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Gold Reaper Ultimate is an MT5 expert advisor for XAUUSD on the H1 chart. It combines momentum, trend-strength and volatility filters to time entries and uses an adaptive trailing stop to manage open trades.
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Gold Reaper Ultimate is a fully automated expert advisor for MetaTrader 5 that trades gold (XAUUSD) on the hourly chart. It looks for moments when momentum and trend strength line up, filters out quiet or choppy conditions, and then manages the open position with an adaptive trailing stop.
The logic combines several well-known indicators into one decision process. Rather than reacting to a single signal, the expert waits for agreement between them before it opens a trade.
Gold often produces sharp spikes that reverse quickly. A filter built on Bollinger Bands and volume is intended to reduce entries during flat periods or thin, noisy price action. No filter removes false signals completely, so losing trades should be expected.
Open trades are handled by a trailing stop that adjusts to market context instead of following a fixed number of points. The aim is to stay in a trend while it continues and tighten protection when conditions change.
The expert is designed for XAUUSD on the H1 timeframe. Other symbols and timeframes are outside its stated purpose, and you should not assume they will behave in the same way. The trade style is trend following with momentum and breakout elements, which means positions are typically held for part of a day or longer rather than scalped within minutes.
Exact input names and defaults can differ, so open the Inputs tab after attaching the expert and read each field before trading. The table lists the groups of settings worth checking.
| Setting group | What to check |
|---|---|
| Lot size and risk | Fixed lot or risk-based sizing, and how it relates to your balance |
| Trailing stop | How the adaptive trailing is enabled and any distance limits |
| Filters | Whether the ADX, Bollinger and volume filters can be adjusted |
| Trading hours and spread | Any session or maximum spread limits, important for gold |
| Magic number and comments | Identifiers, if you run several experts on one account |
The stated deposit guide is from 1000 USD, or 1000 US cents on a cent account. Treat this as a starting point only. Gold can move quickly, spreads can widen around news, and leverage magnifies both gains and losses.
Trading carries a high level of risk and you can lose your entire deposit. Past results do not predict future ones. Test on a demo account for at least several weeks before using real money, and never trade with funds you cannot afford to lose.
For continuous operation, many traders run the terminal on a VPS so that it stays connected. Check your broker's rules on automated trading and keep an eye on open positions regularly.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Momentum, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Market | Gold, XAUUSD |
| Timeframe | H1 (60 minutes) |
| Trade style | Trend, momentum and breakout |
| Indicators used | TDI, Parabolic SAR, ADX, Bollinger Bands, volume |
| Stated deposit guide | From 1000 USD, or 1000 US cents on a cent account |
| Account types | ECN and standard, subject to broker conditions |
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No. Gold Reaper Ultimate is built for MetaTrader 5 and will not run on MT4. If you use MT4, you will need a product that is written for that platform.
It is designed for gold, normally quoted as XAUUSD, on the H1 chart. Brokers sometimes add a suffix or use a different gold symbol name, so confirm the exact symbol in your Market Watch and attach the expert to an H1 chart of that symbol.
The stated guide is from 1000 USD, or 1000 US cents on a cent account. This is a guide, not a rule. The right amount depends on your lot size, leverage, broker contract size and how much drawdown you can accept, so check the lot and risk inputs before going live.
It is described as working on ECN and standard accounts. Gold spreads, commissions, stop levels and execution speed differ between brokers and affect results, so run it on a demo account with your own broker first.
Copy the expert file into the MQL5/Experts folder through File, Open Data Folder in MetaTrader 5, then restart the terminal or refresh the Navigator. Drag the expert onto an XAUUSD H1 chart and enable Algo Trading.
No. Trading gold with leverage carries a high level of risk, and past results do not predict future ones. Test on a demo account for several weeks and only trade with money you can afford to lose.
Gold Reaper Ultimate
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