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AlgoVerdict
Gold X9 product shot

EA review · Updated

Gold X9 Review

3.1Traffic light: with reservations⚡ Running live in our EA park
Strategy
Multi-timeframe breakout according to the vendor, nine sub-strategies — our fingerprint sees basket closes like a grid
Live return / max. DD
Tracked live account: -21.1% in 6 days (Vantage). Worst drawdown measured in any source: 25.2%.
Price
$69.99
Vendor websiteOfficial website · not a partner
Gold X9 product shot
Product shot by Mr CapFree — marketing material, not evidence of performance.

Gold X9 is a 70-dollar gold EA with nine sub-strategies from the YouTuber Mr CapFree. On our data it trades much like The Gold Reaper, but the vendor publishes no live record and the loss tail is long. On our two real-money accounts it is slightly down after four weeks.

AlgoVerdict score

Weighted from 6 criteria — weighting in percent.

Live track record25%
3.2
Strategy risk20%
3.0
Transparency20%
2.5
Value for money15%
3.8
Usability10%
3.2
Broker independence10%
3.2
Open methodology

How we checked

Reviewed by
Pitt Petruschkeruns AlgoVerdict · MethodologyLive data from our EA park (Space Tracker)
Last checked
facts, score and evidence as of this date
Evidence (2)
  • Our own live account in our EA park · figures from the Space Tracker, no vendor material · retrieved
  • Product page (vendor) · price and vendor details
Changes
  1. First published: score 3.1, yellow light. Second account ••8873 is real money (the tracker tag “demo” was wrong); first account ••9898 stopped on 28 Sep.
Strategy type
Multi-timeframe breakout according to the vendor, nine sub-strategies — our fingerprint sees basket closes like a grid
Market
XAUUSD (gold)
Platform
MT5 (ex5 file without licence binding)
Price
$69.99 one-off in the vendor's shop (Fourthwall, read 5 Oct 2026); free demo version for backtests
Vendor
Mr CapFree (YouTube channel, “No Shenanigans” shop on Fourthwall) — not on the MQL5 Market
Released
Launch video of 8 Aug 2026; version 6.2 according to the vendor (YouTube comment)
Stop-loss
on every trade according to the vendor; in strategy 9 as shown in the build video: 2% of the gold price against a 0.7% take profit, plus trailing, breakeven and a “salvage” exit
Default setting
risk profile “Very High Risk”, lot size derived from a 30% allowed total drawdown (Settings Guide v6.2 from the purchase package)
Live signal
none from the vendor — “over three years in my own portfolio” is not evidenced; forward accounts since August only as screen recordings in a video
Running with us
Live account ••8873 (Vantage, MT5, real money, running alone) since 30 Sep 2026; before that live account ••9898 (Vantage, MT5, shared with Quantum Queen and Onyx) from 8 to 28 Sep 2026, stopped there
Our figures (as of 5 Oct 2026)
••8873: 25 trades, −$210.99, PF 0.13, drawdown 21.2% · ••9898: 36 trades, +$151.91, PF 1.88, own drawdown 25.2% · combined 61 trades, −$59.08
Similarity
Trading pattern similar to The Gold Reaper (structure, holding time, magic scheme) — details in the comparison
  • Very cheap: $69.99 one-off, no licence binding, plus a free demo version for your own backtests
  • Nine sub-strategies that can be switched individually, prop-firm limits (daily and overall drawdown) and a news filter built in
  • The vendor explains the mechanics openly: a build video with the code of one sub-strategy, a detailed settings guide (v6.2), replies in the comments
  • In profit on our first live account over three weeks: +$151.91 at 0.01 lot, profit factor 1.88
  • No verifiable vendor live signal: the “three years in my own portfolio” are not evidenced anywhere, forward figures exist only as screen recordings
  • Wide stop, tight target: in the strategy shown, a 2% stop against a 0.7% take profit — on our account the largest loss was about 40 times the typical one
  • Aggressive default: risk profile “Very High Risk” out of the box
  • Current live account clearly down: −$210.99 after 25 trades, profit factor 0.13 — both accounts combined −$59.08
  • Short live evidence: two accounts covering 28 calendar days and 61 trades in total
  • Needs explaining: despite the settings guide, several buyers struggled with the strategy selection or the compiler version according to the comments

Drawdown profile

How deep did this EA go under water? We deliberately plot drawdown and not an equity curve: a backtest curve always ends in the top right, but drawdown decides whether an account survives. Every bar comes from a real account, none from a backtest.

