ETH Reaper

Overview

ETH Reaper is an Expert Advisor for MetaTrader 4 designed for ETHUSD-type symbols.
It evaluates signals on new bars and combines a Stochastic crossover with a Bulls Power filter for entries.
Position management includes Stop Loss, Take Profit, and an optional trailing stop when Stop Loss is enabled.
Additional protections are available for spread, exposure limits, daily limits, and account-level safeguards.
A built-in News Filter can pause new entries around selected events when enabled.

What the EA Does

On each new candle, the EA checks session availability and the active protection rules.
If there is no open position for the current symbol and Magic Number, it evaluates entry conditions.
Long/short entries are based on a Stochastic main/signal crossover, confirmed by a Bulls Power threshold.
When opening a trade, it uses the configured lot size and places Stop Loss / Take Profit if enabled.
While a position is open, the EA monitors a candle-sequence exit rule and can close when the condition appears.
If trailing stop is enabled, the EA can adjust the Stop Loss level as price moves.

Key Features

  • Stochastic crossover entry logic (main vs signal line)

  • Bulls Power filter for entry confirmation

  • Candle-sequence exit based on consecutive bullish/bearish candles

  • Stop Loss / Take Profit (set 0 to disable)

  • Optional trailing stop (requires Stop Loss > 0)

  • Entry protections: spread limit, max open positions, max total lots

  • Daily and account protection limits (suspends new entries and may close an open trade)

  • Optional News Filter with currency and impact selection

Risk Management & Safety Notes

Trading involves risk, and market volatility can lead to losses.
Crypto CFD conditions (spread, slippage, execution) differ by broker and can change during active sessions.
Stop Loss, Take Profit, trailing stop, and protection limits are user-defined; validate values for your symbol specification.
If Stop Loss is disabled, trailing stop will not be active.
The News Filter requires enabling WebRequest permission in the terminal for the news host used by the EA (shown in terminal messages when needed).
Always test on a demo account first and evaluate behavior with your broker’s data and execution conditions.

Inputs

Core Settings

  • Magic_Number: unique identifier for the EA’s orders

  • Entry_Amount: trade volume (lots)

  • Stop_Loss: SL in pips (0 = disabled)

  • Take_Profit: TP in pips (0 = disabled)

Indicators

  • Stochastic: K period, D period, smoothing period

  • Bulls Power: period, trigger level

Exit Condition

  • Min candle body (pips): minimum body size to count a candle

  • Consecutive candles: number of consecutive candles required for the exit signal

Protections & Filters

  • Max_Spread: maximum allowed spread (0 = no limit)

  • Max_OpenPos: maximum open positions across all EAs (0 = no limit)

  • Max_OpenLots: maximum total lots across all EAs (0 = no limit)

  • MaxDailyLoss / Max_Daily_DD / Daily_Reset: daily limits and reset hour

  • Min_Equity / MaxEquity_DD / Max_Equity: account protection thresholds

News & Display

  • News_Priority and News_Currencies: impact level and currencies to monitor

  • News before/after minutes: pause windows around events

  • Pos_Stat / Robot_Stats: on-chart information panel options

Setup

  1. Install the EA in MT4 and restart the terminal (or refresh the Navigator).

  2. Open an ETHUSD (or broker-equivalent) chart and set timeframe to H1.

  3. Attach ETH Reaper to the chart and enable Algo Trading.

  4. Set Entry_Amount and review Stop_Loss / Take_Profit according to symbol digits and broker stop-level rules.

  5. (Optional) Enable trailing stop by keeping Stop_Loss > 0 and ensuring trailing is enabled in the EA.

  6. (Optional) Configure protections (spread/exposure/daily/account) before running.

  7. If using News Filter, allow WebRequest for the required news host as instructed in the terminal messages.

Recommended Evaluation

Run the EA in Strategy Tester to observe order placement, SL/TP handling, trailing stop behavior, and exit timing.
Use your broker’s historical data and realistic spread settings when available.
Verify symbol specification details (digits, minimum stop distance, trading hours) to avoid rejected orders.
Then forward-test on a demo account to check execution, slippage sensitivity, and any News Filter permissions.
Review the Experts and Journal tabs for messages related to protections, trading permissions, or WebRequest access.

