The Gold Reaper is a multi-timeframe breakout EA for XAUUSD (MetaTrader 5) that trades breakouts of key support/resistance levels using multiple confirmation algorithms and several internal strategies. Every trade carries a real stop loss, take profit and trailing stop — no grid, no martingale — with automatic risk-sizing to your chosen max drawdown and built-in prop-firm controls. Included in the Trading Kernel Starter Pack.

The Gold Reaper

49.00$

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In the Starter Pack · XAUUSD · MetaTrader 5

The Gold Reaper

A multi-timeframe breakout Expert Advisor for gold. It trades breakouts of important support and resistance levels, using several confirmation algorithms and multiple internal strategies to spread risk across trades. Every position carries a real stop loss and take profit, plus a trailing stop and trailing take profit — and it auto-adapts trade frequency and lot size to your account and your chosen maximum drawdown. No grid. No martingale.

No gridNo martingaleSL & TP on every trade Trailing SL / TPMulti-timeframeProp-firm readyAuto risk sizing
XAUUSD
Instrument
MT5
Platform
v4.6
Current version
H1
Setup timeframe

⏳ Why there’s no Kernel Rating on this one yet

The Gold Reaper is live in our Starter Pack, but it’s a selective, lower-frequency breakout system — so on our own tracking it simply hasn’t closed enough trades yet to judge fairly. Rather than publish a number built on a handful of trades, we’re holding our verdict: we don’t rate what we can’t measure. Below is an honest description of how it’s built and what to expect. A Kernel Rating will follow once the live sample is large enough to mean something. In the meantime, the developer’s public marketplace record is shown further down as third-party context.

How it trades

A real breakout strategy, with real stops

The design is deliberately conventional — the value is in the execution, not in an exotic gimmick. Here is what the strategy actually does.

Core idea

Support / resistance breakouts

Trades breakouts of important levels on gold — a highly volatile instrument that suits this style — using multiple confirmation algorithms to filter entries.

Structure

Multiple internal strategies

Runs several strategies across multiple timeframes at once, spreading risk rather than betting everything on a single signal.

Risk per trade

SL + TP on every position

Every trade has a hard stop loss and take profit, plus a trailing stop and trailing take profit to protect and extend each trade.

Position sizing

Auto-sized to your drawdown

Set your maximum allowed drawdown; the EA determines trade frequency and lot size automatically from your balance and that limit.

What it isn’t

No grid, no martingale

The developer is explicit: no grid, no martingale, no lot-multiplication after losses. Losing trades are cut by the stop, not averaged into.

News handling

NFP filter & weekend control

A built-in NFP news filter can close trades and pending orders around the event, and a Friday-stop setting can keep it flat over the weekend.

Configuration

What you control

Easy to run on defaults, but genuinely configurable for prop-firm rules and personal risk appetite.

  • Trade frequency — conservative → extreme, or fully automatic
  • Max allowed drawdown — drives automatic lot sizing
  • Max daily drawdown — closes out and waits (useful for prop)
  • Randomization — varies entries slightly across users / prop accounts
  • NFP filter — with auto-GMT detection
  • Friday stop hour — avoid holding over the weekend
  • Use equity instead of balance for sizing
  • On-chart info panel (with 4K scaling option)

Recommended setup: attach to XAUUSD on H1, set your trade frequency (auto by default) and preferred max allowed drawdown. Minimum account balance per the developer: $600. A low-spread / ECN account and a VPS are recommended for gold.

Rating

Our verdict — and the third-party record

Our own rating is pending until the live sample is meaningful. We won’t hide that. What we can show you now is the developer’s public marketplace record, clearly labelled as theirs, not ours.

Kernel Rating · Trading Kernel
Pending

Too few closed trades on our live tracking to score yet. We’ll publish a Kernel Rating — whatever it turns out to be — once the sample is large enough to stand behind.

