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Golden Pickaxe V 2.23 MT4 + SETS NO DLL

Golden Pickaxe V 2.23 MT4 + SETS NO DLL
Golden Pickaxe V 2.23 MT4 + SETS NO DLL
Golden Pickaxe V 2.23 MT4 + SETS NO DLL

Golden Pickaxe V 2.23 MT4 + SETS NO DLL

Regular price $950.00 Sale price $35.00

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Golden Pickaxe V 2.23 MT4 +...

$35.00

WORKS ON MT4 +1421

EA has high-performance live track records of different set files:

XAU Risky Vol
XAU Balanced Vol
XAU Risky
XAU Balanced
XAU Classic

MT5 version can be found here

Golden Pickaxe is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. It uses real market inefficiencies to its advantage to have an edge over the market. The EA has 5 predefined set files, which are essentially 5 different trading systems on gold. You may choose the default option (XAU Balanced Vol) or have your own preference

Supported currency pairs: XAUUSD (aka GOLD)

Timeframe: M1

Features:

  • Allows you to retrain Neural Network on your broker's data
  • Advanced News and Stock Market Crash Filter
  • Flexible customization with a lot of filters and options
  • Solid backtest and live performance
  • Statistic Panel with Self Diagnostic System and Neural Network Forecast indicator
  • Much cheaper than available high-quality alternatives
  • Very easy to use: just read 2 lines of instructions below
Backtests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers

    How to install

    Requirements

    • The EA is NOT sensitive to spread and slippage. But I advise using a good ECN broker
    • The EA should run on a VPS continuously
    • With only 1:30 leverage I advise not to use higher than low risk settings on a less than $6000 account, otherwise you might have problems with free margin. With 1:100 leverage it should be fine with up to significant risk setting on a $1000 account

    MM & Risk settings

    • Allow Opening a new Grid - on/off opening of new grids. It does not affect the already open grids
    • Lot-sizing Method - select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the "Fixed lot" parameter, Dynamic Lots will use 'Dynamic Lot' parameter, Deposit load will calculate lots based on deposit load%, and 4 predefined presets will calculate risk automatically for you
    • Fixed Lot - fixed trading lot for the initial trade.
    • Dynamic Lot (Balance/Equity based) - balance/equity to be used per 0.01 lot
    • Deposit Load % - % of the deposit that will be totally used to open the initial trade

    Strategy

    • Percentage Pips Mode - on/off percentage pips mode. 1 per. pip = 0.0001 * Curr. Price
    • Price Channel Period - period of Donchian channels used to calculate the upper/lower levels
    • Price Channel Time Frame - working TF for the Donchian channels
    • Daily EMA Period - period of the daily EMA for calculating the medium-term trend
    • Volatility Filter - allows you to avoid risky trades during periods of high volatility

    Machine Learning

    • Enable Neural Network Filter – on/off filtering of trades using ML technology
    • Use Built-in Perceptron Configuration – if true, the EA will use built-in Perceptron config. If false, the EA will load the custom config file Perceptron_Config.txt located in the common directory for all MT4/5 terminals
    • Min Probability of Profit % - min predicted probability that a trade will result in profit

    Perceptron Training

    • Perceptron Training Mode – if true, the EA will try to train Perceptron and save results in the external config file Perceptron_Config.txt
    • Dataset Max Size - maximum dataset size for raw data
    • Neuron in Hidden Layer - number of neurons in the hidden layer. If zero, then no hidden layer will be used
    • Training Algo - training algorithm: Levenberg–Marquardt or L-BFGS
    • Number of Restarts – max. number of restarts to find global optimum

    Grid settings

    • Trade Distance - min. step in pips between grid(averaging) trades
    • 2nd Trade Multiplier - multiplier for the 2nd trade
    • 3rd-5th Trade Multiplier - multiplier for the 3rd-5th trades
    • 6th- Trade Multiplier - multiplier for the 6th-.... trades
    • Maximum Trades - max number of grid(averaging) trades

    Others

    • Trade Comment - comment for orders
    • UID (0...9) - unique EA instance number. Usually no need to change it

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