Golden Pickaxe EA MT4 V2.41 – New!

Introduction to Golden Pickaxe EA for MT4 (v2.41, 2025)

Golden Pickaxe EA by Valeriia Mishchenko is a mean-reversion grid trading system specialized for the Gold market (XAUUSD). The new 2025 update (v2.41) adds smarter neural filters, enhanced machine learning training, and better crash/news protection. With over 1,400% verified live gain and powerful backtest results on tick data, Golden Pickaxe has established itself as one of the most trusted gold EAs available.

The EA comes with 5 predefined set files (each essentially a unique trading system) — from XAU Risky to more conservative modes — giving traders full flexibility.

📚 Table of Contents

1. Key Features
2. Key Benefits
3. How It Works
4. 📈 Proof of Results
5. Trader Reviews
6. Frequently Asked Questions
7. Conclusion
8. ⚙️ Deployment Guidelines
9. 📦 What You Get

Key Features

• 🤖 Machine Learning Neural Filters: Filters weak trades, improves grid safety.
• 📊 5 Trading Presets: Choose between Risky, Balanced, and other optimized set files.
• 📰 Advanced News + Crash Filter: Avoids high-impact events and S&P500 shocks.
• ⚙️ Flexible Grid Controls: Distance, multipliers, max trades, and volatility filters.
• 🧠 Custom Perceptron Training: Retrain neural network on your broker’s data for edge matching.
• 📈 Strong Backtests + Live Proof: Verified growth over years of data and real accounts.
• 🛡️ Risk Management: Fixed, Dynamic, Deposit Load lot sizing + safety filters.
• 🎛️ GUI & Stats Panel: On-chart display with forecast and diagnostics.

Key Benefits

• ✅ Proven Performance: 1,435%+ verified live gain since 2022.
• ✅ Gold-Specialized: Tailored exclusively for XAUUSD (M1).
• ✅ Risk Flexibility: From safe long-term to aggressive high-growth modes.
• ✅ Crash Protection: Built-in S&P500 crash filter reduces systemic risk.
• ✅ Smart AI Edge: Neural network training adapts the EA to broker data.
• ✅ Prop Firm Safe: Use conservative modes to fit FTMO/MFF rules.

How It Works

Golden Pickaxe EA uses a mean-reversion grid system that exploits natural inefficiencies in gold price movements. It opens initial trades using Donchian channels, volatility filters, and EMA guidance, then manages positions with a grid strategy using defined multipliers and capped trades.

A Neural Network filter predicts trade probability before entry. The EA can also retrain its network on your broker’s data, ensuring it adapts to execution conditions. A News Filter blocks trades around high-impact events, while the Stock Market Crash Filter references S&P500 volatility to avoid systemic collapses.

📈 Proof of Results

• Live Myfxbook Performance (2022–2024): +1,435% gain • Monthly avg ≈ 11.5% • Max Drawdown ≈ 50.9% • Verified on IC Markets real account.

• Backtest (2005–2022, 100% Dukascopy Tick Data): Profit Factor ≈ 2.59 • Recovery Factor ≈ 4.22 • Win rate ≈ 91% short trades / 90% long trades • Net profit $5.2M from $1k initial deposit.

Trader Reviews

• ⭐ Steffen Schmidt: “Golden Pickaxe actually achieves high quality trades, excellent with automated SL/TP adjustments. Safe with almost zero risk to funds.”
• ⭐ Sathit Sukhhirun: “Perfect EA.”
• ⭐ Julioneves63: “Been running Golden Pickaxe for months — stable, consistent profits. Great Telegram group. Not a money machine but one of the best Valeria EAs for portfolios.”

Frequently Asked Questions

Which pairs and timeframe are supported?

Golden Pickaxe is optimized for XAUUSD (Gold) on M1 timeframe.

Is it prop firm compatible?

Yes — use conservative set files to stay within daily drawdown limits.

Does it use martingale?

It uses a controlled grid with multipliers, not unlimited martingale.

Can I retrain the neural network?

Yes, the EA includes Perceptron training mode so you can adapt it with your broker’s data.

What capital and leverage do you recommend?

With 1:100 leverage, $1,000 is sufficient for medium risk. With 1:30 leverage, at least $6,000 is recommended at low risk.

Do I need a VPS?

Yes, 24/5 VPS hosting is recommended for consistent execution and news filter accuracy.

Conclusion

Golden Pickaxe EA for MT4 v2.41 is a proven gold trading system that combines machine learning, grid logic, and robust safety filters. With verified live results, over a decade of backtest proof, and neural flexibility, it’s a powerful addition to any trading portfolio. Whether you want aggressive growth or steady long-term gold exposure, Golden Pickaxe has a mode for you.

⚙️ Deployment Guidelines

• 🕒 Timeframe: M1 (attach to one XAUUSD chart).
• 💻 One-Chart Setup: Trades XAUUSD only, all logic managed from one chart.
• 📶 VPS: Required for continuous operation.
• 💹 Broker: ECN/Raw spread recommended.
• 🛡️ Risk Presets: Fixed, Dynamic, or Deposit Load lot sizing available.
• 📏 Leverage/Capital: 1:100 from ~$1k; 1:30 needs ~$6k at low risk.
• 🔐 Installation: Attach to M1 XAUUSD, allow news/time servers (details in guide).

📦 What You Get

• ✔️ Golden Pickaxe EA for MT4 (v2.41) + future updates
• ✔️ 5 set files (Risky, Balanced, Conservative, and more)
• ✔️ Installation & setup guide
• ✔️ Access to AI filters, news & crash protection
• ✔️ Support