What is The Gold Reaper EA?
The Gold Reaper EA, developed from the highly successful Goldtrade Pro EA, operates smoothly on the MetaTrader 4 platform. This expert advisor is designed to function across various timeframes simultaneously, providing a range of trading frequency options from conservative to highly volatile. By utilizing numerous confirmation algorithms, it carefully identifies optimal entry points and internally executes multiple strategies to diversify trade risks. Each trade is equipped with both stop-loss and take-profit mechanisms, along with trailing stop-loss and take-profit features to minimize risks and maximize trading potential.
Vendor website: https://www.mql5.com/en/market/product/111467
Original price: $499
Forex EAs Mall price: $21 (you save 97%)
Highlighted Features:
- The Gold Reaper EA is tailored to operate on multiple timeframes, utilizing a variety of confirmation algorithms and risk management strategies to trade breakouts of support and resistance levels for XAUUSD on MetaTrader 4.
- This Expert Advisor adjusts trade frequency and lot size according to account size and the maximum allowable drawdown, with a minimum deposit requirement of $300, and it avoids grid and Martingale strategies.
- The EA is easy to install and set up on charts, making it ideal for Prop Firms, and it allows users to define their preferred maximum allowed drawdown.
The Gold Reaper EA Setting / Feature
- Used on platform: MetaTrader 4
- Currency pairs: XAUUSD.
- Time frame: Any
- Minimum Deposit: 300$.
- No grid, No Martingale, No risky risk management.
- Easy to use for Prop Firms.
- The EA will determine trade frequency and lotsize fully automatic.
- Very easy to use: install on chart, and set your prefered maximum allowed drawdown.
The Gold Reaper EA Review
Expert Advisor on account PepperstoneUK-Live 1:500 Profit 13%, Maximum drawdown 4.2%
Signal link: Click to view
How to install and run the The Gold Reaper EA Trading Bot in Metatrader 4?
- Download the EA File:
- Make sure you have the Gold Reaper EA file downloaded on your computer.
- Open MetaTrader 4:
- Launch your MetaTrader 4 (MT4) platform.
- Access the Data Folder:
- In MT4, click on File in the top menu, then select Open Data Folder.
- Locate the Experts Folder:
- In the opened Data Folder, navigate to MQL4 > Experts.
- Copy the EA File:
- Copy the downloaded Gold Reaper EA file and paste it into the Experts folder.
- Restart MetaTrader 4:
- Close and reopen the MetaTrader 4 platform to ensure the EA is loaded.
- Attach the EA to a Chart:
- Open a chart for XAUUSD.
- In the Navigator window (usually on the left side), expand the Expert Advisors section.
- Find the Gold Reaper EA and drag it onto the XAUUSD chart.
- Configure EA Settings:
- After dragging the EA onto the chart, a settings window will appear.
- Adjust the parameters according to your preferences or leave them at default.
- Ensure the options Allow live trading and Allow DLL imports (if necessary) are checked.
- Enable Automated Trading:
- Click the AutoTrading button on the top toolbar of MT4 to turn on automated trading (the button should turn green).
- Monitor the EA:
- The Gold Reaper EA should now be active on your chart, indicated by a smiley face icon in the top right corner.
- Monitor the performance and make any necessary adjustments to the settings.
- Check for Errors:
- If the EA is not working, check the Experts and Journal tabs at the bottom of the platform for any error messages.
By following these steps, you should be able to successfully install and run The Gold Reaper EA Trading Bot on MetaTrader 4.
If you encounter any problems or need detailed instructions, please refer to the documentation provided with the The Gold Reaper EA or contact us directly for the fastest support.
Run the EA on XAUUSD and configure the trade frequency (set to automatic by default) and your preferred maximum allowed drawdown. Alternatively, you can manually set the trade frequency to your liking. The timeframe of the chart is not important.
The Gold Reaper EA Download
Link download The Gold Reaper EA v1.5 With Setfiles will be sent to your email after purchase.
+ Expert :
- The Gold Reaper V1.5.ex4
- Unlimited / NoDLL / Build 1422+
- Free 1 Year Updates
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
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- The download link will be sent to your email within 5 minutes after the order is confirmed.
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