Welcome to the Gold Reaper EA: Your Ultimate Gold Trading Solution

Gold Reaper is designed to run on multiple timeframes simultaneously, offering the flexibility to set trade frequency from very conservative to extremely volatile. Utilizing multiple confirmation algorithms, this EA ensures optimal entry prices while employing various internal strategies to spread trade risks.

Advanced Features for Optimal Trading

Every trade executed by Gold Reaper EA comes with a stoploss and takeprofit, along with trailing stoploss and takeprofit to minimize risks and maximize profits. This system is based on the proven strategy of trading breakouts of key support and resistance levels, making it particularly effective for the highly volatile gold market.

Gold Reaper EA auto-adapts trade frequency and lot size based on your account size and maximum allowed drawdown setting, ensuring a tailored trading experience. Backtests reveal a stable growth curve, controlled drawdowns, and quick recoveries, even under stress tests using various brokers’ price feeds.

No gimmicks—just a reliable trading system based on proven methods and extensive live execution experience. With over 15 years of developing automated trading systems, I create honest systems with a high probability of performing like backtests without any cheating.

Note to Gold Trade Pro Users

Although Gold Reaper EA and Gold Trade Pro run similar strategies on gold, their correlation is remarkably low. Running both EAs together can significantly boost growth while maintaining or even reducing maximum drawdown (see screenshot). For setup guidance, please contact me via private message.

Key Features

• Very easy to use: Install on the chart, set your preferred maximum allowed drawdown, and the EA automatically determines trade frequency and lot size.
• No grid, no martingale, and no risky risk management strategies involved.
• Delivers good results across the full historical data for XAUUSD.
• Ideal for prop firms.
• Minimum account balance: $300.

Backtesting and Setup for Gold Reaper

To backtest, simply run Gold Reaper EA on XAUUSD using default settings or adjust the maximum allowed drawdown to your preference. You can also manually set trade frequency to observe different results. The chart’s timeframe does not affect performance.

For setup, run the EA on XAUUSD and set trade frequency (automatic by default) and preferred maximum allowed drawdown. Manual trade frequency adjustment is also available. The chart’s timeframe remains irrelevant.

Performance and Reliability of Gold Reaper

Gold Reaper EA has been stress-tested for the longest available period for gold, using multiple price feeds from various brokers. The results show a robust system capable of handling different market conditions without failure. This EA does not rely on neural networks, machine learning AI, or unrealistic backtests; instead, it is built on solid, proven methodologies.

Summary of Gold Reaper