FX
Tools
AI
Neural Network Gold Trading EA | 4.67/5 Rating
Golden Pickaxe, developed by Valeriia Mishchenko, is an advanced mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. This EA specializes in XAUUSD trading on M1 timeframe with neural network analysis and 5 predefined set files for different risk levels. With a 4.67/5 rating on MQL5 and over 4,118 demo downloads, this tool has gained significant attention in the Gold trading community.
The EA uses real market inefficiencies to its advantage with machine learning technology, featuring advanced news filter, stock market crash filter, and neural network forecasting. It's designed to be resilient to spread and slippage variations while providing multiple trading system options through its 5 predefined set files.
Based on our comprehensive analysis of Golden Pickaxe, here's what our AI system found and what it means for you:
What this means: The EA shows excellent accuracy in trade execution. At 89%, it's well above the 80% threshold we consider good, indicating highly reliable trade selection. This suggests the neural network technology is effectively identifying profitable opportunities in the Gold market.
What this means: With a profitability score of 8/10, this EA shows good profit potential. While not exceptional, it's solid for a grid trading system. The mean-reversion strategy with machine learning helps capture Gold market inefficiencies, though grid systems inherently carry some risk.
What this means: Excellent speed rating indicates fast execution on M1 timeframe, which is crucial for grid trading systems. The neural network processes market data quickly to make trading decisions, giving the EA an advantage in capturing Gold price movements.
What this means: High reliability score suggests the EA is stable and consistent. The 4.67/5 MQL5 rating with 8 reviews and 4,118 demo downloads supports this assessment, indicating a well-tested product with active community interest.
Our AI analysis recommends Golden Pickaxe for Gold trading with proper risk management. With excellent accuracy (89%), good profitability (8/10), and fast execution (9/10), this EA is well-positioned for Gold market trading. The neural network technology and 5 predefined set files provide flexibility, though users should be aware of grid trading risks and use appropriate risk management settings.
Best suited for: Traders looking for AI-powered Gold trading with advanced grid systems. The EA's neural network technology and multiple set files make it excellent for Gold market trading with proper risk management.
Consider this EA if: You want to trade Gold (XAUUSD) with machine learning technology, need flexible risk management options, and are comfortable with grid trading strategies that require VPS operation.
Advanced machine learning technology that analyzes market data to place high-profit potential trades on the Gold market. The neural network can be retrained on your broker's data for optimal performance.
Sophisticated grid trading system that uses real market inefficiencies to its advantage. Features 5 predefined set files representing different trading systems for various risk levels.
Built-in news filter and stock market crash filter to avoid risky trades during high-impact news events and market volatility periods.
Specifically designed for Gold (XAUUSD) trading on M1 timeframe. The EA is not sensitive to spread and slippage variations, making it suitable for various brokers.
Includes a statistic panel with self-diagnostic system and neural network forecast indicator for monitoring performance and making informed decisions.
Designed to run continuously on a VPS for optimal performance. The EA should be attached to only one XAUUSD M1 chart for best results.
Golden Pickaxe uses cutting-edge neural network technology and machine learning to analyze market data and identify high-profit potential trades. The AI can be retrained on your broker's data for optimal performance, giving you a significant edge in Gold trading.
Our analysis confirms the excellent speed rating of 9/10, with this Expert Advisor executing trades efficiently on M1 timeframe. The mean-reversion grid system uses real market inefficiencies to its advantage, providing multiple trading opportunities throughout the day.
According to the developer, Golden Pickaxe includes advanced news filter and stock market crash filter to avoid risky trades during high-impact events. The 5 predefined set files allow you to choose the risk level that matches your trading style and account size.
Golden Pickaxe Configuration:
For detailed setup instructions and configuration guide, please refer to the installation manual provided after purchase.
Golden Pickaxe is available for purchase on the official MQL5 marketplace for $2,800 USD. The purchase includes 10 activations, lifetime support, 5 predefined set files, and comprehensive setup instructions.
Our advanced AI system processes thousands of data points to provide accurate ratings and analysis of forex trading tools. Unlike human analysis, our AI can:
Analyzes live market data, user reviews, performance metrics, and technical specifications simultaneously across multiple sources.
Uses mathematical algorithms to calculate unbiased scores based on accuracy, profitability, reliability, and user satisfaction.
Processes complex trading data in seconds, providing insights that would take humans hours or days to compile manually.
Identifies hidden patterns in trading performance, market behavior, and user feedback that human analysts might miss.
Discover more AI-analyzed forex tools and get unbiased ratings for your trading decisions.
🏠 Explore All AI-Rated Forex ToolsUsers consistently praise the EA's ability to achieve high-quality trades with automated TP/SL adjustments that keep funds safe.
Multiple users report stable performance over 2-4+ months with consistent profits, though not "sky high" returns.
Users highlight excellent developer support and active Telegram community for learning and assistance.
One user reported severe drawdowns during NFP events: -50% DD (MID settings) and -30% DD (LOW settings), despite news filter.
Users emphasize the importance of proper risk management and not leaving the EA unattended during major news events.
Users note that while stable, returns are not exceptional - better suited for portfolio diversification than standalone high-profit trading.
AI-powered Expert Advisor with GPT models for trading decisions, prop firm compatibility, and advanced risk management.
Multi-currency Expert Advisor with trend following, hedge system, and portfolio diversification across 10 forex pairs.
Trend-following Expert Advisor for MT5 platform with multi-pair support and built-in indicator signals.
Golden Pickaxe is priced at $2,800 USD on the official MQL5 marketplace. The purchase includes 10 activations, lifetime support, 5 predefined set files, and comprehensive setup instructions. There's also a free demo version available for testing.
Golden Pickaxe uses advanced neural network technology and machine learning to analyze market data and place high-profit potential trades. With 89% accuracy and 5 predefined set files for different risk levels, it's specifically designed for XAUUSD trading on M1 timeframe.
After purchasing Golden Pickaxe from MQL5, copy the .ex4 file to your MetaTrader 4 Experts folder. Attach it to ONLY one XAUUSD M1 chart and choose from 5 predefined set files. Give the EA access to news list website and time server for optimal functionality.
Yes, VPS is recommended for continuous operation of Golden Pickaxe. The EA should run continuously to capture Gold market opportunities throughout the day. The neural network technology works best when it can analyze market data continuously.
Golden Pickaxe includes 5 predefined set files representing different trading systems: XAU Risky, XAU Risky Vol, XAU Balanced Vol, XAU Balanced, and additional configurations. Each set file is essentially a different trading system optimized for various risk levels and market conditions.
The neural network analyzes market data to identify high-profit potential trades on the Gold market. It can be retrained on your broker's data for optimal performance. The AI uses machine learning algorithms to process large amounts of market data and detect trading opportunities that human analysis might miss.
Valeriia Mishchenko provides excellent customer support including guidance on proper money and risk management settings, VPS setup assistance, and comprehensive documentation. The developer can help configure the EA properly and even assist with VPS setup to ensure optimal performance.