The Gold Reaper MT5 + SetFiles (Latest version) – GroupBuy

The Gold Reaper MT5 – Advanced Breakout Scalping System for XAUUSD (Gold)

The Gold Reaper MT5 is a next-generation Expert Advisor (EA) built upon the success of Goldtrade Pro. Designed specifically for XAUUSD (Gold), this powerful EA supports multi-timeframe trading, customizable trade frequency, and intelligent trade management systems to deliver high-performance automated trading with maximum safety and flexibility.

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About the Author

This product is compiled by Wim Schrynemakers. This Malta author has more than +11 years of experience working on MQL5 with many famous products such as The Gold Reaper MT5, Bitcoin Scalp Pro MT5, Daytrade Pro Algo MT5, Advanced Scalper MT5, Stability Pro MT5, Apex Trader MT5, Goldbot One MT5 and others. Among them, The Gold Reaper MT5 is his best performing product.

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Main Features of The Gold Reaper MT5

🔹Multi-Timeframe Breakout Strategy – Built on the proven breakout methodology, this EA trades key support and resistance levels across multiple timeframes for enhanced market coverage.
🔹Smart Auto-Adaptive Trade Management – Automatically adjusts lot size and trade frequency based on account balance and your preferred maximum drawdown — no manual optimization needed.
🔹Dynamic Risk Control System – Each trade is equipped with Stop Loss (SL), Take Profit (TP), Trailing SL, and Trailing TP — minimizing drawdown and maximizing returns.
🔹Multiple Internal Strategies – Diversifies trading logic to spread risk across multiple algorithmic paths, increasing robustness in various market conditions.

Additional Features

🔹Customizable Trade Frequency – Choose from ultra-conservative to extreme trading setups manually or let the EA auto-adjust based on your risk tolerance.
🔹Prop Firm Ready – Includes features like Max Daily Drawdown control, randomization of entries/exits, and NFP filters to comply with funded account rules.
🔹No Martingale, No Grid – Designed with safety in mind — avoids high-risk strategies and focuses on sustainable long-term growth.
🔹Stress Tested Across Brokers – Proven to perform under various brokers and historical conditions — includes deep backtests and forward testing on XAUUSD.
🔹Ultra-Easy Setup – Just attach to a gold chart, set your max drawdown or preferred lot strategy, and you’re ready to go — chart timeframe doesn’t matter.
🔹Advanced News Handling – NFP filter automatically manages trades around high-impact events, with customizable timing for closing and resuming trades.

The Gold Reaper MT5 Review

1. The Gold Reaper MT5 MyFxBook:

The real profit performance of The Gold Reaper MT5 has been thoroughly verified by Myfxbook. The fully automated advisor is designed to deliver consistent profits on the XAUUSD (Gold vs USD) pair using precision-based strategies. This EA has been running on a live account and has shown impressive results in the long term.

✅ Total Gain: +169.59%
✅ Monthly Return: 18.31%
✅ Max Drawdown: 14.83%
✅ Signal Myfxbook: View here

The Gold Reaper MT5 Live Myfxbook

The Gold Reaper MT5 Live Signal Myfxbook

2. The Gold Reaper MT5 Live Results:

The Gold Reaper MT5 focuses on steady, low-risk growth by trading XAU/USD using algorithmic strategies that have been fine-tuned to ensure consistency and risk control. Here are the detailed profit performance on this advisor’s live account:

✅ Initial Deposit: $1,615
✅ Total Growth: +41%
✅ Tracking Period: 25 weeks (~6 months)
✅ Maximum Drawdown: 16.8%
✅ Profit Trades: 65.4%
✅ Live Trading Signal: View here

The Gold Reaper MT5 Live Results

3. The Gold Reaper MT5 Backtest Results:

🔹Backtested from 2020 to 2024, this EA demonstrates consistent long-term profitability and excellent trade management even under strong compounding conditions with a test capital of $300. Detailed performance parameters include:

