Platinum Gold Reaper EA — XAUUSD Grid System with 2.18 Profit Factor

Platinum Gold Reaper is a MetaTrader 4 Expert Advisor that trades XAUUSD exclusively using a grid-based accumulation strategy with a 1.4x lot multiplier across up to 20 grid levels.

A 3-month backtest on $1,000 capital shows 72.85% win rate, 2.18 profit factor, and 25.20% peak drawdown — with 1,698 trades executed across the full test window.

>>>> Join the Telegram community for free discussions.

Key Benefits

• ✅ Profit Factor: 2.18 profit factor on $1,000 capital — grid compounding means a sustained directional move against all open levels can erase multiple sessions of gains.
• ✅ Strategy: Exploits XAUUSD’s mean-reverting intraday oscillations by spacing entries at 200-point intervals — trend days without reversal leave the full basket exposed. Compare EA strategies
• ✅ Risk Control: MaxLevel cap of 20 limits basket depth and prevents unlimited grid expansion — though at 0.03 lots base with 1.4x multiplier, level 20 carries significant notional exposure.
• ✅ Trade Volume: 1,698 trades across 3 months provides statistically meaningful signal — high frequency means broker execution quality directly affects net results.

Platinum Gold Reaper Performance

Two backtests are available for this EA — one on $1,000 capital and one on $5,000 capital, both covering January–March 2025 on the M1 XAUUSD chart.

The $1,000 backtest used 99%-quality tick modeling: 1,698 trades, 72.85% win rate, 2.18 profit factor, 25.20% peak drawdown, net profit $6,739 over roughly 11 weeks.

The $5,000 backtest used control-point modeling (lower fidelity): 1,752 trades, 73.23% win rate, 2.27 profit factor, 19.20% peak drawdown, net profit $11,318 over the same window.

Performance Snapshot

The grid compounds exposure when price moves against the basket without reversing: with Distance set to 200 points and Multiplier at 1.4x, each additional level increases notional risk geometrically. At 5+ open levels in a sustained gold trend, correlated exposure grows faster than the 73% win rate can offset. This is a structural characteristic of grid strategies — it cannot be removed, only sized for.

Reducing base lot size from 0.03 to 0.01 on a $1,000 account, or from 0.05 to 0.02 on a $5,000 account, limits maximum basket notional without changing entry logic — but the post-mitigation drawdown outcome at those settings is not documented in available backtest data and requires your own demo testing to classify.

Lowering MaxLevel from 20 to 8–10 limits how deep the grid extends in a runaway trend, capping the worst-case loss scenario at the cost of fewer recovery trades when price eventually reverses.

The $1,000 figures come from tick-data backtesting; the $5,000 figures used control-point modeling — neither covers live spread conditions, slippage, or execution latency your broker will introduce.

How It Works

Mechanism: Platinum Gold Reaper targets XAUUSD’s intraday price oscillations on the M1 chart. When price moves away from the last entry by 200 points, the EA opens the next grid level at 1.4x the previous lot size. The strategy profits when price reverses and closes the basket at the combined take profit — designed for ranging or slowly trending gold sessions where mean reversion is consistent.

Signal Trigger: New grid level opens when price moves 200 points (Distance parameter) beyond the prior entry in the same direction. No external indicator confirmation is documented — price distance alone triggers the next position.

Position Close: Basket closes when combined floating profit reaches the TP parameter (100 points equivalent). No individual trade stop loss is set (SL = 0) — the entire grid relies on collective take profit for exit.

Exposure Limits: MaxLevel = 20 caps the number of simultaneous grid positions. With 1.4x multiplier compounding, level 20 represents substantially larger notional than the base lot — the practical exposure limit is set by your account size and base lot choice, not MaxLevel alone.

✅ Optimal conditions: Ranging XAUUSD sessions with defined oscillation bands; moderate volatility where 200-point moves reverse within the session; stable spread environment below 15 points.

⚠️ Avoid when: Strong directional gold trends driven by macro events (Fed decisions, geopolitical shock) — price can extend through multiple grid levels without reversing, stacking correlated long or short exposure. Also avoid during broker spread widening events where the 13-point test spread doubles or more.

>>>> See more popular MT4 product:AI Funding Passing EA MT4

Recommended Settings

Who Should Use Platinum Gold Reaper

Purchase this EA if you:

• ✅ Run MT4 on a VPS with a low-spread ECN broker offering XAUUSD below 15 points
• ✅ Have $1,000 minimum account capital and understand that base lot must scale proportionally — running 0.05 lots on $1,000 increases drawdown risk significantly beyond the 25% documented figure
• ✅ Accept that grid strategies carry structural drawdown risk during sustained trends — no setting eliminates this, only lot size and MaxLevel reduce it
• ✅ Will complete 60+ days of demo testing before going live, including at least one major gold trend event

Performance verified with: MT4 demo account, ECN broker (ICMarkets), tick-data and control-point backtests January–March 2025.

Product Download Package Includes

1. Experts:

✅ PLATINUM GOLD REAPER_fix.ex4

2. Presets:

✅ Gold_Multiplier Lot.set
✅ Gold_Fixlot_$1k.set
✅ Gold_Fixlot_$2k.set
✅ Gold_Fixlot_$5k_Low Risk.set
✅ Gold_Fixlot_$5k_Medium Risk.set
✅ Gold_Fixlot_$5k_High Risk.set

Frequently Asked Questions