Golden Pickaxe EA MT4

• Developer source link: Golden Pickaxe MT4 on MQL5
• Live signal link: Developer-linked MT4 account

Golden Pickaxe EA MT4 applies machine-learning entry filters to an XAUUSD mean-reversion grid. The MetaTrader 4 edition is for traders who want to choose their gold exposure through preset selection, basket spacing and volume progression, while keeping the workflow in their existing MT4 terminal.

Choose the MT4 preset before choosing the lot size

The five listed strategy choices are more than interchangeable risk labels. The source identifies XAU Risky as the default, alongside Balanced Vol, Balanced, Classic and the other Risky configuration. Start by deciding how much averaging exposure you intend to allow, then inspect that preset’s maximum trades, spacing and multipliers. A familiar preset name does not establish a maximum account loss.

• XAUUSD on M1, using the MetaTrader 4 build and matching settings.
• Entry filtering through model settings, volatility conditions, a Donchian channel and daily EMA controls.
• Configurable basket spacing and lot progression, with drawdown controls to review before enabling trading.

Fit the basket to your broker’s gold contract

On MT4, check the exact gold symbol, contract size, minimum lot and volume step before copying a set file. The same numerical lot size can create different monetary exposure on another gold contract. Assess the complete sequence of permitted orders, not only the first trade. A risk profile that feels modest when the initial order opens may grow substantially as the basket fills.

Understand what the model can and cannot do

The neural-network configuration can be selected or trained. Its score helps the EA decide which entries qualify; it is not an independently measured probability of profit. In a sustained gold trend, filtered entries can still leave an averaging basket on the wrong side. The important practical question is what your spacing, volume and loss controls permit during that sequence.

The public account linked above runs on MT4, which makes its platform relevant to this edition. It remains the provider’s account, with its own settings, broker and trading history. Read the detailed account and buyer-feedback review. Use that account discussion to assess floating exposure and losing periods as well as closed profits.

Prepare the MT4 setup

Use the public developer guide for the current WebRequest instructions and setup sequence. Test your intended XAUUSD M1 configuration in your own terminal before relying on it live, and keep the terminal or VPS running for trade management. Broker charges and any separately purchased services are separate from the EA offer.

Golden Pickaxe MT4 product · Golden Pickaxe MT5 product · Shared review

Standalone file. Follow the delivery instructions provided with your order.