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Are you weary of putting in endless hours studying the Forex market in an effort to identify the ideal entry and exit points for successful trades? Try Golden Pickaxe - the Forex Expert Adviser that promises to handle all of the laborious tasks for you. However, with so many trading tools available on the market, how can you ascertain that Golden Pickaxe is the right one for you?
In this review, we'll explore the features of Golden Pickaxe and put it to the test to see if it really delivers on its promises. So, if you're looking for an automated trading solution to take your forex trading to the next level, buckle up and join us on this journey to discover whether Golden Pickaxe is the real deal or just another overhyped product.
What Is Golden Pickaxe?
Golden Pickaxe is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. Simply said, Golden Pickaxe EA is an automated forex trading strategy designed to operate within the MetaTrader 4 and MetaTrader 5 platforms. This forex robot is equipped with a built-in trading algorithm that automatically scans currency pair charts for potential trading signals.
Once the Golden Pickaxe expert advisor identifies a viable trading opportunity based on its implemented trading logic, it can execute and monitor trades on behalf of the user. In essence, the Golden Pickaxe EA takes on the responsibility of identifying and managing trades, allowing the user to sit back and potentially profit from the automated trading system. It uses market mechanics to its advantage to make profits. The developer, Valeriia Mishchenko, spent years perfecting the system to ensure its profitability.
Who Is Valeriia Mishchenko?
Due to her remarkable work in developing top-notch Expert Advisors, Valeriia Mishchenko holds a high level of respect in the MQL market. Mishchenko has more accomplishments in a shorter period than many other developers because she has over ten years of expertise in creating algorithmic trading systems. Some of her trading strategies have experienced impressive growth, claiming an account rise of more than 6350% and continuing to be profitable for more than 58 straight months.
Her double-verified MyFxBook profile and the real-time signals on her MQL market profile make it simple to confirm these remarkable results. By offering individualized service, which is uncommon in the EA market, Mishchenko distinguishes himself from other developers. Also, if required, she offers remote desktop configuration assistance to her clients.
What Does Golden Pickaxe Offer?
The objective of the expert advisor is to take advantage of actual market flaws to position itself favorably in relation to the market. Generally, the idea behind the mean reversion trading technique is that a currency pair's price will eventually revert to its mean or average price. Forex Traders reap numerous benefits when they use Golden Pickaxe EA.
We have expounded on some of the main features offered by the EA.
Customizable Parameters
The EA has more than 50 customizable parameters, including different risk management profiles, ranging from low to high, to fit any risk appetite. These are as listed below:
● XAU Risky Vol
● XAU Balanced Vol
● XAU Risky, XAU Balanced
The automated trading system contains five preconfigured files, as mentioned above, that have been optimized by the developer, each with a unique strategy. This means you can select from five different systems.
You can either change your preferences or continue with the XAU Risky default configuration. Since every trader has a different risk appetite, it is crucial to confirm the risk size being used and change it in accordance with your specific risk tolerance.
Note: It's important to remember that even low-risk grid trading can have substantial drawdowns in unfavorable market conditions.
Money-Back Guarantee
The provider offers verifiable real-world trading statistics demonstrating consistent gains and low risk. Also, Valeriia offers users a 30-day money-back guarantee to reassure them of the system's dependability. Such a deal is not usual in the MQL market.
If you purchase the product and realize along the way that you don't like it as much, you have to say goodbye to your money. Thankfully, Golden Pickaxe is an exception to this rule. Test it now for 14 days for free; if you enjoy it, which you probably will, proceed and make the required payments.
Worried You Won't Grasp How to Use the System?
Most Expert Advisors are designed with complex algorithms that make it difficult for users to understand them. Valeriia knew this when developing Golden Pickaxe, which is why she ensured to design the most user-friendly dashboard. The modern user dashboard is where you handle your licenses.
There is still a chance that some users might not understand how to maneuver the dashboard. Worry not because the EA comes with an 80-page detailed step-by-step PDF guide with images and videos to help you during the early stages. The developer also promises users that the purchase package includes a ValeryVPS, ForexVOS.net, customized with the EA installed and ready to go for six months. If this doesn't pique your interest, then you probably don't know that no Expert Advisor will offer you such privileges on the market.
Accurate Profit Calculator
Oftentimes, traders have to calculate the anticipated profit margin for numerous reasons. Most of the calculators offered on the internet provide inaccurate calculations, which leads traders astray. When you purchase a license with Golden Pickaxe, you automatically get an accurate profit calculator. This is provided in the modern user dashboard.
Need More Proof?
If you are familiar with the forex market, you know the industry is flooded with many unscrupulous providers. It is important to tread carefully, lest you lose all your investments. To confirm the credibility of Golden Pickaxe, you can check the hundreds of 5-star reviews from verified clients all over the internet, including the MQL5 market and Trustpilot. Moreover, there are +20 exhaustive video testimonials of clients showing their accounts and results.
Use the Telegram community group with +380 active members as well to communicate with active users of Golden Pickaxe. They might give you insights on how to go about it, depending on what worked for them.
Final Thought – Should You Try Golden Pickaxe EA?
Considering all the benefits that come with its purchase, getting Golden Pickaxe is probably the best decision you can make in your forex trading journey. Before you throw it under the bus, try the 14-day free trial. You will realize that all the features and strategies mentioned in this review are not bluff. Suppose you don't like the experience; you can always withdraw guaranteed of 100% refund. Elevate your forex trading game; get Golden Pickaxe today.
