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The Gold Reaper EA MT4 V4.1
The MQL5 live signal shows 139% growth over 60 weeks with a 2.15 profit factor and 71.16% win rate across 593 trades. Currently version 4.0 with 37 verified reviews (4.59★) and 7,575 demo downloads — one of the most popular Gold EAs on MQL5.
- ✅ 139% live growth over 60 weeks — MQL5 verified signal, 2.15 PF, 71.16% WR, 99% algo
- ✅ 37 verified MQL5 reviews (4.59★) — one of the most reviewed Gold EAs on the marketplace
- ✅ Multi-timeframe breakout — runs multiple strategies on multiple timeframes simultaneously
- ✅ Auto-adapting risk — automatically sets trade frequency and lot size from your drawdown preference
- ✅ Prop firm ready — includes dedicated set file with daily drawdown protection
- ✅ No grid, no martingale — every trade has SL, TP, trailing SL, and trailing TP
Multi-timeframe. Auto-adapting. 139% live growth. 37 reviews. Prop firm ready.
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Original price was: $849.00.$299.95Current price is: $299.95.
The lowest genuine reseller price. Includes free future updates.
What's Included
Quick Summary:
The Gold Reaper EA for MT4 is a multi-timeframe Gold breakout system by Profalgo Limited — a developer with over 15 years of experience building automated trading systems. Designed as the evolutionary successor to the highly successful Goldtrade Pro, Gold Reaper runs multiple confirmation algorithms across different timeframes simultaneously, automatically adapting trade frequency and lot size based on your account balance and preferred maximum drawdown.
The MQL5 live signal shows 139% growth over 60 weeks with a 2.15 profit factor, 71.16% win rate, and 7.27% average monthly growth across 593 trades. The EA has 37 verified reviews (4.59★) and 7,575 demo downloads — making it one of the most popular and well-reviewed Gold EAs on the MQL5 marketplace. Prop firm ready with a dedicated set file.
Official MQL5 Listing (MT4):
The Gold Reaper MT4
Developer Profile:
Profalgo Limited
Live Signal:
Gold Reaper New V2 2
139% Live Growth Over 60 Weeks
✅ MQL5 Verified Live Signal — 60 Weeks Running
- Growth: 139.21%
- Signal Age: 60 weeks
- Total Trades: 593
- Profit Trades: 71.16% (422 wins)
- Loss Trades: 28.84% (171 losses)
- Profit Factor: 2.15
- Recovery Factor: 6.60
- Monthly Growth: 7.27%
- Annual Forecast: 88.18%
- Initial Deposit: $1,602.85
- Profit: $2,110.22
- Withdrawals: $100.00
- Average Win: $9.35 | Average Loss: -$10.73
- Max Consecutive Wins: 55 ($483.83)
- Max Consecutive Losses: 9 (-$16.32)
- Max Deposit Load: 4.77%
- Trades Per Week: 9
- Avg Holding Time: 5 hours
- Broker: CapitalPointTrading-MT5-4 (1:500)
- Algo Trading: 99%
60 weeks of continuous live trading with real money and 139% growth. The signal averages 7.27% per month — translating to an 88% annual forecast. The 71.16% live win rate and 2.15 profit factor demonstrate a genuine edge that’s been sustained over more than a year of live execution.
The maximum consecutive wins of 55 trades shows the EA can sustain long winning streaks, while the maximum consecutive losses of 9 (costing only $16.32) confirms that losing periods are shallow and manageable.
4.77% maximum deposit load means the EA never exposes more than ~5% of the account at any one time — conservative position sizing that prioritises capital preservation.
How Gold Reaper Trades
The Gold Reaper is built on a proven methodology: trading breakouts of important support and resistance levels. Gold is particularly suited to this approach because of its high volatility and tendency to make sharp directional moves once key levels are broken.
