Golden Pickaxe v2.23 MT4 EA No DLL

⚒️ Golden Pickaxe EA – Machine Learning Grid Trading for Gold (XAUUSD)

Golden Pickaxe EA is a revolutionary mean-reversion Expert Advisor built specifically for the XAUUSD (Gold) market. Unlike traditional EAs that rely solely on outdated indicators, Golden Pickaxe harnesses real market inefficiencies, enhanced by machine learning, to deliver a precision-driven, high-potential gold trading system.

With its neural network technology, built-in risk filters, and customizable strategies, Golden Pickaxe EA offers five unique pre-configured systems to suit different risk levels and market behavior. Whether you’re a cautious investor or a more aggressive gold scalper, there’s a preset for you — all easily accessible from a single chart.

🔑 Key Features & Benefits

🧠 Neural Network Integration

Golden Pickaxe is one of the rare EAs that allows real-time retraining of its internal Perceptron neural network, giving traders a unique machine learning edge. The EA evaluates each trade setup with a Min Probability of Profit % threshold — you decide how selective the AI must be.

Machine Learning Modules:

• ✅ Built-in or Custom Perceptron configurations

• ⚙️ Training Algorithms: Choose from Levenberg–Marquardt or L-BFGS

• 🧪 Custom Dataset Size & Layers: Define neurons, dataset size, and training cycles

• 🔁 Retraining Mode: Let the EA constantly evolve with your broker’s price data

⚙️ Strategy & Grid Control

Golden Pickaxe gives traders complete control over its grid mechanics and entry logic — from conservative low-risk setups to high-frequency scalping strategies.

Core Parameters:

• Donchian Channel Period & TF – For price channel breakouts

• EMA Trend Filter – Daily EMA confirms broader trend

• Volatility Filter – Avoids trades during erratic market conditions

Grid System:

• 🔁 Smart Averaging – Dynamically space entries based on market behavior

• 📐 Multipliers – Separate controls for 2nd to 6th+ trades

• ⛔ Trade Limit – Set max number of open positions per grid

• 🔄 Grid ON/OFF – Control when new grids are initiated

💼 Risk Management & Lot Sizing

Golden Pickaxe EA supports multiple money management models, including:

• 🧮 Fixed Lots

• ⚖️ Dynamic Lots (Balance/Equity Based)

• 💼 Deposit Load %

• 🔧 Predefined Risk Presets

Whether you’re trading with $1,000 or $10,000+, Golden Pickaxe adapts. Users can even turn off new grid creation mid-session to reduce exposure without closing current trades.

📋 Requirements & Recommendations

🚀 Quick Installation Guide

1. Load Golden Pickaxe EA on XAUUSD M1 chart

2. Choose your preferred set file or configure custom setup

3. Enable news/time filter access in MetaTrader for full functionality

4. Let it run 24/7 on a VPS or dedicated machine

5. Monitor the built-in diagnostic/statistics panel to observe trade behavior

📹 Video tutorials and a full setup guide (including archived set files) are included.

⚠️ Important Notes

• ❗ This EA uses grid-based trading — not suitable for underfunded or over-leveraged accounts

• ❌ No martingale doubling – grids use controlled, user-defined multipliers

• 💬 For optimal performance, use ECN brokers with tight XAUUSD spreads

• 🔐 The EA is not sensitive to slippage or spreads, but execution speed matters

🔗 Additional Resources

• VPS Recommendation: Use a reliable Forex VPS for 24/7 EA uptime and uninterrupted performance.
• Membership Plan: Join our exclusive membership to access premium EAs, updates, and VIP support.
• YouTube Channel: Subscribe to our YouTube channel for EA tutorials, backtests, and trading tips.
• Telegram Channel: Join our Telegram channel for instant updates, new EAs, and community support.

💬 Final Thoughts

Golden Pickaxe EA is a next-generation gold trading system for MetaTrader, combining grid logic with AI-based trade filtering. It offers rare flexibility with high-end performance, and puts the power of machine learning directly in the hands of gold traders.

Whether you’re trading full-time or just beginning your algo journey, this EA provides a unique, intelligent framework that adapts with the market.