Profalgo

Profalgo: Expert Advisors for MetaTrader 5 developed by Wim Schrynemakers

Profalgo is a Malta-based firm dedicated to the development of Expert Advisors (EAs) for the MetaTrader 5 platform. Founded by Wim Schrynemakers, who has over twenty years of experience in the sector, the company presents itself as an award-winning developer and claims that its systems are validated on live accounts with its own capital, prioritizing public and verifiable track records over overfitted backtests.

Expert Advisor Catalog

Profalgo's catalog covers automated trading systems for different markets and timeframes. Featured products include:

• The Gold Reaper: Multi-currency breakout EA for XAUUSD on H1, described as the firm's flagship and #1 on MQL5 for over seven months. It uses multiple breakout strategies at support and resistance levels, with automatic adaptation of trade frequency and lot size to account balance. Includes trailing SL/TP and does not use martingale or grid. Requires a minimum capital of $600. According to the data shown, it records +312% growth with a maximum drawdown of 15.2%.
• Gold Trade Pro: Gold breakout EA on the daily chart (D1) with eight built-in strategies. Trades support and resistance breakouts with fixed stop loss and trailing take profit. No martingale, grid or averaging. Minimum capital $600. Growth +198% and maximum drawdown 12.1%.
• Goldbot One: Eight breakout strategy variations for gold on D1, each executing a single trade per system. Automatically adapts to gold price levels without reoptimization. Controlled position sizing with trailing SL/TP. 5.0 rating on MQL5. Minimum capital $600. Growth +178% and maximum drawdown 10.5%.
• The Gold Phantom: Multi-currency system with eight independent breakout strategies on H1, H4 and D1 timeframes. Precise entries at key support and resistance levels, with automatic position sizing adjustment to balance. Includes NFP event protection. Minimum capital $600. Growth +142% and maximum drawdown 9.8%.
• Daytrade Pro Algo: Price action EA that trades on D1 across thirteen currency pairs, including XAUUSD. Executes approximately ten trades per week. OneChartSetup from EURUSD daily and works with any broker and spread. Minimum capital $400. Growth +156% and maximum drawdown 11.3%.
• Luna AI Pro: Night scalper based on mean reversion, operating during low-activity hours with tighter spreads. Covers fourteen pairs, including EURAUD, GBPCHF, GBPAUD and EURGBP, on M5. Incorporates an individual performance monitor that reduces risk on underperforming pairs and increases it on profitable ones. Requires ECN broker. Growth +94% and maximum drawdown 7.2%.
• Indicement: Breakout system for US indices (US500, US30, NAS100) on H1, with three strategies per index (nine total). Single chart placement, NFP filter with automatic timezone detection and prop firm compatibility. Minimum capital $150. Growth +118% and maximum drawdown 9.1%.
• The Bitcoin Reaper: Ten breakout strategies for Bitcoin on H1, with risk distributed across independent systems. Adapts to Bitcoin price levels and includes filters for NFP and CPI events. Prop firm compatible. Minimum capital $150 with 1:100 leverage. Growth +64% and maximum drawdown 18.6%.
• The ORB Master: Opening Range Breakout system for SP500, US30, NAS100 and DAX on M15. Twelve non-correlated strategy variations across four indices. Runs from a single EURUSD M15 chart. Prop firm compatible. Minimum capital $500. Growth +87% and maximum drawdown 8.4%.
• Ultimate Breakout System: Breakout platform developed over eight years, conceived not as a single EA but as a framework for creating unlimited breakout strategies on any market and timeframe. Includes over 300 pre-built set files from other high-performance EAs. It is the engine behind several Profalgo systems, such as Gold Reaper, Gold Trade Pro, Bitcoin Reaper and Indicement.

Development philosophy and transparency

Wim Schrynemakers maintains that there is no perfect Expert Advisor and that he prefers to offer systems with known risks, real track records and realistic expectations rather than promising extraordinary results that fall apart when market conditions change. The company contrasts its engineering approach, with systematic testing and continuous development, with what it describes as marketing-driven development cycles, overfitted backtests and hidden results. Profalgo claims to maintain public and verifiable track records, and offers active support, updates and a community to users of its products.

Recognition and validation

The firm has accumulated 976 verified reviews on Trustpilot for the period 2000-2026 and presents itself as an award-winning developer. The Gold Reaper has held the first position on MQL5 for over seven months, and Goldbot One has a 5.0 rating on the same platform. The strategies' track records are shown through Myfxbook.

Founder profile

Wim Schrynemakers is the founder of Profalgo LTD, based in Malta. With over twenty years of experience in the sector, he defines himself as a developer and trader of the systems he creates. His approach combines experience in markets such as gold, stock indices, forex and cryptocurrencies with a working method that prioritizes validation on live accounts and explicit risk management.