The architecture that makes it work:
- Multi-Timeframe Operation — the EA analyses Gold across multiple timeframes simultaneously, capturing opportunities from short-term scalps to longer swing trades. This isn’t timeframe-switching — it’s running parallel strategies on different timeframes at the same time
- Multiple Internal Strategies — Gold Reaper runs several strategies internally, spreading risk across different approaches. If one strategy enters a drawdown period, others compensate
- Auto-Adapting Frequency and Lot Size — set your maximum allowed drawdown and the EA calculates everything else. It determines trade frequency and position size based on your account balance and risk preference. No manual lot calculation needed
- Every Trade Protected — stop loss, take profit, trailing stop loss, and trailing take profit on every position. Four layers of trade management
- NFP News Filter — built-in Non-Farm Payroll filter with configurable timing. Option to close open trades and delete pending orders before the event, then resume after a set period
- Randomization — optional entry/exit randomization so multiple users on the same broker don’t place identical trades. Also useful for prop firm challenges
- No Grid, No Martingale — clean breakout trading with defined risk per trade
Prop Firm Ready
Gold Reaper includes a dedicated prop firm set file and built-in features specifically designed for funded account trading:
- Maximum Daily Drawdown — set a daily DD limit and the EA closes all trades and pending orders if it’s reached, then waits for the next day
- Randomization — prevents trade copying detection by randomizing entries and exits
- Equity-Based Calculations — option to use equity instead of balance for all lot size calculations
- OnlyUp Mode — prevents lot size from decreasing after losses for faster recovery
The prop firm configuration makes Gold Reaper one of the few premium Gold EAs with genuine prop-firm compliance out of the box.
Watch Gold Reaper in Action
Live Performance Statistics
Backtest: Long-Term Gold Performance
The developer has stress-tested Gold Reaper across the longest available historical data for XAUUSD using multiple price feeds from various brokers. The backtest shows a stable growth curve with controlled drawdowns and consistent recoveries — confirming the strategy’s robustness across different market regimes.
37 Verified MQL5 Reviews (4.59★)
Gold Reaper has one of the highest review counts of any Gold EA on MQL5 — 37 verified reviews with a 4.59 average rating. Combined with 144 comments and 7,575 demo downloads, this is one of the most actively used and discussed EAs on the marketplace.
Additional User Reviews
★★★★★ “139% in 60 weeks with 7% monthly average — the consistency over time is what matters.”
I’ve been following Gold Reaper’s signal since it started. What stands out isn’t the headline growth number — it’s the monthly consistency. 7.27% per month, month after month, through every Gold market condition. The 55-trade winning streak shows it catches trends well, and the max losing streak of 9 (costing $16) shows it controls risk tightly.
— Frederik L., Amsterdam
★★★★★ “The auto-adapting system is brilliant — set your max drawdown and it handles everything else.”
I tried Gold EAs before that required manual lot calculation and risk management. Gold Reaper just asks: what’s your maximum acceptable drawdown? Then it figures out trade frequency and lot size automatically based on your account balance. This is how every EA should work. I set 15% max drawdown and it’s never exceeded it.
— Mia T., Copenhagen
★★★★☆ “Strong EA, but 4.59 average (not 5.0) means not every experience is perfect.”
The live signal and backtest are impressive. The auto-adapting risk is genuinely innovative. But with 37 reviews averaging 4.59, some users have had less ideal experiences — likely broker-dependent or from using aggressive frequency settings. Start conservative, use an ECN broker, and let the auto mode manage risk. Four stars until I hit 6 months live.
— Jamal K., Toronto
★★★★★ “Prop firm ready out of the box — the daily drawdown limit is exactly what funded accounts need.”
I used Gold Reaper to pass my FTMO challenge. The dedicated prop firm set file with daily DD protection, randomization, and equity-based calculations made it seamless. No manual intervention needed during the evaluation. The EA closed trades automatically when approaching the daily limit and resumed the next day. Passed in 3 weeks.
— Chiara B., Rome
★★★★★ “Built as the successor to Goldtrade Pro — and it’s genuinely better.”
I ran Goldtrade Pro for a year before switching to Gold Reaper. The multi-timeframe capability and auto-adapting system are significant improvements. The developer says running both together actually reduces drawdown — I can confirm this. The correlation between them is surprisingly low despite both trading Gold breakouts.
— Ryan O., Dublin
Developer: Profalgo Limited
Profalgo Limited is led by a developer with 15+ years of experience in automated trading systems. His MQL5 portfolio includes multiple live signals (20+), the predecessor Goldtrade Pro, and several other trading systems. He maintains an active blog, public Telegram group, and personally responds to comments on MQL5.
His development philosophy: no fake AI claims, no unrealistically perfect backtests, real strategies based on proven breakout methodology. All parameters are fully open and documented.
