Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT4 · MT5
The Gold Reaper
The Gold Reaper is an expert advisor compatible with both MetaTrader 4 and MetaTrader 5, specifically designed for gold trading.
GitHub stars1
Forks1
Last update2 days ago2 Oct 2026
LicenceNone stated
Overview
The Gold Reaper executes trades based on fake breakout filters and high-low trailing stop losses, with options to restrict operations by trade frequency, spread, and specific hours on Fridays. The EA features integrated news filtering for Non-Farm Payrolls, automatic GMT calculations, and adjustable parameters tailored for proprietary firm accounts. It requires a hedging account structure to manage multiple open positions on the same symbol.
- Fake breakout entry filter
- High-low trailing stop loss
- Non-Farm Payroll news filter
- Proprietary trading firm adjustable settings
- Automatic GMT offset calculations
Details
Author
bestsangtao on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Breakout, Hedging
Markets
Gold
Timeframes
Any timeframe
Risk Profile
- Holds opposite positions at once
EA Files
Input Parameters
Read from The Gold Reaper V4.7 MT5.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
lijntje | string | ============================================================ | |
UseVariableValues | bool | true | |
AdjustLotsizeToVariableValues | bool | true | |
ShowInfoPanel | bool | true | |
UpdateInfoTesting | bool | false | update infopanel during testing |
InfoPanelSizeAdjust | double | 1 | Adjustment for Infopanel size |
SetFontSize | int | 0 | Force Font Size (0=disabled) |
BacktestSpeed_string | string | ------------------------------ Backtest Speed settings ----- | |
BacktestSpeed | BacktestSpeedOptions | speed_normal | |
spreadfilter | string | ------------------------------ settings -------------------- | |
AllowBuyTrades | bool | true | Allow Buy Trades |
AllowSellTrades | bool | true | Allow Sell Trades |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
TradeFrequency | enum_TradeFrequency | Auto_Frequency | |
MaxSpread | double | 500 | Maximum allowed spread |
UseHL_TrailingSL | bool | true | |
FridayStopHour | int | 25 | Friday stop hour (brokertime; close all trades) |
FridayClosePending | bool | true | |
FridayCloseOpen | bool | true | |
setSL_TP_After_Entry | bool | false | |
Virtual_expiration | bool | true | Use Virtual Expiration |
Randomization | double | 0 | Randomization (entries and exit) in pips |
FakeOutFilter | FakeoutFilters | 2 | Fake Breakout Filter |
ST1_MagicNumber | int | 8000 | BaseMagicnumber |
ST1_Comment | string | The Gold Reaper | Comment for trades |
RemoveCommentSuffix | bool | false | |
NFP_FILTER | string | ----------------------- NFP Filter ----------------------- | |
EnableNFP_Filter | bool | true | |
UseMQL5Calendar | bool | true | |
AutoGMT | bool | true | |
Broker_GMT_OFFSET_Winter | int | 2 | GMT_OFFSET_Winter (AutoGMT=false or backtesting) |
Broker_GMT_OFFSET_Summer | int | 3 | MT_OFFSET_Summer (AutoGMT=false or backtesting) |
NFP_CloseOpenTrades | bool | true | |
NFP_ClosePendingOrders | bool | true | |
NFP_MinutesBefore | int | 100 | |
NFP_MinutesAfter | int | 60 | |
propfirmsettings | string | ----------------------- Propfirm unique trades settings ---- | |
AdjustEntry | double | 0 | |
AdjustSL | double | 0 | |
AdjustTP | double | 0 | |
AdjustTrailSL | double | 0 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone bestsangtao/TheGoldReaper from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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