The Gold reaper EA MyFxbook monitoring
The Gold Reaper EA is verified by a third independent party - the MyFxbook service. This means that all transactions of this trading robot on the seller’s platform are displayed on the MyFxbook service website and the author does not have the opportunity to fool users.
Gold Reaper EA MT4 strategy
Building on the highly successful Goldtrade Pro, this Expert Advisor (EA) is engineered to operate across multiple timeframes simultaneously, offering adjustable trade frequencies ranging from very conservative to extremely volatile.
The EA employs several confirmation algorithms to pinpoint the optimal entry price and integrates multiple strategies internally to diversify trade risks.
Every trade is safeguarded with a stoploss and takeprofit, enhanced by a trailing stoploss and trailing takeprofit to minimize risks and maximize each trade’s potential.
The foundation of the system is a popular and tested strategy: trading breakouts at crucial support and resistance levels. Gold, known for its high volatility, is particularly well-suited for this strategy.
Prop Firm Ready system Gold Reaper EA - is exactly what you need!
Control the maximum drawdown in manual settings and go to success in any Prop Firm challenge!
The system automatically adjusts trade frequency and lot size based on the size of your account and your maximum allowable drawdown settings.
Backtesting reveals a stable growth curve characterized by controlled drawdowns and quick recoveries.
This EA has undergone extensive stress testing for the longest available periods for Gold, utilizing multiple price feeds from various brokers, demonstrating robust performance under all tested conditions.
There are no gimmicks like "neural network/machine learning AI/ChatGPT/Quantum computer/perfect straight line backtests" in our sales pitch. Instead, we offer a genuine and trustworthy trading system founded on a proven methodology for both development and live execution.
As a developer with over 15 years of experience in creating automated trading systems, I understand what works and what doesn't. I am committed to developing reliable systems that perform in live trading as well as they do in backtests, without compromising integrity.
Key Features of Gold Reaper EA MT4
- Trading strategy: breaking through support and resistance levels
- Asset for trading: XAUUSD (GOLD)
- Profitability: 10-25% per month
- Maximum trading DD: you can set it yourself up to 3% or up to 5% or up to 9% – it depends on the attitude to risk on the part of the user or on the rules of the broker (or Prop Firm).
- Trading platform: MetaTrader 4
- Trading hours: around the clock
- Timeframe for trading: can be set to any timeframe, the trading robot itself determines which timeframe to trade on
Kevin R –
This is an excellent trading robot for Forex. I have passed challenges at 3 different Prop Firms!! Gold Reaper trades on my favorite asset, GOLD, and all my trades are 100% in line with its official monitoring on MyFxbook.