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Prop Reaper MT4 (MT4) — review, price and free alternatives
MT4 expert advisor$249 on MQL5by Krzysztof Szostakowski
Prop Reaper MT4 is a MetaTrader 4 expert advisor by Krzysztof Szostakowski, sold on the MQL5 Market for $249. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Prop Reaper MT4 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Krzysztof Szostakowski
- Price
- $249
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Prop Reaper MT4 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Prop Reaper: Multi-Strategy Gold Breakout Portfolio Six independent breakout strategies on XAUUSD, running from one installation.
Before you buy Prop Reaper MT4
What the developer claims
- One Daily strategy and five H4 strategies, each with its own Magic Number.
- Why six strategies on two timeframes A single breakout setup relies on one idea working in one market phase.
- Prop Reaper combines six different breakout approaches, so the portfolio does not depend on one entry r.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Prop Reaper MT4
Compiled from its public MQL5 listing. FxRobotEasy has not traded Prop Reaper MT4; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Prop Reaper MT4 review examines real performance and trading analysis to help you make informed decisions. Prop Reaper MT4 by Krzysztof Szostakowski represents a comprehensive automated trading solution for MT4 traders. What sets Prop Reaper MT4 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Prop Reaper MT4 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Krzysztof Szostakowski
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Prop Reaper MT4 on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Prop Reaper MT4 or GoldStrike AI?
| Prop Reaper MT4 | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($249) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Krzysztof Szostakowski | FxRobotEasy |
Prop Reaper MT4 — questions
What is Prop Reaper MT4?
Prop Reaper MT4 is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Krzysztof Szostakowski, priced at $249 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Prop Reaper MT4 work on MT4 or MT5?
Prop Reaper MT4 runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Prop Reaper MT4 cost?
Prop Reaper MT4 is a paid product listed at $249 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-11-09. It is sold and downloaded through the developer's (Krzysztof Szostakowski) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Prop Reaper MT4?
FxRobotEasy has not traded Prop Reaper MT4 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Prop Reaper MT4 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.