PLATINUM GOLD REAPER EA MT4 + SetFiles (Platform 1441+)

PLATINUM GOLD REAPER EA: Automated Grid/Martingale Trading for Gold Markets

The PLATINUM GOLD REAPER EA is a fully automated Expert Advisor (EA) engineered for MetaTrader 4 (MT4), operating primarily on grid and martingale principles within specified trading hours. This EA is designed for traders seeking an aggressive, recovery-based approach to the market, particularly suitable for assets with stable range behavior like Gold (XAUUSD), provided sufficient capital is available.

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Core Strategy & Money Management

🔹Automatic Grid/Martingale Strategy: Works on the principle of grid trading and martingale lot sizing, where lot size increases by a factor with each new level in the loss recovery sequence.
🔹Configurable Recovery Sequence: Allows up to 20 positions in the recovery sequence, defining the EA’s maximum risk exposure and the downside potential in this strategy.
🔹Flexible Lot Sizing: Supports both Dynamic Lot Sizing (using a multiplier based on DbLots) and Fixed Lot Mode (Lots) for initial trade size.
🔹Time-Limited Trading: Can be configured to only operate during specific trading hours, although by default it is set to operate almost all day (from 00:00 to 23:00 server time).
🔹Predefined Take Profit: Each trade is set with a fixed Take Profit of 100 points, aiming for small and steady gains.
🔹Grid Spacing: Use a fixed grid spacing (200 points / 20 pips) between orders to layer trades according to the strategy.

Additional Features

🔹Lot Decimal Precision: The parameter determines the decimal precision for calculating lot sizes, ensuring compatibility with brokers offering fractional lots.
🔹Unique Trade Identifier: Used to distinguish trades executed by this EA from other EAs or manual trades on the same account.
🔹Visual Chart Indicators: Ability to include internal visual chart indicators to represent different levels or lines such as entry, alert, stop or profit zones.
🔹No Stop Loss: The default configuration sets Stop Loss (SL), indicating that the strategy relies on grid/martingale recovery instead of traditional stop loss.

PLATINUM GOLD REAPER EA MT4 Review

🔹The PLATINUM GOLD REAPER EA is a fully automated Expert Advisor for MetaTrader 4 (MT4), optimized for trading XAUUSD (Gold vs USD). This in-depth performance review analyzes the EA’s historical backtest over a 4-month period using 1-minute (M1) data to evaluate profitability, risk, and trading efficiency.

✅ Period Tested: Feb 28, 2025 – Mar 19, 2025
✅ Initial Deposit: $1,000
✅ Total Net Profit: $6,739.62
✅ Account Growth: +673.96% over ~4 months
✅ Maximal Drawdown: 25.70%
✅ Win Rate (Profit Trades): 72.85%

PLATINUM GOLD REAPER EA Backtest Results

🔹EA PLATINUM GOLD REAPER utilizes grid trading with smart lot multipliers, this EA proves to be highly profitable with calculated risk with a capital of $2000. Here is a detailed analysis of its 4-month backtest results.

✅ Period Tested: 2025.01.01 – 2025.03.20
✅ Initial Deposit: $2,000
✅ Total Net Profit: $9,043.76
✅ Maximal Drawdown: 23.46%
✅ Win Rate (Profit Trades): 73.14%

PLATINUM GOLD REAPER EA MT4 Backtest Trading Results

🔹In this performance review, the EA is analyzed with a 4-month backtest simulating an initial capital of $5,000, demonstrating the EA’s profitability, risk profile, and consistency in the highly volatile gold market.

✅ Period Tested: Jan 1, 2025 – Mar 20, 2025
✅ Initial Deposit: $5,000
✅ Total Net Profit: $11,318.91
✅ Maximal Drawdown: 19.20%
✅ Win Rate (Profit Trades): 73.23%

PLATINUM GOLD REAPER EA MT4 Backtest Results

Why Choose PLATINUM GOLD REAPER EA?

🔹Aggressive Recovery Potential: The martingale and grid principles aim to recover losses quickly, making it potentially suitable for traders seeking faster account growth (with inherent higher risk).
🔹High Trade Frequency: Its ability to operate nearly 24/7 (within a full-day trading window) ensures consistent market participation.
🔹Optimized for Specific Market Behavior: Best suited for assets like Gold (XAUUSD) that exhibit stable range behavior, where grid and martingale strategies can perform effectively.
🔹Automated & Hands-Off: Being fully automated, it requires minimal manual intervention once configured.
🔹Configurable Risk Exposure: Traders can adjust the MaxLevel and Multiplier to control the maximum number of positions and the escalation of lot sizes, providing some degree of risk management within the strategy.

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

==>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

✅ PLATINUM GOLD REAPER_fix.ex4

2. Presets:

✅ Gold_Multiplier Lot.set
✅ Gold_Fixlot_$1k.set
✅ Gold_Fixlot_$2k.set
✅ Gold_Fixlot_$5k_Low Risk.set
✅ Gold_Fixlot_$5k_Medium Risk.set
✅ Gold_Fixlot_$5k_High Risk.set

==>> Setting Guide

Conclusion

In short, The PLATINUM GOLD REAPER EA for MetaTrader 4 is a high-performance, fully automated trading robot engineered for gold (XAUUSD) markets using a smart combination of grid and martingale strategies. Designed for traders aiming for aggressive account growth, this EA leverages a structured recovery-based approach that capitalizes on range-bound price behavior, allowing for consistent profit accumulation across all trading hours.

With features like customizable lot sizing, fixed grid spacing, and a 20-level recovery sequence, it delivers flexibility and control over trading operations while maintaining strong win rates exceeding 73% in backtest scenarios. Multiple performance evaluations using capital from $1,000 to $5,000 have demonstrated impressive ROI up to 673%, alongside low drawdown levels and high trade frequency, showcasing the EA’s ability to generate steady returns in volatile gold markets.