Compatibility

Platform: MetaTrader 4 (MT4).
Symbol: intended for ETHUSD-type instruments; broker symbol names may vary.
Timeframe: designed for H1; other timeframes should be evaluated separately.
Operation: one position per symbol per Magic Number; multiple charts are possible with different Magic Numbers.

FAQ

Q: Does it use grid, martingale, or averaging?
A: No. It opens a single position per signal using the lot size you set.

Q: Can I disable Stop Loss or Take Profit?
A: Yes. Set Stop_Loss and/or Take_Profit to 0 to disable them.

Q: Why is trailing stop not working?
A: Trailing requires Stop_Loss > 0 and trailing enabled. Also confirm broker stop-level constraints.

Q: What triggers the exit?
A: The EA checks for a sequence of consecutive bullish/bearish candles meeting the minimum body-size rule.

Q: Why are entries blocked sometimes?
A: Protections may block entries due to spread/exposure limits, daily limits, account protection thresholds, or an active News Filter window.

Q: How do I get support?
A: Support is provided via MQL5 comments or MQL5 messages.


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Ianina Nadirova
5 (1)
Recovery Manager Pro é um sistema para recuperar saques de outros consultores ou de pedidos abertos manualmente. O RM Pro tem a capacidade de ajuste automático e dinâmico. O trader precisa selecionar o nível de risco e o consultor trabalhará em modo totalmente automático. Pode funcionar no modo de recuperação de rebaixamento e no modo de espera! Se outro consultor gerar um saque, o RM Pro irá desativá-lo, bloquear a posição e iniciar o processo de restauração do depósito por meio de fechamentos
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ORIX System — um robô de trading desenvolvido especificamente para o par de moedas GBPUSD no timeframe M5 . O Expert Advisor é baseado na análise do comportamento do preço e dos elementos da estrutura de mercado, e não utiliza indicadores técnicos padrão. O EA não utiliza martingale, grids de negociação, média contra o mercado, hedge, abertura de operações sem stop loss, nem trading de alta frequência ou caótico. Live signals Requisitos e recomendações principais Par de moedas: GBPUSD Timeframe
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Felipe Jose Costa Pereira
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SwapFree Adaptive Scalper EA - é um sistema de negociação de scalping multipar totalmente automático, seguro e confiável! Este é um Expert Adviser "configure e esqueça" que faz todo o trabalho de negociação para você! 9 Set_files disponíveis para 9 pares! Baixe os arquivos de configuração (Set_files) dos EAs para teste e negociação: GBPCHF Set_file EURCHF Set_file GBPCAD Set_file EURAUD Set_file AUDCAD Set_file USDCHF Set_file GBPAUD Set_file EURCAD Set_file USDCAD Set_file Características do
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Michela Russo
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Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
O EA PRO MULTI SNIPER é um sistema de negociação automática de alta qualidade com precisão de cerca de 90% para a plataforma MT4. Este EA de scalping lucrativo é realmente um dos sistemas mais estáveis ​​do mercado atualmente.  M15 timeframe!   No Grid! No Martingale! É um produto original oferecido apenas neste site MQL5. Baixe os arquivos de configuração (Set_files) do EA para teste e negociação: GBPCAD Set_file GBPAUD Set_file Recursos exclusivos do EA: - Métodos de aprendizado de máquina
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1 (4)
FlipDamonHFT is a fully automated Expert Advisor for MetaTrader 4, developed for trading XAUUSD (Gold) on the M15 timeframe. It uses a high-frequency approach combined with advanced risk controls to identify and capture short-term opportunities in the gold market. The EA is designed for traders who understand the high-risk nature of HFT strategies. It focuses on precision execution, dynamic position sizing, and multi-layer protection to manage trades during volatile gold movements. Key Features
Live Signal on Vantage https: // www.mql5.com/en/signals/2378090 https: // www.mql5.com/en/signals/2378091 live signal is running mode/option 1 with autolot 2 % risk. Add webrequest for news filter https: //nfs.faireconomy.media Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for MetaTrader 4, this EA capitalizes on high-probability volatility expansions using a precise, dynamically calcula
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