VantageEigenes Live-Konto (EA-Park, läuft allein) · 6 days−22.4 %
VantageEigenes Live-Konto (EA-Park, geteilt, Teilmenge der Trades, gestoppt 28.09.2026) · 21 days−25.2 %
50 % = pain threshold (needs +100 % to recover)Scale to 60 %

How the strategy trades

A schematic simulation of the strategy type we assign Gold X9 to — not a replica of this EA and not real price data.

Realised

How it works

  1. The EA buys and lays a grid below: one more position every 20 pips, always 0.10 lots.
  2. All positions share one target just above the average price.
  3. Because they are all the same size, the average sits exactly in the middle: halfway back is break-even, and 5 pips above that the whole basket closes in profit.
  4. What the animation does not show: if price keeps running against the basket, the floating loss grows with every level – without a stop there is no built-in exit.

What we check

What we check on real grid EAs: the maximum floating loss on the live account, not the closed drawdown – and whether there is a hard stop for the whole basket.

Demonstration values: a simulated EURUSD path with 0.10 lots and $10,000 starting capital, deliberately favourable – every basket and every trend works out here. Not a real trading strategy, not a backtest and not investment advice.

Our own live account

Real money on an account in our own EA park, figures from the Space Tracker (no vendor material). Max floating loss is the most honest risk figure — how deep open positions ran into the red at their worst. On shared accounts we count only this EA’s trades (magic number); a clean per-EA floating loss is then not measurable.

AccountGainAvg mo.PFMax floating lossAgeTradesBroker
Eigenes Live-Konto (EA-Park, läuft allein)-21,1 %—0.13-22,4 %6d25Vantage
Eigenes Live-Konto (EA-Park, geteilt, Teilmenge der Trades, gestoppt 28.09.2026)+30,3 %—1.88-25,2 %21d36Vantage

Short verdict

Gold X9 is cheap, well explained and at first sight a bargain for anyone who finds The Gold Reaper too expensive at $949. On our trading data it really does trade in a similar way. What it lacks is evidence: no vendor live signal, only four weeks on two real-money accounts of our own that are slightly down combined, and a long loss tail, because the stop sits almost three times as far away as the target. At 3.1 out of 5 it sits on yellow under our methodology, just above the line to red. That means: with reservations, and until there is more data, only small and with a hard equity stop.

Who sells Gold X9

Gold X9 comes from Mr CapFree, a YouTuber who explains MQL5 code in his videos and sells EAs. It is not sold on the MQL5 Market but through his own shop on Fourthwall (“No Shenanigans”). There Gold X9 costs $69.99 one-off, delivered as an executable ex5 file “with no licence required”, so it is not bound to an account or a machine. A free demo version allows backtests with your own broker data.

The shop files Gold X9 under the EAs the vendor coded himself. Next to it is a collection called “Famous EAs from Internet”, where the vendor offers his own implementations of well-known EAs, for example an “interpretation” of the Waka Waka EA based on a YouTube video. That is not an accusation but context: by his own account, the vendor also rebuilds strategies he has seen in public.

Gold X9 was launched in a video on 8 August 2026. In it the vendor says the EA has been running in his own portfolio for over three years and that nine out of hundreds of ideas survived. There is no account that shows those three years. A viewer asked in the comments for a verified Myfxbook or FX Blue track over six to twelve months. By 5 October the vendor had not linked a verifiable account. Instead, on 1 October, at the start of a build video, he showed screen recordings of his forward accounts since August, among them a $10,000 account on the “High Risk” profile which by his account stood at 42% profit with a 15% drawdown. That cannot be checked; under our methodology recordings like these do not count as evidence.

Strategy: what the vendor says and what we measure

According to the vendor, Gold X9 trades breakouts of previous swing highs and lows on several timeframes, with stop orders placed just ahead of the high or low. Each of the nine sub-strategies sets a stop-loss and a take profit at entry, trails both and has a breakeven. The EA calculates all distances as a percentage of the gold price. In a build video of 1 October the vendor shows the code of strategy 9: stop-loss at 2% of the price (around $86 at $4,300), take profit at 0.7%. The sub-strategies can be switched on and off individually; out of the box the risk profile is set to “Very High Risk”. On top come prop-firm limits for daily and overall drawdown, a news filter based on the MT5 calendar and a “trade randomizer” so that not every user gets identical trades. He explicitly denies martingale.

