Gold Reaper SOURCE CODE MQ5
Welcome to the Gold Reaper!Built on the success of the widely acclaimed GoldTrade Pro, the Gold Reaper EA is a fully automated trading system designed specifically for XAUUSD (Gold). It is engineered to operate across multiple timeframes with customizable trade frequency, from ultra-conservative to highly aggressive.
Core Strategy
The EA is based on breakout trading around significant support and resistance levels—a proven and time-tested strategy that works exceptionally well on Gold due to its high volatility.
Key Features:
- Multi-Timeframe Support
- Smart Entry Algorithms: Uses multiple confirmation filters to identify optimal entries
- Dynamic Risk Control: Automatically adjusts trade frequency and lot size based on account size and max drawdown
- Built-in Risk Management: Includes Stop Loss, Take Profit, Trailing SL & TP
- Multiple Internal Strategies: Reduces risk concentration
- No Grid, No Martingale, No Risky Techniques
- FTMO & Prop Firm Friendly
- Minimum Recommended Balance: $300
How It Works:
- Plug & Play: Simply install on your chart and set your preferred maximum allowed drawdown—the EA handles the rest
- Adaptive Engine: Dynamically adjusts trading behavior based on your account size and risk preferences
- Manual Control: Option to manually select trade frequency if desired
- Chart Timeframe Agnostic: The EA works the same regardless of chart timeframe
