The Gold Reaper MT4 v3.3 + Setfiles (Platform build 1444+)
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The Gold Reaper MT4: Advanced Breakout Trading for XAUUSD with Dynamic Risk Control
The Gold Reaper MT4 is a highly successful Expert advisor (EA) designed specifically for XAUUSD (Gold) trading. Building upon the proven “Goldtrade Pro,” this EA is engineered to run on multiple timeframes simultaneously, employing sophisticated multiple confirmation algorithms to pinpoint the best entry prices. It executes various internal strategies to spread risk, and leverages a powerful and proven strategy: trading breakouts of important support and resistance levels.
➡️ Vendor website: View here
About the Author
This product is compiled by Wim Schrynemakers. This Malta author has more than +12 years of experience working on MQL5 with many famous products such as The Gold Reaper MT4, The Gold Reaper MT5, Indicement MT4, Daytrade Pro Algo, Luna AI PRO and other products. Among them, The Gold Reaper MT4 is his best performing product.
Key Features of The Gold Reaper MT4
🔹 Adaptive Risk Control: Automatically adjusts lot size and trade frequency based on balance and drawdown limits.
🔹 Multi-Timeframe Operation: Runs effectively on any chart timeframe without manual optimization.
🔹 Full Trade Protection: Uses stop loss, take profit, trailing SL and trailing TP on every trade.
🔹 No Aggressive Methods: Operates without grid, martingale, or risky recovery techniques.
Why Choose & Use The Gold Reaper MT4?
🔹 Stable Long-Term Performance: Backtests show smooth growth with controlled drawdowns.
🔹 Prop Firm Friendly: Includes daily drawdown limits and randomized execution behavior.
🔹 Fully Automated Setup: Simple installation with automatic trade and risk adjustment.
🔹 Proven Development: Built on tested methodologies with years of real trading experience.
The Gold Reaper MT4 Review
1. The Gold Reaper EA Live Trading Results:
The Gold Reaper EA is an automated Expert Advisor (EA) built for MetaTrader 4, optimized for gold trading (XAUUSD) with default configuration. Operating on a live account with 1:500 leverage, this EA combines consistent profitability with controlled risk, making it a balanced option for long-term traders.
✅ Initial Deposit: $2,000
✅ Account Growth: +41%
✅ Reliability: 26 weeks (6 months)
✅ Win Rate: 75%
✅ Maximum Drawdown: 7.2%
Real trading results of The Gold Reaper EA
Real trading results of The Gold Reaper MT4
2. The Gold Reaper EA MyFxBook:
Gold Reaper EA MT4 is an advanced gold trading robot that works on verified real accounts with 1:300 leverage. The system is part of a powerful trio—Gold Reaper, GoldTrade Pro, and DayTrade Pro—built to generate high returns with strategic risk control.
✅ Initial Deposit: $1,634,000
✅ Withdrawals: $500,000
✅ Total Gain: +169.59%
✅ Monthly Gain: +18.31%
✅ Maximum Drawdown: 14.83%
The Gold Reaper MT4 Myfxbook Results
The Gold Reaper MT4 Performance Verified by Myfxbook
What is the The Gold Reaper MT4 Trading Strategy?
🔹 Breakout-Based Logic: Trades confirmed breakouts of key support and resistance levels.
🔹 Multi-Strategy Confirmation: Combines several internal strategies to reduce signal dependency.
🔹 Volatility Optimization: Designed specifically for Gold’s high-volatility behavior.
🔹 Fast Recovery Focus: Targets controlled drawdowns with efficient recovery after losses.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | Any |
| Minimum / Recommended deposit | $300 |
| Currency pairs | XAUUSD (Gold) |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ The Gold Reaper MT4 v3.3_fix.ex4
✅ The Gold Reaper MT4 v2.1_fix.ex4
✅ The Gold Reaper MT4 v1.9_fix.ex4
✅ The Gold Reaper MT4 v1.8_fix.ex4
✅ The Gold Reaper MT4 v1.5_fix.ex4
2. SetFiles:
✅ Propfirm.set
➡️ Setting Guide: View here
Conclusion
In short, The Gold Reaper MT4 is an upgraded version of Goldtrade Pro, this new EA offers a powerful, adaptive and reliable breakout trading solution for XAUUSD traders. Designed to work seamlessly across multiple timeframes with customizable trading frequencies, this EA combines multi-strategy logic, dynamic risk management and precise trade execution for superior performance.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓1. What is the difference between this The Gold Reaper MT4 and GoldTrade Pro?
While both EAs share a similar breakout strategy, this new version offers multi-timeframe support, customizable trade frequency, and enhanced internal risk-spreading mechanisms. Despite using similar logic, correlation is low, and running both EAs together can boost growth while keeping drawdown stable or even lower.
❓2. How does the The Gold Reaper MT4 determine trade frequency and lot size?
The EA automatically adjusts trade frequency and lot size based on your account balance and the Max Allowed Drawdown you set. You can also manually configure frequency settings from very conservative to extremely volatile.
❓3. What strategy does the The Gold Reaper MT4 use for trading?
This EA is based on a breakout strategy that identifies key support and resistance levels. It uses multiple confirmation algorithms and strategies internally to reduce risk while capitalizing on Gold’s high volatility.
❓4. Does the The Gold Reaper MT4 use dangerous strategies like Martingale or Grid?
No. This EA is 100% safe with no Martingale, no Grid, and no high-risk trading methods. All trades are protected with a Stop Loss, Take Profit, and trailing mechanisms to manage risk and enhance gains.
❓5. What timeframe and symbol should I run the The Gold Reaper MT4 on?
You should run the EA on XAUUSD (Gold). The chart timeframe doesn’t matter, as the EA uses internal multi-timeframe logic. It adapts across different timeframes for optimal performance.
❓6. Is this The Gold Reaper MT4 suitable for prop firm challenges?
Yes. It includes specific features like daily drawdown limits, randomized trade execution, and non-aggressive risk strategies, making it highly suitable for prop firm accounts and funding challenges.
❓7. How does the The Gold Reaper MT4 handle fundamental events like NFP?
The EA features a built-in NFP (Non-Farm Payroll) filter that can automatically close open trades and delete pending orders before the news event, then resume trading after a user-defined pause.
❓8. What’s the minimum account balance required?
The EA requires a minimum account balance of $300. However, it can auto-scale its lot sizes to suit both smaller and larger accounts based on your max drawdown tolerance.
❓9. What backtesting results and stress tests are available?
The EA has been stress tested over the longest Gold historical data across multiple broker feeds. Backtests show stable equity curves, controlled drawdowns, and fast recovery, proving its robustness and reliability.
❓10. Can I use this The Gold Reaper MT4 with manual or custom settings?
Absolutely. You can manually configure settings such as trade frequency, lot size, drawdown limits, NFP behavior, and more. However, the default settings are optimized for most users and ensure safety and performance.
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