Description
Forex Ea Robot Trading Expert Advisor Mt4 Bot Profitable – Golden Pickaxe V2.23_fix 1420+
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 Risky) 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
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
Reviews
There are no reviews yet.