4.46/5 MQL5 · v4.6 · Profalgo Limited · AI Score 8.8/10
The Gold Reaper MT5 by Profalgo Limited is a MetaTrader 5 XAUUSD breakout Expert Advisor built to run on multiple timeframes at once, with auto-adapting trade frequency and lot size, trailing SL/TP, and no grid or martingale.
Listed at $949 on MQL5 (product 111357), version 4.6, 4.46/5 from 108 reviews, and 26,193 demos. Our AI score is 8.8/10. Work through the analysis below to judge if The Gold Reaper MT5’s multi-TF gold breakouts fit your account size, broker conditions, and drawdown tolerance.
Try the AI Tool Finder — or jump to ranked alternatives after market analysis.
Based on our analysis of The Gold Reaper MT5, here is what the scores mean for traders evaluating this multi-timeframe gold breakout EA:
What this means: Multiple confirmation algorithms plus internal strategy diversification are a strong design story for XAUUSD entries—and 108 reviews at 4.46/5 support market trust—but accuracy here is architecture fit, not a guaranteed win rate on your broker.
What this means: No recovery stacking keeps upside more transparent than grid bots, yet gold breakouts still draw down. Profitability depends on max-allowed drawdown settings and forward proof via signal #2265877.
What this means: Trade frequency is tunable from conservative to aggressive across timeframes—not a pure M1 scalper, but faster than D1-only gold systems when you raise frequency.
What this means: Active v4.6 maintenance (updated 19 May 2026), fixed SL/TP per trade, NFP filter, and AutoGMT support operational reliability—still verify on your VPS and broker.
What this means: Attach on XAUUSD, keep defaults or set max drawdown, load the prop-firm set if needed—and allow worldtimeserver.com for AutoGMT.
What this means: Frequency presets, multi-TF attachment, NFP filter, and drawdown caps give room to tune without inventing a grid layer.
What this means: MT5 + XAUUSD focus is clear. WebRequest for GMT/NFP timing needs a one-time terminal allowlist; minimum suggested balance is $600.
What this means: Profalgo’s long MQL5 track record (Gold Trade Pro lineage, public group, manuals) and prop-firm set file support strong post-purchase setup themes.
What this means: Continuous versioning from the Feb 2024 launch through v4.6 (May 2026) shows active care on a mature listing.
What this means: 4.46/5 across 108 reviews plus 26,193 demos is deep market feedback—read recent comments and the live signal curve, not only the average.
Our AI score of 8.8/10 reflects a mature no-grid multi-TF gold breakout EA from an established Profalgo lineup. Large review/demo volume and live-signal transparency are positives; $949 pricing and aggressive frequency modes mean you should treat signal #2265877 and a multi-month demo as required due diligence.
Best suited for: MT5 traders who want XAUUSD automation without martingale/grid and can start with conservative frequency and drawdown caps.
Proceed with caution if: You need rock-bottom entry pricing or Strategy Tester shortcuts without forward proof—see ranked alternatives for other no-martingale gold options.
Designed to run on multiple gold charts at once with confirmation algorithms seeking stronger entry prices.
Trade frequency and lot size adapt from your account size and max-allowed drawdown—from conservative to aggressive modes.
Every trade uses stop loss and take profit plus trailing exits—no recovery stacking on volatile gold.
Marketed as prop-firm ready with a published propfirm set file, drawdown controls, and NFP filtering options.
AutoGMT uses worldtimeserver.com (allowlisted URL required). NFP filters can reduce event-window risk.
Developer links a propfirm set on the product page—load it instead of guessing risk parameters from scratch.
No grid/martingale plus fixed SL/TP and trailing exits suits traders who reject recovery stacking on volatile gold.
108 reviews, 26,193 demos, and a dedicated MQL5 live signal give more transparency than thin new listings.
Not set on multi-TF gold breakouts? See our ranked alternatives below—each with AI scores and a one-click compare view against this tool.
Official listing: The Gold Reaper MT5 on MQL5. Live results: signal #2265877. Prop-firm set: propfirm set file.
Note: Prop-firm set file: https://c.mql5.com/31/1047/propfirm__1.set. Live signal reference: https://www.mql5.com/en/signals/2265877.
The Gold Reaper MT5 is available on MQL5 (product 111357) for $949 USD. Includes 10 activations; a prop-firm set file is linked from the product page.
The listed buy price is $949 USD on MQL5 (product 111357). A free demo is available (26,193 downloads). Includes 10 activations. Launch notes mention a planned final price of $990.
No. The developer designs trades with predefined stop loss and take profit, plus trailing exits—not grid or martingale recovery.
Trade XAUUSD. The EA is built to run on multiple timeframes at the same time; start with developer defaults, then adjust trade frequency carefully.
Profalgo lists a $600 minimum account balance. Use conservative max-drawdown settings on smaller accounts and demo first.
Add https://www.worldtimeserver.com/ to Allowed URLs in Tools → Options → Expert Advisors so AutoGMT / news timing can work.
See the official MQL5 Gold Reaper signal #2265877, then confirm behavior on your own broker demo.