Expert Advisors and Indicators for MetaTrader 4

Here you will find many programs for the MetaTrader 4 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 4

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The Reaper EA

249.00 USD176.79 USD

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MetaTrader 4
Profalgo Limited


Promo: Only 5 copies left at 249$!  Next price: 999$

Forget nice looking backtests: The Reaper EA is already ahead of the curve!

Let's face the truth: The biggest problem with most of the automated trading systems on the market, is that all of them show very nice backtests, but only a handfull actually perform on live accounts. 

This is very frustrating when you poured your hard earned money into them. (Not to mention the many EA's in the market, that use manipulated backtest results to sell the product ... but that's another story.)

The origin of the Reaper EA is a strategy that has already proven for many years to be a winner. From there it just got better.   Instead of relying on nice backtest results, "hoping" that the live results will match, this EA was developed using live trading and existing techniques as a starting point, and took it from there to make improvements.   

The result so far is a very stable EA with already many months of live results to show. 

This means that you'll be buying a product with a verified live track record, and not just a "nice looking backtests" EA.

The EA runs on 14 pairs.

Quick setup:  Run  THIS SET  on 1 EURUSD M5 chart and it will run the best 10 pairs. 

Verfied Performance ->

Since the start of the development, the EA has had multiple improvements and the current state of the EA is already a big improvement over the original first version, as you can witness in the almost 1 year of live trading results .  

Please read the blog after purchase:  

How to set up the EA:

  • It is important for the AutoGMT to work correctly to add this URL " " to the list of allowed URLs in the menu'Tools-> Options-> Expert Advisors'  before you launch the EA
  • Run on M5 only. Run on all pairs a seperate chart OR run all pairs from 1 chart using the OneChartSetup ( download BestPairs set , EURUSD M5 recommended)
  • I would recommend using "LotsizeStep" as AutolotMode. (Automatic money management)
  • LotsizeStep values-> Low risk: 500; Medium Risk: 250; High Risk: 150
  • It is recommended to run the EA on a low spread ECN broker.  
  • Minimum recommended accountsize: 250 $ for running all 14 pairs, but you could run only a few pairs on 100 $ as well.

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RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.