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[DOWNLOAD-30MB] Golden Pickaxe EA MT4 v1.34 + presets

SKU: N/A
Our Price

$9.00

Product Highlights

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

Quantity:
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Description

Description

Original price: $1,200

Results:

https://www.myfxbook.com/members/MischenkoValeria/golden-pickaxe-balanced/9804813

https://www.myfxbook.com/members/MischenkoValeria/golden-pickaxe-classic/9804838

https://www.myfxbook.com/members/MischenkoValeria/golden-pickaxe-risky-vol/9804859

https://www.myfxbook.com/members/MischenkoValeria/golden-pickaxe-balanced-vol/9804867

Content: EA: Golden Pickaxe MT4 v1.26, v1.33, v1.34, 5 Preset files, Info txt files, msimg32.dll

 

 

 

 

 

 

 

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

  • The EA must be attached to ONLY one XAUUSD M1 chart
  • You need to give the EA access to the news list website and time server for news filter and time detection functionality to work correctly.

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
  • Daily ATR Period – period of the daily ATR
  • 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
  • ShowPanel – on/off Info-panel

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