What is Golden Pickaxe EA?
Golden Pickaxe EA utilizes a grid trading strategy centered around mean reversion, integrating advanced machine learning technology to execute profitable trades within the market. Designed for MetaTrader 4, the system primarily engages with currency pairs associated with GOLD and functions within the M1 timeframe. By capitalizing on authentic market inefficiencies, Golden Pickaxe EA establishes a competitive advantage. Users have the option to seamlessly adopt the default setting (XAU Risky) or tailor the system to their specific preferences.
Vendor:Â https://www.mql5.com/en/market/product/74692
Key Takeaways:
- Golden Pickaxe EA stands out as an advanced mean-reversion grid trading system meticulously crafted for exceptional performance, harnessing the power of machine learning to capitalize on market inefficiencies specifically within the Gold market. Users benefit from a suite of versatile customization features, robust backtesting capabilities, and real-time performance monitoring.
- Enhanced functionality includes a statistical panel equipped with a self-diagnostic system and a neural network forecast indicator. To ensure optimal performance, it is recommended to run Golden Pickaxe EA continuously on a Virtual Private Server (VPS), partner with a reputable ECN broker, and fine-tune risk settings in alignment with leverage and account size.
Golden Pickaxe EA Features
- Designed for use on the MetaTrader 4 platform, Golden Pickaxe EA is tailored for compatibility with the XAUUSD currency pair (GOLD) and functions within the M1 timeframe. Noteworthy features include the capability to retrain the Neural Network using your broker’s data and an Advanced News and Stock Market Crash Filter.
- This expert advisor (EA) offers flexible customization, providing users with numerous filters and options. It showcases robust backtesting and live performance, ensuring reliability in diverse market conditions. The inclusion of a Statistic Panel featuring a Self-Diagnostic System and a Neural Network Forecast indicator enhances analytical capabilities.
- Golden Pickaxe EA is exceptionally user-friendly. However, to optimize its performance, it is recommended to operate on a Virtual Private Server (VPS) continuously. While the EA is not overly sensitive to spread and slippage, it is advisable to choose a reliable ECN broker for seamless execution. Regarding leverage, with a 1:30 ratio, it is recommended to avoid exceeding low-risk settings on an account with less than $6000. For a 1:100 leverage, significant risk settings are suitable for an account with $1000 or more.
Golden Pickaxe EA Reviews
Signal link: https://www.mql5.com/en/signals/1751383?source=Unknown
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Golden Pickaxe EA Settings
To maximize the effectiveness of Golden Pickaxe EA, it should be exclusively attached to a single XAUUSD M1 chart. Proper functionality relies on access to a designated news list website and a time server, facilitating accurate deployment of the EA’s news filter and time detection features. This configuration ensures precise and efficient utilization of the EA’s functionalities.
MM & Risk Settings:
Allow Opening a new Grid: Controls the activation or deactivation of the functionality to open new grids, while existing grids remain unaffected.
Lot-sizing Method: Choose the lot-sizing method based on your risk preference:
- Fixed Lots: Utilizes a fixed lot size specified by the “Fixed Lot” parameter.
- Dynamic Lots: Utilizes the ‘Dynamic Lot’ parameter for balance/equity-based lot sizing.
- Deposit Load: Calculates lots based on a percentage of the deposit specified in the ‘Deposit Load%’ parameter.
- 4 Predefined Presets: Automatically calculates risk based on predefined presets.
Fixed Lot: Specifies the fixed trading lot size for the initial trade.
Dynamic Lot (Balance/Equity based): Determines the balance/equity to be used per 0.01 lot.
Deposit Load %: Represents the percentage of the deposit that will be entirely utilized to open the initial trade.
These settings offer flexibility in managing the risk and lot-sizing strategy, empowering users to customize their approach according to their unique trading preferences.
Golden Pickaxe EA MT4 download
Link download Golden Pickaxe EA MT4  will be sent to your email after payment.
+Â Expert :
- Golden Pickaxe EA MT4 .ex4
- Unlimited / NoDLLÂ / EA
- Setfile :
- XAU Balanced Vol.set
- XAU Balanced.set
- XAU Classic.set
- XAU Risky Vol.set
- XAU Risky.set
- Free update
Installation instruction video
Payment Methods
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Binance (Pay ID): 11560363
More payment methods please contact us.
Please read and agree to our terms and conditions and policies before ordering.
Contact Support:
- For fast support, please contact us via Telegram at the following link: https://forexrobotea.com/contact/
- Email:Â [email protected]
Refund Policy:
- We do not promise profits and give trading advice. We will not refund because the profit are not good or just because you don’t like it or any other reasons.
- If the technical error is confirmed by us, you will receive another product being sold on our website, please read more Refund policy.
- Customers who open disputes/complaints with PayPal or Stripe will be blocked from all our websites and partners and will be unable to purchase EA in the future.
Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Shipping and Delievery:
The product download link will be sent to your email ASAP. No physical products will be sent to your home.
- 95% EAs is instant delivery:
- The download link will be sent to your email within 5 minutes after the order is confirmed.
- 5% Need to wait a bit to receive:
- Some EAs will need to wait a few hours to up to 12 hours to receive the download link.
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