Our data comes from the tracker fingerprint of our first live account (the second does not have enough trades yet). It separates one EA's trades from the other EAs on the same account by magic number and order comment. What it shows:

  • Nine sub-strategies, each with its own magic number and the comment “Gold X9 by MrCapFree_XAUUSD_1” to “_9”.
  • Short holding time of about an hour and a half on average, just under two trades a day, win rate 75%.
  • Constant lot size of 0.01, no lot escalation. That argues against martingale.
  • Basket closes on just under 14% of trades: several positions were closed together in the same second. From 10% the tracker classifies this as a grid, which is why we list Gold X9 as “breakout, grid”. There is a more harmless explanation too: if several sub-strategies enter on the same breakout, they can exit together at the same price target. With 36 trades we cannot tell the two apart; the classification is provisional.
  • No fixed stop in pips: losses vary widely in size. That fits the design: a stop set as a percentage of price, trailing and breakeven produce many small losses and the occasional full stop.
  • Long loss tail: the largest loss was about 40 times the typical loss. For The Gold Reaper that figure is around 6. A stop almost three times as far away as the target explains it: when it is hit, it costs as much as several wins.

Similar to The Gold Reaper

A viewer already wrote under the video that Gold X9 looked like a step up from The Gold Reaper. Our data supports the impression of a similar trading pattern: both trade gold only, both consist of several sub-strategies (eight for The Gold Reaper, nine for Gold X9) with the same comment scheme “Name_XAUUSD_number”, both hold trades for about an hour and a half on average, and their magic numbers follow the same spacing pattern. On most days on which both traded, they ended with the same sign.

Whether Gold X9 builds on The Gold Reaper, recreates it, or whether both go back to a common pattern cannot be established from trading data. So we only state what we measure. We also measured the differences: a different session split, more basket closes, a much longer loss tail and occasional opposite positions. Everything else is in the detailed Gold X9 vs. The Gold Reaper comparison.

Our live data

We run Gold X9 on two real-money accounts of our own at Vantage, both at 0.01 lot. The first live account (••9898) ran from 8 to 28 September and was a shared account: Quantum Queen and Onyx ran on it too. The figures cover Gold X9's trades only; the worst figure of the whole account comes mostly from the other EAs and cannot be attributed to Gold X9. We stopped it on 28 September. Since 30 September Gold X9 has been running alone on the second live account (••8873). In the tracker this account was at first tagged “demo”; that was wrong, it is a real-money account.

Our live comparison · own accounts

As of 05 October 2026 · updated weekly

MetricThe Gold ReaperLive · IC Markets · ••9665Gold X9Live · Vantage · ••9898Gold X9Live · Vantage · ••8873
Shared accountno, runs aloneyes, with Quantum Queen and Onyx (Str) · 12.9 % of the tradesno, runs alone
Deposit$8,866.53$501.39$1,000.49
First trade18 Mar 20268 Sept 202630 Sept 2026
Last trade2 Oct 202628 Sept 20265 Oct 2026
Run time199 days21 days6 days
Trades2073625
Net+$4,460.45+$151.91−$210.99
Net as % of deposit+50.3 %+30.3 %−21.1 %
Net since 8 Sept+$1,705.74+$151.91−$210.99
Profit factor2.111.880.13
Win rate67.2 %75.0 %48.0 %
Closed drawdown (this EA only)8.1 % · $716.8725.2 % · $126.2421.2 % · $211.58
Statustradingended, terminal off · last trade 28 Septtrading
  • The Gold Reaper · Live · IC Markets · ••9665
  • Gold X9 · Live · Vantage · ••9898
  • Gold X9 · Live · Vantage · ••8873

Cumulative closed P/L since 08 September 2026, as % of deposit

Cumulative closed P/L since 08 September 2026, in USD

On 7 days both EAs closed trades, on 6 of them with the same sign (both up or both down). With this few days it is a hint, not a reliable correlation.

  • The accounts differ in size and run time. That is why we show the curve twice: as a percentage of the deposit (comparable) and in USD (what was actually made or lost).
  • The curves start at the shared start, the first trading day of the younger EA. The figures since each account’s own start are in the table.
  • Closed trades only, no open positions. A grid-like EA can sit considerably deeper in the red in between than the curve shows.
  • On a shared account the percentages refer to the deposit of the whole account.

