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