How much does EA Golden Pickaxe earn?
The best indicator of profitability Golden Pickaxe EA is a MyFxbook monitoring, which shows real statistics on the efficiency of the trading robot. Please note that these monitors reflect the trading of EA Golden Pickaxe on real accounts. In simple words, this is how this trading robot for XAUUSD will work on your trading account with real capital.
MyFxbook Golden Pickaxe EA
Video presentation from the developer of the Advisor for Gold
Description of Golden Pickaxe Expert Advisor
This trading robot for XAUUSD is based on a reverse strategy. That is, a trading strategy for a reversal of quotes. When the price on the chart of gold quotes reaches the maximum overbought/oversold level (several author’s indicators are involved in the market analysis at once), the Golden Pickaxe adviser places an order in the direction of a future price reversal. If the price goes against the open trading position, the Expert Advisor makes an averaging trade (in this case, the trading lot is multiplied by the coefficient). This is how the adviser continues to do until the market turns in the direction we need. Of course, such a strategy is potentially dangerous for the user’s deposit. However, the secret of the profitability of this robot is the high accuracy of Golden Pickaxe EA trades. This precision allows us to use martingale and averaging safely.
On MyFxbook monitorings, we see that the EA has managed to multiply the initial deposit many times since its launch. That is, you will be able to withdraw your initial investment from your trading account and continue to use Golden Pickaxe without the risk of losing your initial capital.
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Let me introduce you to EA Golden PickAxe, an expert advisor for automatic Forex trading. This program was designed to help traders automate their trading strategies and achieve success in the markets.
Golden PickAxe EA uses a trend trading strategy with price reversal and position averaging. It trades only on the XAUUSD (GOLD) asset and has a trading timeframe of M1. The minimum deposit to start trading is just $100, and the provided leverage can be from 1:100 and above depending on your broker’s requirements.
One of the most important aspects of Golden PickAxe expert Advisor is that it operates on MetaTrader 4, which is the most popular trading platform in the world. This means that the program is easy to install, and setup takes only 3-5 minutes. Once installed, the program operates fully automatically, meaning you can watch as it trades on your behalf.
Another key feature of Golden PickAxe Forex bot is its news filter. This filter is used to reduce trading risks by avoiding trades during periods of high market volatility. This is especially useful for traders who are just starting out and are not familiar with the risks associated with trading.
Golden PickAxe Forex Software is suitable for use with any broker and can work with 4 different strategies. This means you can choose the strategy that best fits your trading style and risk level. Additionally, the program can be used with any amount of capital, from $100 to $1 million or more. The expert advisor uses automatic money management, meaning it will effectively manage your capital and trading risks.
Golden PickAxe bot for trading is very popular among users, confirming its effectiveness and simplicity. It provides a profit of about 50%-100% per month, which is a very impressive result (profitability depends on the amount of risk that you can adjust yourself in the manual settings of the advisor).
Raoul23 –
Opening my trading platform each morning and observing fresh profits in my account is a joy. With these trading bots, my wealth increases daily.
Miguel T –
I’m thrilled with this Forex trading bot! It consistently makes me joyful by delivering daily automated algorithmic profits!