The Gold Reaper EA v3.3 MT4 with Propfirm Setfiles

The Gold Reaper EA MT4 Introduction

The Gold Reaper EA MT4 solves the persistent challenge of profitable automated gold trading through advanced algorithmic execution tailored specifically for XAUUSD market characteristics. This specialized MT4 expert advisor combines resistance level analysis with strategic stop-loss management to extract consistent profits from gold’s volatile price movements. With verified live trading achieving +169.59% gains while maintaining 13.14% drawdown, the system demonstrates reliable performance backed by transparent methodology and continuous developer support.

🔹Vendor website: Click here

About The Gold Reaper EA MT4’s Author

The Gold Reaper EA MT4 is developed by Wim, who has established a strong reputation for exceptional technical support and continuous product improvement within the trading community. User testimonials consistently highlight his outstanding assistance and commitment to enhancing the EA’s performance through regular updates and optimization guidance. His proactive development approach ensures the system remains effective as market conditions change, providing traders with ongoing value and adaptation capabilities.

Key Highlights

• Sophisticated Trading Engine: Automated XAUUSD system featuring resistance level detection, configurable stop-loss management, and adaptive drawdown controls ranging from conservative 3.50% prop firm settings to aggressive 75% configurations

• Specialized Gold Strategy: Employs resistance level identification integrated with strategic stop-loss placement, specifically calibrated for Gold market dynamics with position sizing optimization and recovery mechanisms designed for sustainable profit generation

• Advanced Risk Management: Incorporates adjustable maximum drawdown limits, comprehensive stop-loss integration, and proven profit factor achievements of 2.28-4.08 across different risk profiles, ensuring capital protection while maximizing return potential

• Documented Performance: Live trading results demonstrate +169.59% gain with 13.14% drawdown on professional accounts, while comprehensive backtests show profit factors of 2.28-4.08 and net profits ranging from $164K to $16.2M depending on risk configuration

• Risk Awareness: Users must understand that aggressive settings can produce significant individual losses when stopped out, and performance is highly dependent on Gold market conditions requiring proper parameter optimization

The Gold Reaper EA MT4 Recommended

• Trading Platform: MetaTrader 4 (MT4) primary optimization
• Pairs: XAUUSD (Gold) exclusive focus – Single instrument specialization for maximum effectiveness
• Supported Accounts: Standard, ECN, and professional account types – Tested with major brokers including RoboForex
• Timeframe: Multi-timeframe optimization confirmed through 4-year comprehensive backtesting
• Leverage: 1:300 demonstrated effective – Higher leverage increases both profit potential and risk exposure
• Minimum Deposit: $10,000 recommended based on optimal performance configurations
• Risk Advisory: Gold trading involves significant volatility; conservative settings strongly recommended for new users

Installation and Usage Tips

• Drawdown Limit Control: Manages maximum account risk exposure (3.50% conservative, 75% aggressive) – Critical parameter for account preservation and risk management

• Stop-Loss Parameters: Configures individual trade protection levels – Essential for limiting single-position losses and maintaining capital safety

• Trading Frequency Management: Controls position sizing and trade execution frequency – Balances market opportunity capture with risk exposure management

• Prop Firm Optimization: Pre-configured conservative settings for funded trader programs – Ensures compliance with strict drawdown requirements

• Safety Implementation: Always begin with demo testing and conservative parameters – Improper configuration can result in significant capital loss

The Gold Reaper EA MT4 Review

The Gold Reaper EA MT4 delivers consistent automated gold trading with verified +169.59% live performance and comprehensive risk management capabilities. It effectively addresses the complexity of profitable XAUUSD trading through specialized algorithmic execution and market-specific optimization. Best suited for experienced traders seeking reliable automated gold trading solutions who understand volatility management. Conservative parameter selection recommended due to potential substantial losses during unfavorable market conditions.

