Golden Pickaxe EA is an advanced grid trading system that employs mean-reversion strategies and machine learning to optimize trading profits. Designed for MetaTrader 4, it focuses on the GOLD currency pair with a timeframe set to M1. By exploiting real market inefficiencies, this EA aims to provide a significant trading advantage. Users have the flexibility to use the default setting (XAU Risky) or adjust parameters according to their preferences.
Golden Pickaxe is the best EA designed to capitalize on mean-reversion trading through a sophisticated grid strategy, powered by advanced machine learning. Compatible with MetaTrader 4, it focuses on GOLD currency pairs and operates on the M1 timeframe. By taking advantage of genuine market inefficiencies, this EA offers a competitive edge. Users can either use the default setting (XAU Risky) or adjust the system to meet their personal preferences.
Key Metrics
- Golden Pickaxe EA is a sophisticated grid trading system that uses mean-reversion and machine learning to exploit inefficiencies in the Gold market.
- It features customizable settings, thorough backtesting, and solid live performance, including a statistics panel with both a self-diagnostic tool and a neural network forecast indicator.
- For optimal performance, it’s advisable to run Golden Pickaxe EA on a VPS, select a reputable ECN broker, and tailor the risk settings according to your leverage and account balance.
Key Features of Golden Pickaxe
Platform: MetaTrader 4
Currency Pair Supported: XAUUSD (GOLD)
Timeframe: M1
Key Features: Allows retraining of the Neural Network using data from your broker
Advanced Filters: Includes News and Stock Market Crash filters
Customization: Offers extensive flexibility with various filters and options
Performance: Delivers robust backtesting and live performance
Additional Tools: Comes with a Statistics Panel that includes a Self-Diagnostic System and a Neural Network Forecast Indicator
Ease of Use: Very easy to operate
Run Golden Pickaxe EA in Demo ( Mt4 )
To run Golden Pickaxe on a demo account in MetaTrader 4 (MT4), install MT4 and add the Golden Pickaxe file to the Experts folder. Open a demo account, drag xx onto a chart, and ensure Allow live trading is enabled. Finally, turn on AutoTrading to start testing the EA.
Performance and Backtesting Results
User Reviews and Testimonials
Download Golden Pickaxe
Tap the download button and enjoy.
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⚠️ Risk Warning:
- Forex Trading Risk: Forex trading carries inherent risks, including potential financial loss.
- No Guaranteed Results: The EA’s past performance is not indicative of future results.
- Risk Management: Always use proper risk management tools, such as stop-loss settings.
- Leverage Caution: Avoid over-leveraging, which can amplify both gains and losses.
- Capital Protection: Trade within your risk tolerance and only invest what you can afford to lose.
- Market Volatility: Sudden market movements may affect the EA’s performance unpredictably.