✅ Total Net Profit: $108,822.75
✅ Test Period: 2020–2024
✅ Profit Trades (% Win): 81.64%
✅ Maximal Drawdown: 4.52%

The Gold Reaper MT5 Backtest Results

🔹The Gold Reaper MT5 – Prop Firm Optimized EA (Backtest 2020–2024). This automated system is engineered to meet strict drawdown limits while delivering robust profits using XAUUSD (Gold) on MetaTrader 5. Here is the performance of this advisor with Prop Firm settings:

✅ Initial Deposit: $100,000
✅ Total Net Profit: $164,183.53
✅ Win Rate: 86.59%
✅ Maximal Drawdown: 3.50%

The Gold Reaper MT5 Backtest Trading Results

🔹Backtested 2020–2024 with a deposit of $10,000. This EA demonstrates exceptional results in a medium risk profile, ideal for retail traders and challenges with funded accounts below the 30% drawdown threshold. Detailed performance parameters include:

✅ Total Net Profit: $196,397.79
✅ Win Rate: 81.48%
✅ Maximal Drawdown: 11.75%

The Gold Reaper MT5 Backtests Trading Results

User Reviews and Feedback

The Gold Reaper MT5 delivers outstanding trading performance, particularly when optimized for the Gold (XAUUSD), showcasing its potential to generate consistent profits. Highly rated and trusted by the MQL5 community, this expert advisor combines advanced strategies with reliable results, making it a top choice for traders seeking efficiency and profitability in the forex market. Here are 5 star user reviews:

🔹Daichi Matsuki (2025.04.01) : “My live results are in perfect agreement with the backtests. The developer is trustworthy. This EA is by far the best. You will understand how amazing this EA is if you continue to use it for a long time.”
🔹Sharif Hamwi (2024.12.16): “The Gold Reaper Has been a great ea since day one and the author only keeps improving it to make it even better and better.”
🔹Gravity Tool (2024.11.09): “I have had the Gold Reaper as part of my portfolio for a few months now. It works as expected and the live results are in line with the backtests, which I think is a very important point. In some reviews here people complain about the drawdown period of the EA in the last few months. To sum up: Great EA, great evolution of the strategy, so a strong recommendation from me.”

Recommended settings

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

Why should you choose to use The Gold Reaper MT5?

🔹Consistent Performance with Steady Growth – Backtests and live results show smooth equity curves and quick recovery from losses — ideal for serious traders.
🔹Highly Controlled Withdrawals – Sophisticated controls for daily and overall withdrawals protect your capital while allowing flexibility in strategy.
🔹Verified Performance – Developed by an expert with over 15 years of algorithmic trading experience — no marketing fluff, just real, tested performance.
🔹Optimized for Proprietary Trading Accounts – Features like Randomization, Max Daily DD, and News Filter ensure high compliance with Proprietary Trading Firm requirements.
🔹Specially designed for Gold (XAUUSD) – Take advantage of gold’s natural volatility — perfectly suited to breakout strategies and scalping systems.

Product Download Package?

The download package of the product suite includes:

1. Experts:

✅ Installation Guide.docx
✅ Setting (If Any).docx

2. Presets:

✅ propfirm__1.set

Conclusion

In short, The Gold Reaper MT5 is a cutting-edge expert advisor specifically optimized for trading XAUUSD (Gold) on MetaTrader 5, combining precision breakout strategies, adaptive risk management, and multi-timeframe analysis to deliver consistent, low-risk profitability. Designed by seasoned developer Wim Schrynemakers, this EA is engineered for serious traders and prop firm challengers alike, with features that ensure both performance and compliance.

From its smart trade frequency adjustment and no-grid, no-martingale logic to its verified Myfxbook results, The Gold Reaper MT5 stands out as a high-performance, prop-firm ready trading robot. Backtests from 2020 to 2024 show net profits exceeding $190,000 with drawdowns as low as 3.5%, while live accounts confirm real-time success with gains of over 160%.