What is The Gold Reaper MQ4?

The Gold Reaper EA build on the highly successful Goldtrade Pro EA operates seamlessly on the Meta Trader 4 platform. This EA is engineered to function across multiple timeframes concurrently, offering a spectrum of trade frequency options ranging from conservative to highly volatile. Employing a plethora of confirmation algorithms, it meticulously selects optimal entry points, while internally executing multiple strategies to diversify trade risks. Every trade is equipped with both stop-loss and take-profit mechanisms, complemented by trailing stop-loss and take-profit features to mitigate risks and maximize trade potentials.

Vendor website: https://www.mql5.com/en/market/product/111467

Original price: $849

ForexEAshop price: $29 (You Save 99%)

Who’s Behind the Creation?

This Expert Advisor is developed by Wim Schrynemakers, who brings over 12+ years of experience forex ea robot on MQL5 to the table. He has worked on several notable products, including Gecko, The Gold Phantom, Ultimate Breakout System, and the highly successful The Gold Reaper EA, which stands out as his top-performing creation.

Key Takeaways

• The Gold Reaper EA is designed to run on multiple timeframes, uses multiple confirmation algorithms, and employs various risk management strategies to trade breakouts of support and resistance levels for XAUUSD on Meta Trader 4.
• Expert Advisor adapts trade frequency and lot size based on account size and maximum allowed drawdown, with a minimum deposit requirement of $300 and a focus on avoiding grid and Martingale strategies.
• The EA offers easy installation and setup on charts, making it suitable for Prop Firms, and allows users to set their preferred maximum allowed drawdown.

The Gold Reaper EA Features

• Used on platform: Meta Trader 4
• Currency pairs: XAUUSD.
• Time frame: Any.
• Minimum Deposit: 300$.
• No grid, No Martingale, No risky risk management.
• Easy to use for Prop Firms.
• The EA will determine trade frequency and lotsize fully automatic.
• Very easy to use: install on chart, and set your prefered maximum allowed drawdown.

The Gold Reaper EA Reviews

Expert Advisor meticulously selects optimal entry points, while internally executing multiple strategies to diversify trade risks. Every trade is equipped with both stop-loss and take-profit mechanisms, complemented by trailing stop-loss and take-profit features to mitigate risks and maximize trade potentials. EA on account PepperstoneUK-Live 1:500 Profit 163%, Maximum drawdown 45.6%.

Signal link: Click to view

Experts Advisor on ICMarketsSC-MT5-2 account 1:500 profit 929%, Maximum drawdown: 32.6%, Max deposit load: 8.2%.

Signal EA on link other: Click to view

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

Features	Type
Trading platform	MetaTrader 4 (MT4)
Currency pairs	XAUUSD (Gold)
Time frame	Any time
Minimum deposit	300$
Recommend leverage	1:500
Setup files	Have setfiles
Product type	Without DLL / Unlimited / Free 1 Year Updates
Recommend Broker	Exness Broker / ICMarket Broker / Tickmill / Roboforex
Virtual Private Server (VPS)	FXVM (Lite VPS, Basic VPS, Advanced VPS, High Freq VPS)

How to install and run the The Gold Reaper EA Trading Bot in Metatrader 4?

1. Open the Metatrader 4 platform
2. From the top menu, click on “File”
3. Now click on “Open Data Folder”
4. Open the “MQL4” folder
5. Open the “Experts” folder
6. Copy the The Gold Reaper v4.1.mq4 file here
7. Then close and restart the MT4 platform
8. Attach the Expert Advisor to the chart

Now, you are ready to start using the The Gold Reaper v4.1 MQ4 Source Code With Setfiles!

If you have any questions regarding EA installation, you can view the information in the Help Center to assist you in installing the EA: Click to view

Note setup:

• Run on XAUUSD and set your trade frequency (automatic by default), and your prefered max allowed drawdown.
• Or set the trade frequency manually to your preference
• Timeframe of the chart doesn’t matter.

You can watching How to video set The Gold Reaper:

The Gold Reaper EA Downloads

Link download The Gold Reaper v4.1 MQ4 Source Code With Setfiles will be sent to your email after purchase.

Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

+ Source Code Download :

• The Gold Reaper v4.1.mq4 Source Code
• The Gold Reaper v4.1.ex4 Experts Advisor
• Unlimited / NoDLL / Build New / Presets
• FTMO / Prop Firm
• Free 1 Year Updates (If there is a new update, please check in the download on the forexeashop website or you can contact us via Email or Telegram Lucas Jason and provide proof of purchase, we will send you the update)

Shopping Guide and Important Information

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Beginner traders should research and learn about trading before using any EAs.

Please make sure you understand the risks involved with trading and that past performance is no guarantee for future results. (EA could also make losses).

The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.

Before use, please test the EA on a demo account first.

Happy trading!