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MT4
The Gold Reaper MT4
- MULTI-TIMEFRAME EXECUTION
- BREAKOUT STRATEGY (SUPPORT & RESISTANCE)
- MULTIPLE CONFIRMATION ALGORITHMS
- INTERNAL RISK-DIVERSIFIED STRATEGIES
- AUTO TRADE FREQUENCY ADJUSTMENT
- AUTO LOT SIZE CALCULATION
- STOP LOSS & TAKE PROFIT ON ALL TRADES
- TRAILING STOP & TRAILING TAKE PROFIT
- NO GRID
- NO MARTINGALE
- PROP FIRM FRIENDLY
- NFP NEWS FILTER
- AUTO GMT DETECTION
- MAX DAILY DRAWDOWN PROTECTION
- EQUITY-BASED LOT CALCULATION OPTION
- RANDOMIZED EXECUTION OPTION
- MINIMUM ACCOUNT BALANCE $300
Built on the success of Goldtrade Pro, this advanced Expert Advisor has been upgraded to operate across multiple timeframes simultaneously while allowing full control over trading intensity — from very conservative to highly aggressive volatility modes. The EA combines multiple confirmation algorithms and internally diversified strategies to spread risk efficiently. It focuses on trading breakouts of key support and resistance levels — a proven and highly effective methodology, especially for Gold (XAUUSD), which is known for its strong volatility and momentum-driven moves. Every trade is protected with Stop Loss and Take Profit, enhanced by dynamic trailing stop and trailing take profit mechanisms to minimize risk and maximize gains. The system automatically adjusts lot size and trade frequency based on your account balance and maximum allowed drawdown settings, ensuring controlled growth and capital protection. Backtests demonstrate stable equity growth, controlled drawdowns, and fast recovery periods across long-term historical Gold data and multiple broker feeds. No hype, no unrealistic AI claims — just a robust, transparent trading system built on 15+ years of development experience.
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Technical Specifications & Requirements
Choose your preferred trade frequency (Auto recommended).
Set your Maximum Allowed Drawdown percentage.
Enable Auto-Trading.
Let the EA determine lot size and frequency automatically.
Optional: Adjust NFP filter, daily drawdown limits, or fixed lot sizing according to your preferences.