Gold Reaper EA V1.91 MT4

Overview

The Gold Reaper EA V1.91 is a powerful trading tool designed for MetaTrader 4 (MT4). Developed by Profalgo Limited, this EA combines professional trading features with advanced risk management. Here’s what you need to know:

• Trading Instrument: Gold (XAUUSD)
• Risk Management: The EA avoids risky strategies like Martingale or Grid.
• Multiple Timeframes: It can run on multiple timeframes simultaneously.
• Trade Frequency: You can adjust the trade frequency from conservative to extremely volatile.

Trading Strategy

The Gold Reaper EA uses a robust strategy based on breakouts of important support and resistance levels. Here’s how it works:

1. Entry Points: The EA identifies key support and resistance zones.
2. Confirmation Algorithms: Multiple confirmation algorithms help find optimal entry prices.
3. Risk Control: Each trade has a stop loss (SL) and take profit (TP). Trailing stop loss and trailing take profit are also used to manage risk.

Recommended Settings

• Minimum Deposit: Start with a minimum account balance of $300.
• Backtesting: Run backtests on XAUUSD using default settings or adjust the maximum allowed drawdown to your preference.
• Trade Frequency: The EA adapts automatically based on your account size and drawdown settings.

Available Pairs

The Gold Reaper EA focuses exclusively on XAUUSD (Gold).

Get Started

1. Install the EA on your MT4 chart.
2. Set your preferred maximum allowed drawdown.
3. Let the EA determine trade frequency and lot size automatically.

You can check more on –

yoforex.org

fxcracked.org

forexfactory.cc

yoforexea.com

mql5.software

Download and Installation

You can download the The Gold Reaper EA V1.90 from the official website: Follow these steps:

1. Visit the download page https://www.fxcracked.org/product/the-gold-reaper-ea-v1-91/

Visit our website https://www.fxcracked.org/ for additional resources and insights.

Contact:  @yoforexpremium

😎💫Happy Trading💫😎