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Gold Reaper X Pro is an MT5 expert advisor for XAUUSD that looks for EMA trend alignment confirmed by RSI momentum on the M1 chart. It offers risk-percent or fixed-lot sizing, stop loss and take profit on each trade, and an on-chart dashboard.
Get one message the moment it launches, with its price.
Gold Reaper X Pro is an expert advisor for MetaTrader 5 that trades gold against the US dollar (XAUUSD). It looks for a trend using two exponential moving averages, checks momentum with RSI, and then manages the trade with a stop loss, a take profit and optional trailing features.
The entry logic compares a faster EMA with a slower one to judge the direction of the trend. RSI around its 50 level is then used as a momentum confirmation. When both agree, the expert opens a position sized either from a fixed lot or from the percentage of the account you choose to risk on the trade.
Each trade is meant to carry its own stop loss and take profit from the moment it opens. Other management options include:
The product is tagged for trend, momentum and grid styles. The way positions are handled can differ between releases, so open the inputs tab after loading it and confirm how many positions the expert is allowed to hold before you trade it live.
The expert is intended for XAUUSD on the M1 chart. Gold quotes, point size and spreads differ between brokers, and some use suffixes such as .a or m on the symbol name. Check the spread in Market Watch during the sessions you plan to trade.
The inputs below are the main ones to review. The defaults noted are typical for the current design, so confirm them in the inputs tab for the copy you download.
| Input | Purpose | Typical default |
|---|---|---|
| RiskPercent | Share of balance risked per trade | 1.0 percent |
| FixedLot | Manual lot size if you do not use risk percent | Check inputs |
| Stop loss | Distance of the protective stop, in points | 400 points |
| Take profit | Distance of the profit target, in points | 1200 points |
| MaxSpreadPoints | Highest spread at which new entries are allowed | Set for your broker |
| Cooldowns | Pause after a stop loss or take profit | 30 and 5 minutes |
An on-chart panel shows the EMA trend, RSI value, live spread, floating profit or loss, balance, equity, open position count and the current operating mode. Buttons let you start, stop or close the position the expert manages. A paused state is kept across restarts of the terminal or VPS.
The author suggests a balance of around 500 USD or more under normal conditions, but the real minimum depends on your broker's smallest lot size, leverage and margin rules. A cent account can be used to watch live execution with smaller exposure. Because the expert runs on M1, a stable VPS is a sensible choice.
Trading gold carries substantial risk. Past results, including any backtests, do not predict future performance. Spreads, slippage, leverage, execution quality and sudden volatility can all change outcomes. Test on a demo account for several weeks first and choose risk settings that suit your account.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Gold or XAUUSD, Trend, Grid, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Market | XAUUSD (gold); symbol naming varies by broker |
| Timeframe | M1 chart |
| Trade style | Trend following with momentum filter |
| Position sizing | Risk percent or fixed lot |
| Requirements | Algo trading enabled; low-latency VPS suggested |
| Account type | Works on standard or cent accounts, subject to broker lot rules |
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No. This listing is the MetaTrader 5 build and it will not run on MT4. Use it only in an MT5 terminal.
The expert is designed for XAUUSD on the M1 chart. Gold symbols are named differently at different brokers, so check that the symbol on your chart is the broker's spot gold instrument.
The expert is designed to run on its built-in default inputs. If you have used an earlier release of this product, press F7 on the chart and use Reset to load clean defaults, because settings saved from an older release may not match the current inputs.
Check the typical gold spread in Market Watch and set the maximum spread input to suit it. Also check minimum lot size, margin requirements, stop level rules and server time for the Friday close option.
No. It does not use a news feed. You can pause new entries from the dashboard before high-impact releases and resume once spreads and volatility settle.
Not strictly, but because the expert works on M1 and needs the terminal running continuously, a stable VPS with low latency is a sensible choice.
Gold Reaper X Pro
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