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Golden Pickaxe MT5 - Expert Advisor for Gold Trading

Golden Pickaxe MT5

Description

Golden Pickaxe MT5 is a high-performance forex trading software designed specifically for gold (XAU) trading. It offers multiple trading systems to cater to different risk preferences and market conditions. The expert advisor is developed by an independent team at Forex Robot Easy.

Product Features

  • Multiple Trading Systems: The expert advisor offers five different trading systems to choose from, including XAU Risky, XAU Balanced, XAU Classic, XAU Risky Vol, and XAU Balanced Vol.
  • Neural Network Training: The software allows for the retraining of the Neural Network based on the broker's data, enabling it to adapt to changing market conditions.
  • News and Stock Market Crash Filter: The expert advisor includes a filter to eliminate irrelevant market events, such as news and stock market crashes, to improve trading accuracy.
  • Customizable Parameters: Users can customize the input parameters to adjust the trading system selection and enable/disable features like Neural Network training and news filtering.

How It Works

The Golden Pickaxe MT5 expert advisor executes trades based on the selected trading system. The main program consists of the following steps:

  1. Neural Network Retraining (if enabled): If the Neural Network training feature is enabled, the expert advisor calls the RetrainNeuralNetwork function to retrain the Neural Network using the broker's data.

  2. News and Stock Market Crash Filtering (if enabled): If the News and Stock Market Crash Filter feature is enabled, the expert advisor calls the FilterNewsAndStockMarketCrash function to filter out irrelevant market events.

  3. Trading System Execution: Based on the selected trading system, the expert advisor calls the corresponding trade execution function. For example, if the trading system is set to 0, the TradeXAU_Risky function is called.

  4. Trade Execution Functions: The expert advisor includes separate trade execution functions for each trading system. These functions contain the specific code for executing trades based on the selected system's strategy.

Usage

To use the Golden Pickaxe MT5 expert advisor, follow these steps:

  1. Set the desired input parameters:

    • TradingSystem: Select the desired trading system (0-4).
    • EnableNeuralNetworkTraining: Enable/disable Neural Network training (true/false).
    • EnableNewsFilter: Enable/disable News Filter (true/false).
    • EnableStockMarketCrashFilter: Enable/disable Stock Market Crash Filter (true/false).
  2. Compile and attach the expert advisor to the desired gold (XAU) trading chart in MetaTrader 5.

  3. Ensure that the necessary libraries and dependencies are properly installed and configured.

  4. Monitor the expert advisor's performance and adjust the input parameters as needed to optimize trading results.

Disclaimer

ForexRobotEasy is not the official developer of the Golden Pickaxe MT5 expert advisor. This code is provided as a sample that can work based on the described product. To find the official developer of this product, please refer to the MQL5 marketplace.

For detailed reviews and trading results of the Golden Pickaxe MT5 expert advisor, visit forexroboteasy.com.

License

This code is provided under the MIT License.

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