Source: our EA park, read from the ATS Space Tracker (Waterline). Account numbers shortened.

How we read the figures: on the first account Gold X9 made money over three weeks, but on the way it temporarily gave back 25% of the account deposit. On the second account a single day, 2 October, on which several sub-strategies lost at once accounts for most of the loss. Both accounts together come to 61 trades and −$59.08. Not enough for a verdict on the strategy, but enough for one on the evidence: it is thin.

Risks

  • Grid character: basket closes and occasional opposite positions (just under 6% of trades) mean Gold X9 at times holds several positions against the market. On gold, which can run several dollars in one go on a news day, that is the classic route to large single losses. More in the guide to grid and martingale EAs.
  • Wide stop, tight target: a stop at 2% of the gold price against a 0.7% target means one full stop eats the gains of several good trades. When several sub-strategies hit their stops on the same day, as on 2 October on our second live account, it adds up quickly.
  • Aggressive default: out of the box the risk profile is “Very High Risk” and the lot size is derived from a 30% allowed total drawdown. If you test Gold X9, turn the profile down and set a hard equity stop.
  • Moving in step with other gold EAs: if you already run The Gold Reaper or another gold breakout, on our data Gold X9 is largely the same bet. See EA portfolio management.
  • No licence binding, no platform oversight: an unprotected ex5 file is convenient, but there is no body like the MQL5 Market that handles reviews, updates and refunds.

Price and value

$69.99 is little for a gold EA, and the free demo for backtests comes on top. For the price you get a properly built EA with prop-firm features. What you do not get is proof that it holds up live over time. With The Gold Reaper you pay a good 13 times as much and get almost two years of public live signal for it. So Gold X9 is only cheap if you are willing to supply the missing evidence yourself and budget the test money for it.

Who it is (not) for

Suitable for traders who like to test themselves, run the demo version through the strategy tester with their own broker data and then want to watch the EA on a small, separate account with a hard equity stop.

Not suitable for anyone who needs an evidenced track record, for prop-firm challenges without your own protection, and as a second gold EA next to The Gold Reaper.

Verdict

Gold X9 is not a bad joke but a seriously built EA at a very low price, and on our data it trades much like the expensive Gold Reaper. That alone does not make it equivalent. The Gold Reaper has almost two years of public live signal; Gold X9 has a video and four weeks on two of our real-money accounts, slightly down combined. We keep it running and update the live comparison weekly. Until there is more data, it stays on yellow with reservations.

Frequently asked questions

What is Gold X9?

An Expert Advisor for MetaTrader 5 that trades gold (XAUUSD) only. The vendor Mr CapFree describes it as a multi-timeframe breakout system with nine sub-strategies that differ in trailing stop and take profit. It sells for $69.99 through his own shop on Fourthwall, not on the MQL5 Market.

Is Gold X9 a copy of The Gold Reaper?

We cannot establish that and do not claim it. Our trading data shows a similar pattern: the same structure of several sub-strategies with the same comment scheme, a similar holding time and the same spacing in the magic numbers. That points to a closely related design, but it proves no origin. The details are in the Gold X9 vs. The Gold Reaper comparison.

Does Gold X9 have a verified live signal?

No. The vendor says the EA has been running in his portfolio for over three years but publishes no Myfxbook, FX Blue or MQL5 signal. He shows forward figures since August only as screen recordings in a video. The only verifiable evidence comes from third-party accounts like ours. Under our methodology backtests do not count.

How did Gold X9 do on your accounts?

On our first live account at Vantage, shared with two other EAs, it made money from 8 to 28 September 2026, but with an own drawdown of 25% of the account deposit. Since 30 September it has been running alone on a second real-money account at Vantage, where it has lost so far. Both accounts combined are slightly down. The current figures are in the “Our live comparison” table on this page.

Is Gold X9 a grid or martingale EA?

Not martingale: the lot size stays constant at 0.01 on our accounts and the fingerprint measures no lot escalation. The vendor explicitly denies martingale. There are grid traits, though: about 14% of trades were closed together in a basket, which is why the tracker classifies the pattern as a grid. With only 36 trades that is a provisional call. How grids fail is covered in the guide to grid and martingale EAs.

Who is Gold X9 not suitable for?

For anyone who needs an evidenced track record, for prop-firm challenges without your own equity stop, and for anyone already running a gold breakout EA such as The Gold Reaper: on our data the trades often land on the same days, which is the same bet twice.