The Gold Reaper EA V2.1 MT4 – 79% Profit Trades
Original price was: $699.00.$19.99Current price is: $19.99.
The Gold Reaper EA enhances the foundation laid by Goldtrade Pro, ensuring smooth functionality across multiple timeframes. It adjusts to varying trading frequencies, catering to both conservative and aggressive strategies. Utilizing confirmation algorithms, it effectively pinpoints the best entry points for trades. The EA incorporates internal strategies designed to diversify and reduce risks, with each trade featuring built-in stop-loss and take-profit settings, as well as trailing options to safeguard investments while maximizing profits. Based on a reliable breakout strategy, it is expertly calibrated to take advantage of the natural volatility of Gold.
Description
What is The Gold Reaper EA?
Building on the success of Goldtrade Pro, this Expert Advisor is designed to operate across multiple timeframes, allowing users to set trade frequencies from conservative to highly volatile. Utilizing advanced confirmation algorithms, it identifies optimal entry prices and implements various internal strategies to diversify risk. Each trade includes a stop-loss and take-profit, enhanced with trailing options to minimize risk and maximize profit potential. Rooted in a proven breakout strategy, this system effectively capitalizes on the volatility of Gold, making it an ideal choice for traders looking to harness market movements.
Key Takeaways
- Platform and Timeframe: The Gold Reaper EA is designed for MetaTrader 4 and operates seamlessly across multiple timeframes, with a focus on trading XAUUSD.
- Trade Validation: It employs multiple confirmation algorithms to effectively validate trade setups.
- Risk Management: A variety of risk management strategies are implemented to trade breakouts from key support and resistance levels. This includes adjusting trade frequency and lot size by account size and the user-defined maximum allowed drawdown.
- Minimum Deposit Requirement: The EA requires a minimum deposit of $300 and prioritizes risk mitigation by avoiding grid and Martingale strategies.
- Simple Installation: The EA provides easy installation and setup on charts, making it suitable for both prop firms and individual traders.
- User Empowerment: Users can set their preferred maximum allowed drawdown, offering enhanced control over their risk management approach.
The Gold Reaper Setting / Features
- User-Friendly: Easy installation on the chart with a simple setup for maximum allowed drawdown.
- Automated Management: Automatically determines trade frequency and lot size.
- Safe Trading Approach: No grid, no martingale, and no risky risk management strategies used.
- Proven Performance: Strong historical results for XAUUSD.
- Suitable for Prop Firms: Designed for easy integration with prop trading firms.
- Low Minimum Balance: Requires a minimum account balance of just $300 to start trading.
Proven Profit Reports MQL5
Proven Profit Reports MyFxbook
User Reviews
Pros and Cons
- User-Friendly: Easy installation for both individual traders and prop firms.
- Automated Management: Automatically adjusts trade frequency and lot size.
- Effective Risk Management: Avoids grid and martingale strategies for safer trading.
- Strong Historical Performance: Proven results with XAUUSD.
- Customizable Control: Users can set their preferred maximum drawdown.
- Low Minimum Deposit: Only requires a $300 minimum to start.
Cons:
- Limited Focus: Primarily designed for XAUUSD trading.
- Market Dependency: Performance can vary with market conditions.
- Platform Restriction: Only compatible with MetaTrader 4.
- Possible Drawdowns: Drawdowns may still occur in volatile markets.
Comparison with Other EAs
Aselole Po Stop Limit Multi Signal Hedge EA
- Platform: MetaTrader 4
- Focus: Multi-signal hedging
- Management: Stop limit and hedging strategies
- Risk: Uses hedging
- Minimum Deposit: Varies by broker
- User Control: Limited control, more automated
- Performance: Depends on market conditions
- Prop Firms: Suitable for prop firms
- Platform: MetaTrader 4
- Focus: Multi-currency trading with AI
- Management: AI-driven decision-making
- Risk: Advanced AI features
- Minimum Deposit: Generally higher
- User Control: Limited, relies on AI
- Performance: Varies with AI model
- Prop Firms: May be suitable
- Platform: MetaTrader 4
- Focus: Multiple currency pairs
- Management: Dynamic based on market conditions
- Risk: Multiple strategies used
- Minimum Deposit: Generally higher
- User Control: Moderate control
- Performance: Proven but variable
- Prop Firms: Generally suitable
Pricing and Plans
MQL5 price is 699
For 3 months 399 USD
For 6 Months 499 USD
For 1 Year 599 USD
Our Price is only 19.99 USD
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