The Gold Reaper V2.3 MT4 EA

Gold Reaper EA – The Ultimate Prop Firm-Ready Trading Solution

Introducing Gold Reaper EA – Your Ultimate Trading Companion

Built upon the success of GoldTrade Pro, the Gold Reaper EA is designed to maximize profits while minimizing risk. This advanced trading tool adapts dynamically to market conditions, ensuring consistent performance with controlled drawdowns and robust recoveries. Whether trading on a personal account or tackling a prop firm challenge, this EA delivers outstanding results.

Why Choose Gold for Trading?

Gold (XAUUSD) is one of the most volatile forex instruments, making it ideal for breakout strategies. The Gold Reaper EA automatically adjusts trade frequency and lot size based on your account balance and maximum allowed drawdown, ensuring a safe and profitable trading experience.

Gold Reaper EA: Key Features & Benefits

• Fully Automated Trading – Smart algorithms handle execution hands-free.
• Prop Firm Ready – Compatible with FTMO, MyForexFunds, and similar firms.
• No Martingale, No Grid – Safe, sustainable money management.
• Multi-Timeframe Trading – Simultaneous execution across multiple timeframes.
• Auto-Adapts to Balance & Drawdown – Dynamic lot sizing and trade frequency.
• Built-in News Filter & NFP Protection – Avoids high-impact economic events.
• Proven Backtested Results – Stable growth with low drawdowns and fast recoveries.
• Accessible to All Traders – Minimum account balance requirement of $300.
• Breakout Strategy Based on Key Levels – Trade Gold like a pro.

Backtesting & Performance

Gold Reaper EA has undergone extensive backtesting using the longest available historical data from multiple broker price feeds. These tests confirm a steady growth curve, controlled drawdowns, and rapid recoveries in various market conditions.

Unlike EAs that overpromise with unrealistic AI-driven claims, Gold Reaper EA is based on real, tested strategies optimized for live execution. Traders benefit from real-world performance rather than just backtest simulations.

Gold Reaper EA vs. GoldTrade Pro – Can They Work Together?

While both EAs employ a breakout trading approach, their correlation remains surprisingly low. Running them together can enhance profit potential while maintaining or even reducing drawdowns.

Need guidance on using both EAs together? Contact us via private message.

Setup & Parameters

Installation & Setup:

• Designed for XAUUSD.
• Auto-adjusts trade frequency based on account balance and drawdown settings.
• Option to manually set trade frequency to match risk tolerance.
• Timeframe selection is fully automated – no manual adjustments required.

Backtesting:

• Run on XAUUSD using default settings.
• Adjust maximum allowed drawdown to explore different risk profiles.
• Modify trade frequency for different trading styles.

Advanced EA Settings & Parameters

• ShowInfoPanel – Displays real-time trading stats.
• Trade Frequency – Adjustable from conservative to aggressive (Default: Auto).
• Max Allowed Spread – Prevents execution in high-spread conditions.
• Friday Stop Hour – Avoids holding trades over the weekend.
• Stop Loss & Take Profit – Every trade is safeguarded with SL & TP.
• Randomization – Varies entry/exit points to prevent identical trades across multiple users (ideal for prop firms).
• Lot Size Calculation Method – Choose from Fixed, Auto, or Max Drawdown-based sizing.
• Max Allowed Drawdown – Set a preferred drawdown limit (in %).
• Max Daily Drawdown – Closes all trades if daily drawdown is reached (ideal for prop firms).
• Equity vs. Balance Calculation – Customizable lot size determination.
• NFP & News Filter – Avoids high-impact economic events for reduced risk.
• Auto GMT Settings – Ensures correct trading hours based on broker time.
• Magic Number & Trade Comments – Customizable trade identification.

🚨 Important: To enable Auto GMT, add this URL to your MT4/MT5 terminal’s allowed URLs: 🌐 https://www.worldtimeserver.com/

Is Gold Reaper EA Right for You?

Gold Reaper EA is a highly advanced trading solution specifically built for Gold trading. Whether you’re a retail trader or a prop firm challenger, this EA offers automated precision, effective risk management, and adaptability to evolving market conditions.

Additional Resources:

• • Recommended VPS: Ensure low-latency, high-performance trading with Unlock EA’s VPS hosting.
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