Description
Golden Pickaxe — smart gold trading with machine learning
Golden Pickaxe EA is a modern trading advisor for MetaTrader 5, designed specifically for trading on the gold market (XAU/USD). It combines a grid strategy with mean reversion and machine learning capabilities, allowing it to find highly effective entry points and adapt to market conditions in real time.
Main concept:
Golden Pickaxe utilizes the idea of returning to the mean: when the price moves against an open position, the advisor averages entries at more favorable prices. However, its key difference is its built-in neural network, which:
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Analyzes the market in real time
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Predicts the probability of profitable trades
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Filters out ineffective entries during periods of high volatility
Features and capabilities:
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Machine learning and neural networks
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Chart: XAUUSD M1
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News filters and stock market crash
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AI statistics and forecasts panel in the terminal
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Working with hedging accounts
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Not sensitive to slippage or spread
Installation and requirements:
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Attach the advisor to one XAUUSD M1 chart
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Ensure that access to the news website and time server (for filters) is enabled.
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No .set files required — everything is built-in
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Backtests are performed using Tick Data Suite, GMT+2 with US daylight saving time.
Recommended deposit:
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Low risk: from $6,000 with leverage of 1:3
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Moderate risk: $3,000 with 1:100 leverage
Golden Pickaxe — when gold meets intelligence
This advisor is designed for traders who value accuracy, risk management, and modern technology. It turns market volatility into a predictable opportunity for profit.
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