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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.
  • ExtraSpacingMultiplierStepPips 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
386
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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Promotion de lancement  Il ne reste que 3 ventes à acheter au prix actuel. Prochain prix : $1233 Obtenez gratuitement le Nasdaq Algo EA -> contactez-moi après l'achat Live signal - 1:    https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Live signal - 2:  https://www.mql5.com/en/signals/2242066?source=Site+Profile+Seller#!tab=account Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT4 :  https://www.mql5.com/en/market/product/116012?
TrendMaster FX
Chen Jia Qi
4.45 (83)
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The law of Jungle MT5
Inrexea Limited
5 (1)
Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
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Yu Mei Cheng
4.25 (72)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
Burger Layers
Wawan Gunawan
5 (1)
Introducing Full Automatic dan Powerful Burger Layers EA. Only 1 copies left at the current price, Next Price 699 USD Burger Layers EA monitors price movements to carry out analysis using an algorithm built to determine the beginning of a trend change. Next, determine the price level that has a high probability of carrying out a transaction, and wait a pullback. Live Signal Burger Layers EA   is an Expert Advisor that is safe and design for long-term use. Backtest   Result is Impressive and  not
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Dilwyn Tng
4.83 (24)
Version MT4: https://www.mql5.com/en/market/product/104871 Moniteur de performance du défi HFT MT5 (pas pour compte réel): Courtier: Fusion Market Identifiant: 89600 Mot de passe: Greenman89$ Serveur: FusionMarkets-demo Plus de 700 avis authentiques 5 étoiles pour la version MT4 publiée précédemment: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canal public: https://www.mql5.com/en/channels/hftpropfirmea Version MT4: https://www.mql5.com/en/market/product/104871 Cara
Bitcoin Robot MT5
Marzena Maria Szmit
4.43 (40)
The Bitcoin Robot MT5 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 same time. Bit
Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
Vous êtes-vous déjà demandé pourquoi la plupart des conseillers experts ne sont pas efficaces dans le trading en direct, malgré leurs performances parfaites en backtest ? La réponse la plus probable est le surajustement. De nombreux EAs sont créés pour "apprendre" et s'adapter parfaitement aux données historiques disponibles, mais ils échouent à prédire l'avenir en raison d'un manque de généralisabilité dans le modèle construit. Certains développeurs ne connaissent tout simplement pas l'existen
Parrots Breaker
Siti Hadijah Lena
3.75 (4)
Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Apocalypse Gold
Xian Qin Ceng
5 (7)
Beaucoup de gens aiment le trading XAUUSD, et je ne fais pas exception. Après avoir accumulé une certaine expérience de trading et un travail acharné, j'ai créé cet Apocalypse XAU EA spécifiquement pour trader toutes les variétés liées à XAU, telles que XAUUSD/XAUEUR/XAUGBP/XAUCHF/XAUJPY/XAUAUD. Cependant, étant donné que de nombreuses personnes n'ont peut-être pas besoin de négocier toutes les paires de devises XAU, mais uniquement de négocier XAUUSD, une EA d'entrée de gamme devient très signi
Gold GPU
Maksim Dmitriev
5 (1)
Offre spéciale :     Après la vente de 8 exemplaires, le prix sera augmenté (il en reste 1).     Prix régulier : 540 $     Prix réduit (offre limitée) : 380 $ Si vous avez des questions, n'hésitez pas à m'envoyer un message privé : https ://www.mql5 .com /en /users /abudabi (envoyer un message) Aperçu      Conseiller Expert en Suivi de Tendances     Utilise l'intelligence artificielle pour reconnaître les tendances du marché.     A été testé pendant plus de 10 ans avec des données de tic
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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4 (7)
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Robots4Forex Ltd
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Robots4Forex Ltd
3.67 (3)
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Robots4Forex Ltd
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Robots4Forex Ltd
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2.5 (4)
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Complex Chaos EA
Robots4Forex Ltd
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Robots4Forex Ltd
1 (1)
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The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring
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Robots4Forex Ltd
1 (1)
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The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. 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 c
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Robots4Forex Ltd
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Robots4Forex Ltd
3 (2)
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Robots4Forex Ltd
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2.33 (3)
The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz
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Aeon
Robots4Forex Ltd
Aeon is a fully automated Expert Advisor that trades multiple currencies. The EA trades using market orders and uses averaging to turn otherwise negative trades positive. This EA works best on the M5 timeframe. A VPS is advisable when trading this system. 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
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Night Lottery EA Lite MT4
Robots4Forex Ltd
4 (5)
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, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://www
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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
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
Night Lottery EA
Robots4Forex Ltd
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/r
Custom EA MT5
Robots4Forex Ltd
Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
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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
386
ruecha_m 2024.01.05 06:05 
 

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

Kgashane Junior Shai
128
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
295
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
13023
Cristian Mihail Pauna 2022.09.27 07:36 
 

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

sanoj ik
93
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

Répondre à l'avis
Version 1.3 2018.08.07
Added TradeOnSunday option. Added BollingerBandEntry option.
Version 1.2 2018.07.06
FIxed bug when restarting MetaTrader.