Marketplace rating · MQL5
4.48 / 5

The developer’s public score across 112 buyer reviews, with a track record on the marketplace going back to early 2024. Strong and well-established — but it is the vendor’s marketplace rating, not an independent Trading Kernel verdict, and reviews include quiet stretches and broker-dependent results as well as praise.

Read before you run it

The risk picture, in one place

A well-built breakout EA is still a trading system on a volatile instrument. Here is the honest downside, kept in one section.

⚠️ What to expect

  • Quiet spells and drawdown periods are normal. A selective breakout system trades relatively rarely and goes through losing stretches several times a year. Judging it over days or a couple of trades is misleading — both the developer and long-term users stress this.
  • Broker conditions matter. Spread, slippage and execution on gold vary between brokers; some users report their fills not matching the developer’s signal. A low-spread / ECN account and a VPS are recommended.
  • Default settings lean aggressive. Some experienced users consider the defaults on the higher-risk side, especially on small accounts. Size conservatively and use the max-drawdown control.
  • Gold + small accounts need care. The developer lists a $600 minimum, but more capital and conservative frequency give the drawdown control more room to work.
  • No guarantees. CFD trading carries substantial risk and past results — including the marketplace record above — do not guarantee future performance.
Questions

Straight answers

Why doesn’t this page show a performance track record?
Because our own live sample in the Starter Pack is still too small to be meaningful. We publish figures we can stand behind, not numbers stretched from a handful of trades. When the sample is large enough, a full Kernel Rating and record will appear here.
Does it use grid or martingale?
No. The developer states plainly: no grid, no martingale, no lot-multiplication after losses. Every trade has a real stop loss and take profit, and losers are cut rather than averaged into.
How often does it trade?
It’s selective by design and does not trade every day. You can set trade frequency from very conservative to extreme, or leave it on automatic, where the EA decides based on your balance and max-drawdown setting.
Can I use it on a prop firm account?
It’s built with prop firms in mind — a max daily drawdown control, entry randomization and an NFP filter are included, and the developer publishes a prop-firm set file. As always, confirm your firm’s specific rules first.
What do I need to run it?
MetaTrader 5, a XAUUSD chart (H1 recommended for setup), a low-spread / ECN account and ideally a VPS for stable execution. Minimum account balance per the developer is $600.
Did Trading Kernel build this?
No. The Gold Reaper is a third-party EA by Profalgo Limited (Wim Schrynemakers). It is licensed and reviewed by Trading Kernel, not authored by us.

The Gold Reaper

A disciplined, stop-protected gold breakout system — included in the Trading Kernel Starter Pack while we build our own live record on it. Add it to your cart using the button at the top of this page.

Platform
MetaTrader 5
Symbol
XAUUSD / Gold
Version
4.6
Setup timeframe
H1
Risk model
SL + TP every trade, no grid/martingale
Min deposit
$600 (developer)
Licensing & authorship. The Gold Reaper is a third-party Expert Advisor developed by Profalgo Limited (Wim Schrynemakers) and licensed / reviewed by Trading Kernel LLC — it was not built by Trading Kernel. Trading Kernel is non-custodial: the software runs in your own MetaTrader 5 terminal on your own broker account; we never hold funds or trade on your behalf.
Risk disclosure

Trading foreign exchange, CFDs and other leveraged products — including gold (XAUUSD) — carries a high level of risk and may not be suitable for all investors. Breakout strategies experience losing trades and drawdown periods, and results vary with broker spread, slippage and execution. Any third-party ratings or figures referenced on this page are the property of their sources and are shown for context only; they are not independently verified performance claims by Trading Kernel, and no live Trading Kernel performance record is presented here. Past performance does not guarantee future results. Nothing here is investment advice or a solicitation. You are solely responsible for your trading decisions and for complying with the rules of any broker or prop firm you use. CFTC Rule 4.41: hypothetical or simulated performance results have certain limitations and, unlike an actual performance record, do not represent actual trading.

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