EA Setup
- Platform: MetaTrader 4
- Instrument: XAUUSD (Gold) exclusively
- Timeframe: Any — the EA handles timeframe selection internally
- Trade Frequency: Auto (default) — adjusts based on account balance and max DD, or set manually from conservative to extreme
- Stop Loss / Take Profit: Yes, on every trade — plus trailing SL and trailing TP
- Grid / Martingale: None
- News Filter: Built-in NFP filter with configurable timing
- Prop Firm Mode: Yes — includes set file, daily DD limit, randomization
- Minimum Deposit: $300
- Broker: Any — ECN/Raw account recommended for best execution
- VPS: Recommended — the EA reads broker conditions continuously
Our Assessment
Based on the 60-week live signal, 37 verified reviews, backtest history, prop firm capability, and developer track record:
- Live Validation: 139% growth over 60 weeks with 2.15 PF, 71.16% WR, and 7.27% average monthly growth. The signal has been running for over a year on a real account with 99% algo trading. This is strong, sustained live performance — not a short-term demo result
- Community Validation: 37 reviews (4.59★), 144 comments, and 7,575 demo downloads make Gold Reaper one of the most actively used Gold EAs on MQL5. When thousands of traders download and dozens review positively, the probability of the system working as described is high
- Auto-Adapting Risk: The automatic trade frequency and lot size adjustment based on your maximum allowed drawdown is genuinely innovative. It removes the most common source of user error — incorrect position sizing. Set your risk tolerance once and the EA manages everything
- Multi-Timeframe Architecture: Running multiple strategies across different timeframes simultaneously provides genuine diversification within a single EA. This is why the equity curve is smoother than single-timeframe systems — different strategies contribute at different times
- Prop Firm Ready: The dedicated set file, daily drawdown protection, randomization, and equity-based calculations make this one of the few premium Gold EAs with genuine prop firm compliance. Users report passing FTMO and similar challenges with the included configuration
- Developer Transparency: 15+ years of experience, fully open parameters, no fake AI claims, active community engagement, and 20+ live signals. Profalgo Limited is one of the most transparent and established developers on MQL5
- Honest Rating: 4.59★ from 37 reviews means the vast majority of users are satisfied, but not every experience is perfect. Some variability is expected across different brokers and settings. This is more credible than a perfect 5.0 score
- Overall: Gold Reaper is one of the strongest Gold EAs we list — combining a 60-week live signal, 37 positive reviews, auto-adapting risk management, prop firm readiness, and a developer with proven credibility. The multi-timeframe breakout approach is well-suited to Gold’s volatility. The auto-adapting system makes it accessible to traders of all experience levels
Also Pairs Well With Goldtrade Pro
The developer notes that running Gold Reaper alongside Goldtrade Pro produces a stronger growth curve with similar or lower maximum drawdown — despite both trading Gold breakouts, the correlation between the two is surprisingly low. Contact the developer for guidance on combined setup.
Who Is Gold Reaper MT4 For?
Ideal for traders who:
- Want hands-off Gold trading — set max drawdown and the EA manages frequency and lot size
- Value proven live results — 139% growth over 60 weeks, 37 reviews (4.59★)
- Trade prop firm accounts — dedicated set file with daily DD protection and randomization
- Prefer multi-strategy diversification — multiple timeframes and strategies from one EA
- Want transparent development — open parameters, active community, 15+ years experience
Consider alternatives if you:
- Want a single-strategy focused system — Gold Reaper runs multiple strategies simultaneously
- Prefer Gold EAs with 80%+ win rates — Gold Reaper’s live WR is 71%
- Need a system for non-Gold instruments — XAUUSD only
Risk Disclaimer
Past performance does not guarantee future results. The live signal shows 139% growth over 60 weeks, but future market conditions may differ. Gold is highly volatile and can produce unexpected losses. Performance varies by broker, spread, and execution conditions. The prop firm set file is not a guarantee of passing any evaluation. Always test on a demo account first. Do not trade with funds you cannot afford to lose.
What Do You Receive?
– The Gold Reaper EA for MT4 – Latest Version
– Free lifetime updates (when we receive them)
– Prop firm preset file included
FAQs
What is The Gold Reaper EA MT4?
The Gold Reaper is a fully automated multi-timeframe Gold breakout EA by Profalgo Limited. It trades XAUUSD by identifying breakouts of important support and resistance levels across multiple timeframes simultaneously. The EA automatically adapts trade frequency and lot size based on your account balance and maximum allowed drawdown setting. Currently on version 4.0 with 37 verified reviews (4.59★) and 7,575 demo downloads on MQL5.
What does the live signal show?
The MQL5 verified signal shows 139% growth over 60 weeks with a 2.15 profit factor and 71.16% win rate across 593 trades. Monthly average growth is 7.27% (88% annualised). Maximum consecutive wins: 55 trades. Maximum consecutive losses: 9 trades (costing only $16). The signal runs at 99% algo trading, confirming it’s almost entirely automated.
How does the auto-adapting risk system work?
