1000 to 100000.
  • LotMultiplierPerMax – Limit for lot increase per account balance. Values from 1000 to 100000.
  • LotMax - Maximum lot size for trades. Values from 0.01 to 50.00.
  • BadDrawDownRecovery - Enable drawdown recovery, true/false.
  • BadDrawDownRecoveryTrigger - The equity drawdown percentage that triggers recovery to be active. Values from 1 to 99.
  • BadDrawDownRecoveryResult - The equity drawdown percentage that triggers closure of all positions. Values from 1 to 100.
  • BadDrawDownRecoveryEquityGain - Gain of equity to close all positions. Values from 1.1 to 2.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • AllowNewTrades - Turn this off to disable new trade groups, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • TimeFrameHigh - Higher timeframe drop-down selection to lock EA trend identification to a timeframe.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TargetPips – The target gain in pips for groups of trades. Values from 1 to 100.
  • StepPips – The minimum pips against a trade group before opening another position. Values from 1 to 100.
  • StopLoss – Stop loss per trade in pips. This is only an emergency stop loss, should be set high. Values from 500 to 2000.
  • TakeProfit – Can be left as a high figure, positions get take profit updated by the averaging system. Values from 500 to 2000.
  • ExtraSpacingThreshold – Number of trades in a group to trigger increased position spacing. Values from 10 to 1000.
  • ExtraSpacingMultiplier – StepPips multiplier when ExtraSpacingThreshold has been reached. Values from 1.1 to 3.0.
  • CounterThreshold – Number of trades in a group to increase lots size in hedged positions. Values from 5 to 1000.
  • CounterMultiplier – Hedged lot multiplier when CounterThreshold has been reached. Values from 1.1 to 10.0.
  • TradeOnSunday - Enable trading on Sunday, true/false.
  • BollingerBandEntry - enable bollinger band entry, true/false.
  • BollingerBandPeriod - bollinger band period. Values 1 to 100.
  • BollingerBandStdDev - bollinger band standard deviation. Values 1.0 to 5.0.

Optimization & Defaults

Default input values are for GBPUSD M5. If optimizing, optimization of LotIncrease, LotMax, TargetPips, StepPips are needed to find the best results. Use ExtraSpacingThreshold, CounterThreshold and BadDrawDownRecovery to counter drawdown.
Avis 12
ruecha_m
411
ruecha_m 2024.01.05 06:05 
 

After testing for more than 2 months, I'm very satisfied with EA performance.

ozzfrancisco
74
ozzfrancisco 2022.12.14 22:03 
 

funcionando perfeitamente, obrigado

Ahmed Sarıkaya
2724
Ahmed Sarıkaya 2022.11.17 20:35 
 

good.

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Experts
Conçu pour dominer le marché de l'or. Informations officielles Profil du vendeur Chaîne officielle Guide de l'utilisateur PRIX LIMITÉ — $799 Aura Gold Pro Edition est disponible au prix de $799 jusqu’à la fin du mois de septembre. À partir du 1er octobre, le prix passera à $999 — profitez-en avant l’augmentation. Signal de trading en direct  Roboforex   https://www.mql5.com/en/signals/2366593 FPMarkets   https://www.mql5.com/en/signals/2358523 ICTrading   https://www.mql5.com/en/signals/2380859
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5 (6)
Experts
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Jorge Luiz Guimaraes De Araujo Dias
5 (3)
Experts
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Adam Hrncir
4.4 (30)
Experts
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Bogdan Ion Puscasu
4.96 (220)
Experts
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Experts
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Benicanoko
3.86 (7)
Experts
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Lo Thi Mai Loan
5 (5)
Experts
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4 (12)
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5 (2)
Experts
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4.58 (24)
Experts
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Fan Yang
3.78 (36)
Experts
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Shengzu Zhong
4.5 (4)
Experts
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Bogdan Ion Puscasu
4.84 (506)
Experts
Présentation       Quantum Emperor EA   , le conseiller expert MQL5 révolutionnaire qui transforme la façon dont vous négociez la prestigieuse paire GBPUSD ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Achetez Quantum Emperor EA et vous pourriez obtenir Quantum StarMan  gratuitement !*** Demandez en privé pour pl
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Robots4Forex Ltd
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Robots4Forex Ltd
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Robots4Forex Ltd
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Robots4Forex Ltd
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Robots4Forex Ltd
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The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive t
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Robots4Forex Ltd
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The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/ro
Custom EA MT5
Robots4Forex Ltd
Experts
Custom EA est un expert-conseil (EA) entièrement automatisé et personnalisable, conçu pour les traders qui souhaitent avoir un contrôle total sur leurs stratégies de trading. Il s'intègre parfaitement aux indicateurs tiers, offre de nombreuses stratégies d'entrée et de sortie intégrées et comprend des fonctionnalités avancées de duplication des trades. Que vous automatisiez vos trades, développiez une stratégie basée sur un réseau neuronal ou copiiez des trades entre comptes, Custom EA est la so
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Rihanna2.1
24
Rihanna2.1 2024.06.22 13:04 
 

