Description
The META SWAP Golden Pickaxe EA is an automated and profitable MT4 robot specially designed to trade XAUUSD (GOLD) only. In the world of trading, it is essential to have an edge on the market to achieve maximum profit potential. This EA is a mean reversion grid trading system that uses machine learning technology to make potential high-profit trades in the gold market.
The Golden Pickaxe MT4 robot uses fundamental market inefficiencies to its advantage to gain an edge in the market. It is designed to trade XAUUSD(GOLD) with a time frame of M1. The EA has five default file sets, essentially five different gold trading systems. Traders can choose the default option (XAU Risky) or set it to their own preferences.
The Golden Pickaxe MT4 Robot demonstrated excellent performance in both backtesting and live trading. Specifically, 3 of the 4 setup files showed positive results, indicating that the system’s trading strategies and risk management features are effective in gold market.
Features of the Golden Pickaxe Robot
One of the unique features of Golden Pickaxe Robot is that it allows you to retrain the neural network on your broker’s data. This feature means that the EA can learn from the market and adapt to new market conditions, making it a flexible and adaptive trading system.
The Golden Pickaxe MT4 robot comes with an advanced filter for stock market news and crashes. This filter helps traders avoid trading during market events that could cause volatility, reducing the risk of losses. Furthermore, the EA offers flexible customization with many filters and options, allowing traders to customize the trading system according to their preferences.
The system performance is evaluated through a statistical panel with a self-diagnosis system and a neural network forecast indicator. This feature helps traders monitor system performance and make informed trading decisions.
- The minimum account balance for this EA depends on the settings file you are using:
- 1400$ for “XAU Balanced” set file 1:500 leverage.
- 400$ for “XAU Classic” set file 1:500 leverage.
- 50$ for “XAU Risky” set file 1:500 leverage.
- 100$ for “XAU Risky Vol” set file 1:500 leverage.
- 100$ for “XAU Balanced Vol” set file 1:500 leverage.
- Work Best on XAUUSD(Gold). (Work on any currency pair)
- Work Only on M1.
Myfxbook
Open Tools –> Options –> Expert Advisors.
Check the option “Allow WebRequests for listed URL”
Add the following:
https://ec.forexprostools.com
https://www.worldtimeserver.com
http://timesrv.online
http://valerytrading.com
http://valeryservice.com
and press “OK.” The EA takes news from the specified websites.
DISCLAIMER: Meta Swap Foundation does not offer financial or investment services in any way. Meta Swap Foundation is a software sales and installation assistance company.
No solicitation is made for public savings. Online trading involves high risks and CFDs are complex instruments. 90% of traders lose money. For any request for information and assistance on the product write to:assistance@metaswapdex.app
