Gold Reaper X
- Experts
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Mohd Feroze
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 - Versão: 1.3
- Atualizado: 15 julho 2026
Gold Reaper X – Professional Gold Scalping EA (XAUUSD)
Gold Reaper X is a high-frequency automated trading system developed exclusively for Gold (XAUUSD) on the M1 timeframe. It is optimized for brokers offering low spreads and fast execution.
The EA combines a higher-timeframe H1 trend filter with an adaptive recovery grid logic, allowing it to trade short-term volatility while adjusting to changing market conditions.
Key Features
| Adaptive Profit Target System | Automatically scales take-profit targets relative to lot size and market movement. |
| Survival Mode (Drawdown Protection) | When drawdown exceeds a defined level, the EA switches to capital preservation mode and prioritizes basket recovery toward breakeven. |
| 30% Hard Equity Stop | Trading is forcefully stopped if account equity drawdown reaches 30%, providing an additional safety layer. |
| Trend-Filtered Entries | Trades are aligned with H1 market direction to reduce counter-trend exposure. |
| Weekend Protection | Optional Friday close to reduce weekend gap risk. |
| Real-Time Dashboard | Displays EA status, daily P/L, drawdown, and active trade layers. |
Strategy Tester Summary
| Initial Deposit | $3,000 |
| Net Profit | $71,182 |
| Profit Factor | 1.44 |
| Recovery Factor | 4.97 |
| Win Rate | ~67% |
Results shown are based on MT5 Strategy Tester under specific conditions. Performance may vary depending on broker, spread, execution, and settings.
These results were achieved under specific historical market conditions and may not reflect performance on live accounts, where spread, slippage, execution speed, and broker conditions can vary significantly. Past results do not guarantee similar outcomes in live trading.
Recommended Settings
| Symbol | XAUUSD |
| Timeframe | M1 |
| Account Type | ECN / RAW / Low-Spread |
| Leverage | 1:500 or higher |
| Minimum Deposit | $1,000 (0.01 lot) |
| Recommended Deposit | $3,000+ (lot size configurable based on risk preference) |
Installation
- Open an XAUUSD chart on the M1 timeframe.
- Attach Gold Reaper X to the chart.
- Keep default settings (InitialLot = 0.01).
- Enable Algo Trading.
Support & Updates
Support is available via MQL5 private messages. Free updates are included for all buyers. Risk-based set files are available on request.
Risk Warning
Gold Reaper X uses a recovery/grid-based trading logic and includes safety mechanisms such as Survival Mode and a 30% Hard Equity Stop. Despite these protections, trading Gold involves significant risk. Past performance does not guarantee future results. Always test on a demo account before using real funds.
Developed by Mohd Feroze — Algorithmic Trading Developer

I tested out the EA and i'm really pleased by the results thanks to the author for providing this EA.