Introduction


Gold (XAUUSD) is one of the most traded assets in the world—but it’s also one of the riskiest. Many Expert Advisors promise big profits but rely on dangerous methods like martingale or grid trading, which can blow up accounts. The Gold Reaper EA V3.5 MT5 was created to solve this problem.


This EA offers safe, prop-firm-friendly gold trading with no martingale, no grid, and no risky tricks. Designed to be simple and fully automated, it lets traders focus on results instead of endless tweaking.


Overview of The Gold Reaper EA V3.5 MT5


The Gold Reaper EA is designed for XAUUSD trading on the MetaTrader 5 platform. With its easy setup, it’s accessible to both beginners and advanced traders, including those looking to pass prop firm challenges.



  • Platform: MT5

  • Pair: XAUUSD (Gold)

  • Timeframe: Works on multiple (optimized defaults built-in)

  • Minimum Deposit: $300

  • Risk Style: No martingale, no grid, safe risk management

  • Prop Firm Ready: Yes, configurable drawdown settings

  • Broker Requirement: ECN or low-spread preferred

  • VPS: Recommended for continuous operation



Key Features of The Gold Reaper EA V3.5



  • Easy setup – install, set max drawdown, and trade

  • No martingale / no grid – eliminates risky money management systems

  • Prop firm ready – fully compliant with challenge rules

  • Automatic trade management – EA handles frequency and lot size

  • Drawdown control – you decide the maximum allowed drawdown

  • Good results across historical XAUUSD data – robust performance

  • Low capital friendly – minimum balance of $300

  • Hands-free operation – minimal manual oversight needed


How The Gold Reaper EA Works


The EA is designed around risk-first logic:



  1. User sets the maximum drawdown (e.g., 5%, 10%).

  2. The EA automatically determines lot size and frequency of trades.

  3. Trades are managed with strict stop loss and take profit rules.

  4. The system ensures that no single trade violates the chosen risk.

  5. Works within prop firm rules (daily loss, max drawdown).


Performance & Backtest Insights


Backtests on XAUUSD historical data show:



  • Profit factor: 1.6–1.9 depending on settings

  • Win rate: ~65–70%

  • Drawdown: Always within set user limits

  • Consistency: Stable growth without equity curve crashes

  • Suitability: Excellent for prop firm challenge trading


Unlike risky EAs, The Gold Reaper EA provides steady growth while protecting account balance.



Installation & Setup Guide



  1. Download The Gold Reaper EA V3.5 MT5 from FxCracked.org.

  2. Open MT5 → File → Open Data Folder → MQL5 → Experts.

  3. Copy EA into the Experts folder.

  4. Restart MT5.

  5. Attach EA to an XAUUSD chart.

  6. Set your maximum allowed drawdown.

  7. Enable Algo Trading.


Why Traders Choose The Gold Reaper EA



  • Safe trading logic – no grid, no martingale

  • Prop firm compliant – built for challenge accounts

  • User-friendly setup – easy even for beginners

  • Flexible drawdown control – you decide the risk

  • Low starting capital – only $300 minimum deposit

  • Trusted by the YoForex & FxCracked community


Support 


Need help with installation or optimization?



Call to Action


If you want a safe, simple, and prop-firm-friendly gold EA, the Gold Reaper EA V3.5 MT5 is your best choice.


Download The Gold Reaper EA V3.5 MT5 here


Trade gold with discipline, controlled drawdown, and automated precision.


YoForex – empowering traders worldwide, one free tool at a time.


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Happy Trading