O Rapid Reaper EA para MT4 deixa muito a desejar quando se trata de lucratividade. Apesar de sua propaganda de ser um robô de trading eficiente e lucrativo, a realidade é que ele falha em gerar retornos consistentes. Sua estratégia parece ser mal calibrada, resultando em perdas frequentes que superam os ganhos ocasionais. Além disso, a falta de flexibilidade e a ineficácia em se adaptar a diferentes condições de mercado tornam este EA uma má escolha para traders que buscam estabilidade e crescimento de capital.

ruecha_m
411
ruecha_m 2024.01.05 06:05 
 

After testing for more than 2 months, I'm very satisfied with EA performance.

Kgashane Junior Shai
151
Kgashane Junior Shai 2023.01.01 04:36 
 

So far so good, I tried many before but this one does exactly what I have been looking for. Thanks a lot.

Ravan
20
Ravan 2022.12.30 18:58 
 

L'utilisateur n'a laissé aucun commentaire sur la note

ozzfrancisco
74
ozzfrancisco 2022.12.14 22:03 
 

funcionando perfeitamente, obrigado

Ahmed Sarıkaya
2724
Ahmed Sarıkaya 2022.11.17 20:35 
 

good.

Rik672001
310
Rik672001 2022.11.03 08:46 
 

This is working well for me Thank you

gobonaone chikanda
118
gobonaone chikanda 2022.10.05 22:06 
 

Very good EA

Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.09.27 07:36 
 

Negative feedback!

sanoj ik
130
sanoj ik 2022.04.23 03:52 
 

EVEN WITH DEAFAULT SETTINGS ITS A SAFE AND STEADY WINNER WITH A DECENT PROFIT GAIN OF 40% IN ONE MONTH

SOME TIPS WHICH MAY BE USEFUL TO USERS (BUT USE IT ON YOUR OWN RISK ONLY AFTER TESTING)

ALSO WITH TAKE PROFIT 9 PIPS SETTINGS IT IS GIVING MUCH MORE BETTER RESULTS IN GBPUSD

AND ALSO ONE MORE IMPORTANT TIP

PLEASE MAKE THE DRAWDOWN RECOVERY TO TRUE WHICH IS FALSE IN GBPUSD DEFAULT SETTINGS

I BLOWN OUT ONE SMALL ACCOUNT WHILE TESTING {NOT WITH DEFAULT SETTINGS (DEFALT SETTINGS IS SAFE) - WITH MY SPECIAL TESTING PAPAMETERS} WHEN THERE WAS A SUDDEN DROP IN PRICE

dragonmark
175
dragonmark 2022.03.23 11:37 
 

Good

ebiotuburutu
94
ebiotuburutu 2022.02.20 09:55 
 

L'utilisateur n'a laissé aucun commentaire sur la note

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