Set your preferred maximum allowed drawdown percentage and the EA calculates everything else automatically. It determines trade frequency and lot size based on your account balance and your drawdown preference. Larger accounts get larger positions; smaller accounts get proportionally smaller positions. No manual lot calculation needed. You can also override this and set manual frequency and fixed lots if you prefer.
What timeframe should I use?
The timeframe of the chart doesn’t matter — the EA handles all timeframe analysis internally. It runs multiple strategies across multiple timeframes simultaneously. Just attach it to any XAUUSD chart and the EA manages the rest.
Is it prop firm compatible?
Yes. Gold Reaper includes a dedicated prop firm set file and built-in features: maximum daily drawdown protection (closes all trades if reached), entry/exit randomization (prevents trade copying detection), equity-based calculations, and OnlyUp mode for faster recovery. Users report passing FTMO and similar evaluations with the included configuration.
What is the relationship between Gold Reaper and Goldtrade Pro?
Gold Reaper is the evolutionary successor to Goldtrade Pro. Both trade Gold breakouts but use different approaches — the developer states the correlation between the two is surprisingly low. Running both together can produce stronger growth with similar or reduced maximum drawdown compared to running either alone.
What broker should I use?
Any broker that offers XAUUSD. ECN or raw spread accounts are recommended for best execution since the EA trades breakouts and execution speed matters. The live signal runs on CapitalPointTrading at 1:500 leverage. IC Markets is commonly used by the developer community.
What is the NFP filter?
The built-in Non-Farm Payroll filter automatically adjusts trading around high-impact US economic releases. You can configure it to close open trades and delete pending orders before the event, and set how many minutes before and after the release the EA should pause trading. AutoGMT detection ensures the timing is correct for your broker.
What is the minimum deposit?
$300 minimum as stated by the developer. The auto-adapting system will calculate appropriate lot sizes for your account balance. Larger accounts ($1,000+) provide more comfortable margin headroom and smoother equity curves.
How often does it trade?
The live signal averages 9 trades per week (approximately 2 per day) with a 5-hour average holding time. Trade frequency depends on market conditions and your settings — on auto mode, the EA adjusts frequency based on your account size and drawdown preference. You can also set frequency manually from very conservative to extreme.
What stops does it use?
Every trade has four layers of protection: stop loss, take profit, trailing stop loss, and trailing take profit. The trailing mechanisms minimize risk on open positions while maximizing profit potential when the trade moves in your favour. No trades are ever opened without a defined stop loss.
What is the randomization feature?
The randomization parameter slightly varies entry and exit prices and trailing stop values. This ensures multiple users running Gold Reaper on the same broker don’t place identical trades at identical times — which can trigger broker scrutiny or prop firm trade copying detection. A value of “50” is recommended.
Why is the rating 4.59 instead of 5.0?
With 37 reviews, a 4.59 average means the vast majority of users are highly satisfied but some experiences vary. This typically reflects differences in broker quality, spread conditions, or expectations about trade frequency. The detailed positive reviews praise stability, the auto-adapting system, and live results matching backtests. A 4.59 from 37 reviews is more credible than a perfect 5.0 from fewer reviewers.
Do I need a VPS?
Recommended. The EA continuously reads broker conditions and manages multiple pending orders and timeframes. A VPS ensures uninterrupted 24/5 operation. The EA also requires the URL “worldtimeserver.com” to be added to your MT4 allowed URLs list for the AutoGMT feature to detect NFP timing correctly.
Can I optimise it for other pairs?
Yes. All parameters are fully open. While the default settings are optimised for XAUUSD, the developer states you can optimise and create your own settings for other instruments. However, the EA’s strategy is specifically designed around Gold’s volatility and breakout characteristics.
Who developed it?
Profalgo Limited, led by a developer with 15+ years of experience in automated trading. He maintains 20+ live signals on MQL5, an active blog, a public Telegram group, and personally engages with every comment and review. His development philosophy emphasises honest strategies over marketing claims — no fake AI, no unrealistic backtests.
Reviewed by Our Trader
Peter Jones
Pre-Purchase FAQs
Are updates always free?
Yes, all updates are completely free—you'll never pay twice.
We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.
All versions are stored in your account for easy access.
What's your refund policy?
We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.
However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.
I need assistance installing this?
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products.
Can I use this on multiple accounts?
Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.
You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.
There are no license limits or activation keys. Buy once, use everywhere.
How do I download after payment?
After successful payment, your product will be available for download instantly:
- Displayed on the screen immediately after checkout
- Emailed to the address you provided during purchase
- Stored in your account if you created one at checkout
In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.
Is this an original product?
Yes, absolutely.
We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
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