Live Trading Performance:
• Verified gain: +169.59% with maximum 13.14% drawdown
• Account value: $1,577,788 with $443,193 realized profit
• Average monthly growth: 18.31% sustained performance

Backtest Validation Results:
• Prop firm setup: $164,183 profit, 2.28 profit factor, 5.72% maximum drawdown

• Standard configuration: $196,397 profit, 2.72 profit factor, 11.75% maximum drawdown

• Aggressive configuration: $16.2M profit, 4.08 profit factor, 54.28% equity drawdown

Why Choose The Gold Reaper EA MT4

• Dedicated Gold Optimization: Exclusively engineered for XAUUSD market dynamics, providing superior performance compared to generic multi-currency systems lacking specialized market calibration

• Complete Risk Customization: Offers full spectrum risk management from prop firm compliant 3.50% drawdown to aggressive 75% configurations, perfectly matching individual risk tolerance and capital objectives

• Proven Live Market Performance: Demonstrates consistent live trading results matching backtest projections, eliminating the common problem of strategy degradation in real market conditions

• Continuous Support and Development: Provides dedicated developer assistance and regular system enhancements, ensuring long-term effectiveness as market dynamics evolve

• Full Performance Transparency: Delivers complete historical performance data across multiple risk profiles and market conditions, providing clear expectations for potential returns and associated risks

Conclusion

The Gold Reaper EA MT4 offers specialized automated XAUUSD trading with documented performance and flexible risk management. While requiring market understanding and careful configuration, it serves experienced traders seeking reliable gold trading automation. Conservative parameter selection recommended for prudent risk management; aggressive settings require substantial risk tolerance and experience.

Ready to Use The Gold Reaper EA MT4?

• Telegram Support: https://t.me/+TT_oy2yBiQZjZjE1
• Email Contact: [email protected]
• Website: cheapforexea.com

The Gold Reaper EA MT4 Download Packages:

• Link download experts:
  • The Gold Reaper EA MT4 .ex4
• Presets:

The Gold Reaper EA Introduction

The Gold Reaper EA is your key to maximizing profits in gold trading with minimal risk. This Expert Advisor operates on MetaTrader 4, specializing in XAUUSD trades across multiple timeframes. The Gold Reaper employs advanced breakout strategies combined with robust risk management, ensuring consistent performance without the use of risky tactics like Martingale. Verified backtests reveal a 15.23% monthly profit with only a 4.2% maximum drawdown. If you’re seeking a powerful and reliable EA for gold trading, The Gold Reaper is designed for you. Get started today and see how it transforms your trading experience.

• Vendor website: Click here

Key Features of The Gold Reaper EA

• Multi-Timeframe Trading: The Gold Reaper EA can simultaneously operate across multiple timeframes, maximizing trading opportunities for XAUUSD.
• Breakout Strategy: Utilizes a sophisticated breakout strategy focused on key support and resistance levels to capture optimal entry points, significantly improving profitability.
• Advanced Risk Management: Integrated with stop loss, take profit, and trailing stop features, it ensures losses are minimized, and profits are maximized. The EA avoids using risky strategies like Grid or Martingale, making it ideal for long-term, stable growth.
• Automatic Lot Sizing: The EA automatically adjusts lot sizes based on account size and user-defined maximum drawdown, ensuring optimal risk-to-reward ratios.
• Easy to Set Up for Prop Firms: The EA offers an easy installation process and can be customized for prop trading firms, with users able to set their preferred drawdown limits.
• Performance Data: Backtested on a live account, The Gold Reaper EA achieved 15.23% average monthly profit with a 4.2% maximum drawdown, ensuring high profitability with low risk.

The Gold Reaper EA Recommended Settings

• Trading Platform: MetaTrader 4 (MT4)
• Currency Pair: XAUUSD (Gold)
• Supported Accounts: Works on ECN, Standard accounts
• Timeframes: All timeframes supported
• Leverage: 1:500 recommended for optimal performance
• Minimum Deposit: $300
• Trading Strategy: Breakout of support and resistance levels

The Gold Reaper EA Review

The Gold Reaper EA MT4 Download Packages:

• Link download experts:
  • The Gold Reaper MT4 v3.3_fix.ex4
• Presets:
  • Propfirm.set