The Gold Reaper Source Code V4.1 is a sophisticated MetaTrader 4 Expert Advisor built specifically for trading XAUUSD (Gold). This EA utilizes a proven multi-timeframe breakout strategy, scanning across H1, H4, and Daily charts to identify key support and resistance levels with precision. Unlike many over-hyped systems that rely on questionable AI marketing, this EA delivers honest, robust performance with automatic lot sizing and smart risk management. With verified 213.78% live growth, a 63.37% win rate, and controlled 14-17% drawdowns, it is equally suitable for individual traders and prop firm challenges.

🔥 Key Features

Multi-Timeframe Breakout Strategy: Analyzes H1, H4, and Daily timeframes internally to find the best breakout entries.
No Grid / No Martingale: Every trade has a stop loss, take profit, and dynamic trailing stops – no risky recovery methods.
Smart Automatic Lot Sizing: Adapts trade size based on your account balance and preferred maximum drawdown.
Prop Firm Ready: Includes randomization, daily drawdown limits, and NFP news filter to comply with funded account rules.
Multi-Strategy Architecture: Runs 9 complementary strategies internally to spread risk and diversify entries.
Realistic & Verified Performance: Stress-tested across the longest available gold data with multiple brokers – no "perfect straight line" backtest tricks.
Easy Installation: Attach to any chart – timeframe does not matter as the EA does its own analysis.

⚙️ Recommended Settings

Pair: XAUUSD (Gold)
Timeframe: Any timeframe works (EA performs internal multi-timeframe analysis)
Trade Frequency: Auto (EA adjusts based on balance and drawdown)
Max Allowed Drawdown: 15-20% (adjust according to risk tolerance)
Lotsize Calculation Method: Max Allowed Total Drawdown
Randomization: Set to 50 (for variation across users and prop firms)
Friday Stop Hour: 25 (Disabled to keep trades through weekend)
NFP Filter: Enable to avoid high-impact news volatility

✅ Advantages

✅ Proven Live Performance: Verified 213.78% growth with controlled drawdowns.
✅ No Risky Strategies: No grid, martingale, or dangerous money management.
✅ Fully Automated: Set your risk level and let the EA handle everything.
✅ Prop Firm Compatibility: Designed to pass funded account challenges.
✅ Multi-Timeframe Analysis: Captures breakouts that single-timeframe systems miss.
✅ Smart Trailing Stops: Maximizes winning trades and protects profits.
✅ Low Correlation with Other EAs: Can be run alongside Goldtrade Pro for even stronger growth.

⚠️ Disadvantages

⚠️ Drawdown Periods: Can experience 14-17% drawdown during ranging markets – requires patience.
⚠️ Cyclical Performance: 80% of growth often occurs in just 5% of trading time; users must stay committed.
⚠️ Minimal User Control: "Auto" mode handles most decisions, limiting manual customization.
⚠️ Requires Patience: May have flat periods before explosive breakout runs.
⚠️ Gold-Specific: Optimized only for XAUUSD – not suitable for other instruments.

📌 Bottom Line: The Gold Reaper Source Code V4.1 is an honest, robust, and performance-driven gold trading system that delivers what it promises – no hype, just reliable breakout trading with intelligent risk management.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.