Gold Reaper X Pro
- Эксперты
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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 - Версия: 2.10
- Обновлено: 31 августа 2026
- Активации: 5
Gold Reaper X PRO v2.10
Strict Single-Position Trend Following & Dynamic Risk Management for XAUUSD
Gold Reaper X PRO v2.10 has been completely re-architected for disciplined, institutional-grade risk control. The grid, basket, and martingale recovery systems have been 100% removed. The EA operates strictly on a single-trade model where every position has a hard Stop Loss, Take Profit, and dynamic risk-per-trade calculation.
Notice for Existing Buyers (v1.x → v2.10 Update Guide)
| Discard Old .set Files | Do NOT load older v1.x .set files. The legacy grid parameters (MaxLayers, Grid_ATR_Mult, BasketDD_StopPct, SmartLot) have been completely removed. Version 2.10 is pre-configured and optimized out of the box. |
| Reset Inputs on Update | After updating the EA via the MT5 Market tab, open the EA properties window (press F7), click the Reset button to load the clean v2.10 default inputs, and adjust your RiskPercent or MaxSpreadPoints as needed. |
| Close Legacy Baskets First | If you are currently running v1.x with active open recovery positions, allow the basket to complete its cycle or close all positions manually before attaching the v2.10 update. |
Core Strategy & Specifications
| Trading Symbol | XAUUSD (Gold) |
| Timeframe | M1 (1-Minute Chart) |
| Position Limit | Strictly 1 open trade at a time (Zero grid layers / No averaging down) |
| Entry Engine | Fast/Slow EMA Trend Cross (20/50) + RSI 50 Midline Momentum Confirmation |
| Lot Sizing Mode | Automatic Risk Percent (1.0% default) calculated via SL distance, or Fixed Lot |
| Firm & Prop Pass | Compatible with strict drawdown and no-grid rules on Prop Firm challenges |
Risk Management & Exit Protections
| Hard SL & TP | Every position opens with fixed Stop Loss (400 pts) and Take Profit (1200 pts). |
| Exit on Reverse Cross | Closes trades early if the EMA trend flips against the open position before hitting SL. |
| Dynamic Trailing Stop | Locks in profit once price advances past 200 points, trailing 100 points behind market price. |
| Partial Close (Scale Out) | Optional feature to automatically bank 50% volume at 1R profit, letting remainder run risk-free. |
| Anti-Overtrading Cooldowns | Enforces dedicated waiting timers: 30 min after SL and 5 min after TP. |
| Spread Protection | Blocks new entries during news spikes, illiquid rollovers, or elevated broker spreads. |
| Friday Auto-Close | Closes positions before the weekend (20:00 server time) to eliminate weekend gap risk. |
Interactive On-Chart Dashboard & News Control
| Live Market Telemetry | Real-time EMA Trend (Bullish/Bearish/Neutral), RSI value, live Spread (points), and Floating P/L. |
| Account Metrics | Tracks Balance, Equity, Open Positions count, and Active Mode. |
| Manual Action Controls | On-chart buttons: START (resume), STOP (pause new entries), and CLOSE (instant close). |
| Manual News Protection | Easily pause trading during high-impact news (CPI, NFP, FOMC) by clicking STOP 1 hour before the release, and click START 1 hour after to resume safely. |
| Persistent Memory | Manual pause states remain saved across terminal restarts and VPS updates. |
Account Sizing & Capital Guidance
| $500+ (Recommended) | Optimal for Standard/ECN accounts. Provides ample margin cushion with 1:100 to 1:500 leverage. |
| $100 (Minimum Deposit) | Can be traded on micro-lot (0.01) ECN brokers at user's own risk. Set RiskPercent = 1.0 or use small fixed lots. |
| Cent Accounts | Ideal for micro deposits ($10–$50) to observe live execution with fractional lot scaling. |
| Recommended Leverage | 1:100 to 1:500 (Higher leverage reduces initial margin requirement on Gold). |
| VPS Latency | Low-latency VPS (<20ms to broker server) recommended for M1 trailing-stop execution. |
Important Setup & Trading Notes
Plug-and-Play Defaults: Pre-configured out of the box. No external .set files are needed.
High-Impact News Protocol: To prevent slippage and erratic spreads during major red-folder events (CPI, NFP, Fed Interest Rates), simply click the on-chart STOP button 1 hour before the event to halt new signals. Once the market stabilizes 1 hour after the release, click START to resume trading.
Broker Spread Configuration: Gold is priced in either 2 or 3 decimals depending on your broker. Always check your MT5 Market Watch spread column and adjust MaxSpreadPoints to match your broker's digit structure.
Demo Testing Protocol: Every trader has different risk tolerance. Always forward-test on a Demo account for at least 2–4 weeks to observe trade frequency and execution quality before deploying on live capital.
For configuration assistance or broker compatibility questions, message me directly via MQL5.
Developed by Mohd Feroze — Algorithmic Trading Developer
Good EA support. I have run this on Demo and Live account. Been running this for 1 weeks. It is great. Drawdown level per day is less than 10% I hope that developer can create a setting for $100-300 capital. I have tried few others EA, but their drawdown is 60-80% per day. Thank you to this developer.