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What is Golden Pickaxe?

Golden Pickaxe is an innovative Forex robot designed for mean reversion grid trading, specifically targeting the Gold Market with the aid of machine learning technology to execute highly profitable trades. You can verify its performance through Valeriia Mishchenko's MyFxBook or her profile on the MQL5 marketplace. The expert advisor (EA) includes five distinct set files, representing various trading strategies tailored for gold, allowing users to select the default option called XAU Vol Balanced Vol or pick a different strategy that aligns with their trading style. Among its features are trade filtering that minimizes low-potential trades through Perceptron-based machine-supervised learning, the capability to retrain the neural network with data from your broker, and a robust filter for news and stock market crashes. Additionally, it offers extensive customization options, impressive live performance, and reliable backtesting results, accompanied by a statistics panel that includes a Neural Network Forecast indicator and a self-diagnostic system. As a bonus, users can benefit from five settings that cater to different risk profiles, a 14-day free trial period, a 30-day money-back guarantee, an accurate profit calculator, and a modern user dashboard for managing licenses. Furthermore, the package includes a customized server from ForexVPS.net, pre-installed with the EA, available for six months, making it easy for users to get started right away. You can explore Golden Pickaxe risk-free for 14 days on the ValeryTrading website, allowing potential users to experience its capabilities firsthand.

What is BF Scalper EA?

The strategy is straightforward yet highly effective. The Expert Advisor (EA) utilizes breakouts from the Bollinger Bands to generate signals for entry and exit points. In our view, the Bollinger Bands stand out as the most exceptional technical indicator ever developed, and we extend our gratitude to Mr. John Bollinger for this innovation! Throughout our experience with various indicators and trading strategies, we have found that the Bollinger Bands excel at capturing market volatility for scalping purposes. The stop loss is typically set within a range of 20 to 60 pips. Traders can choose between a fixed take profit of 4-8 pips or allowing the exit logic to dictate the position management. The BB indicator plays a crucial role in determining exit strategies, closing trades regardless of whether the price surpasses the opposite Bollinger Band line, managed through the "BandBreakExit" parameter, which performs optimally within a range of minus one to plus one-two. The backtest results for our forex robot BF Scalper have shown promising performance on several currency pairs, including EURUSD, USDCAD, EURCHF, USDJPY, GBPCAD, GBPUSD, and USDCHF. Additionally, the EA features robust spread protection, which is essential; utilizing limit orders can lead to unpredictable spreads of 10 to 20 pips, and a single trade with such a spread can wipe out the profits from multiple successful trades, given that the average expectancy in this trading style typically ranges from 2 to 3 pips at best. Thus, ensuring the integrity of each trade is critical to maintaining overall profitability.

Media

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

$1800
Free Trial Offered?
Free Version

Pricing Information

$97 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

ValeryTrading

Date Founded

2021

Company Location

United States

Company Website

www.valerytrading.com

Company Facts

Organization Name

FXautomater

Company Website

www.fxautomater.com/forex-robots/bf-scalper-ea

Categories and Features

Categories and Features

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