Below you can find an archive with all the set files, Servers.txt file with the list of servers used by the EA and a comprehensive guide which lists all the parameters of the EA with a detailed description of each of them
I found that many people did not know how to change the lot sizing from the fized lot size do the dynamic lot size. To do that you need to see the 'Dynamic lot-sizing' parameter description on the EA page or in the guide. To provide less confusion I prepared set files with the low-risk dynamic lot sizing. You can download these in the archive below with the EA guide and Servers.txt file
❗️ These days I got many questions (sometimes very angry ones) from people that installed the Golden Pickaxe EA with default settings (Balanced Vol set file) and gotno trades for the last few days. Here I will explain the reason, what to do to people that want more frequent trading and whether you should want that or not
📈 First of all, I have the verysame situation on my accounts, which you can checkhere. So it's not something wrong on your end, that's how the EA works with these settings
➡️ Secondly,"Vol"in the set file naming means"volatility filter". This is one of the most robust filters one can have in the trading system thatmakes results much better on average. In the case of the Golden Pickaxe, this filterskips trading entirelywhen current market volatility is too low for high-quality entries. Attached to this post, you can download test results of the "Balanced Vol" system with and without volatility filtering to check this yourself
⚖️ Sothe upsideof using volatility filtering is having amuch better quality of entrieson average. The"downside"of using a volatility filter is that sometimes it cankeep the system from entering the marketfor a week or two. That is a necessary price one needs to pay to have high-quality trading. Sometimes there are simply no good trading opportunities to take, and a professional must acknowledge that to stay profitable in the long run
✅ I kept the"downside"in quotes here sinceprofessional traders do not view the absence of trading during dangerous market periods as something bad. After all, when you have a trading portfolio and not just one system, you will have trades anyway. And if you need to wait a bit to have more precise entries to the market and better trading quality, you should do that. Otherwise, what is the point of trading in the first place? We take trades to make profit, not to satisfy an "inner monkey" that wants constant action, green and red colors all over the place
👉 However,if you want more frequent trading, you can alwaysuse set files without "Vol" in the set file namingor lower the 'Volatility Filter' value from the default 95 value to something smaller. The average trading quality will be lower in this case, you should keep that in mind. Attached to this post, you can see test results of the "Balanced Vol" system with and without volatility filtering
divonney #: Valeriia (the one and only) whats i name her she is the most trusted brain to build EAs and there is nothing to hide check her account at myfxbook
❗️ These days I got many questions (sometimes very angry ones) from people that installed the Golden Pickaxe EA with default settings (Balanced Vol set file) and gotno trades for the last few days. Here I will explain the reason, what to do to people that want more frequent trading and whether you should want that or not
📈 First of all, I have the verysame situation on my accounts, which you can checkhere. So it's not something wrong on your end, that's how the EA works with these settings
➡️ Secondly,"Vol"in the set file naming means"volatility filter". This is one of the most robust filters one can have in the trading system thatmakes results much better on average. In the case of the Golden Pickaxe, this filterskips trading entirelywhen current market volatility is too low for high-quality entries. Attached to this post, you can download test results of the "Balanced Vol" system with and without volatility filtering to check this yourself
⚖️ Sothe upsideof using volatility filtering is having amuch better quality of entrieson average. The"downside"of using a volatility filter is that sometimes it cankeep the system from entering the marketfor a week or two. That is a necessary price one needs to pay to have high-quality trading. Sometimes there are simply no good trading opportunities to take, and a professional must acknowledge that to stay profitable in the long run
✅ I kept the"downside"in quotes here sinceprofessional traders do not view the absence of trading during dangerous market periods as something bad. After all, when you have a trading portfolio and not just one system, you will have trades anyway. And if you need to wait a bit to have more precise entries to the market and better trading quality, you should do that. Otherwise, what is the point of trading in the first place? We take trades to make profit, not to satisfy an "inner monkey" that wants constant action, green and red colors all over the place
👉 However,if you want more frequent trading, you can alwaysuse set files without "Vol" in the set file namingor lower the 'Volatility Filter' value from the default 95 value to something smaller. The average trading quality will be lower in this case, you should keep that in mind. Attached to this post, you can see test results of the "Balanced Vol" system with and without volatility filtering
What is the Lot-sizing method setting in your account, Golden Pickaxe Balanced Vol?
What is the Lot-sizing method setting in your account, Golden Pickaxe Balanced Vol?
Hi! I use fixed lot size there. If you want to see long-term performance of the EA with different set files and risks, you can do it on pp. 43-44 of the EA guide
Timothy Yang #: Hello I purchased the EA Please add me to the telegram group
Hello Timothy, Of course. Please, take a look at your private messages
Hi! I use fixed lot size there. If you want to see long-term performance of the EA with different set files and risks, you can do it on pp. 43-44 of the EA guide
Hello Timothy, Of course. Please, take a look at your private messages
Hi Valeriia, first off, big fan of yours. I'm looking forward to your new EA release next month. My question is, I purchased Golden Pickaxe in MT5 format. How is it possible to load it on MT4? My broker does not support MT5,
Hi Valeriia, first off, big fan of yours. I'm looking forward to your new EA release next month. My question is, I purchased Golden Pickaxe in MT5 format. How is it possible to load it on MT4? My broker does not support MT5,
Duane Smith
Hi Duane,
There are two sections on the MQL Market: one for MT 4 applications, another for MT 5. Most people still prefer MT 4 applications since more broker provide MT 4 than MT 5. But here you need to choose one of the two
If you want to use the MT 5 EA on MT 4, you need to use a MT 5-->MT 4 copier. I don't think it is allowed to mention tools of other developers here, but if you need it, I can send the one I use in a private message to you
👉 However, if you want more frequent trading, you can always use set files without "Vol" in the set file naming or lower the 'Volatility Filter' value from the default 95 value to something smaller. The average trading quality will be lower in this case, you should keep that in mind. Attached to this post, you can see test results of the "Balanced Vol" system with and without volatility filtering
Hello, have purchased this and can I please be added to the telegram group?
Hi! I was not able to find you by this username. Please, check your private messages here
good day
can u answer my DM pls thanks
good day
can u answer my DM pls thanks
Hi! Sure, I've answered you some time ago in private messages
Valeriia (the one and only) whats i name her she is the most trusted brain to build EAs and there is nothing to hide check her account at myfxbook
Thank you! I'm glad to hear it =)
👉 However, if you want more frequent trading, you can always use set files without "Vol" in the set file naming or lower the 'Volatility Filter' value from the default 95 value to something smaller. The average trading quality will be lower in this case, you should keep that in mind. Attached to this post, you can see test results of the "Balanced Vol" system with and without volatility filtering
What is the Lot-sizing method setting in your account, Golden Pickaxe Balanced Vol?
Please add me to the telegram group
What is the Lot-sizing method setting in your account, Golden Pickaxe Balanced Vol?
Hi! I use fixed lot size there. If you want to see long-term performance of the EA with different set files and risks, you can do it on pp. 43-44 of the EA guide
Hello I purchased the EA
Please add me to the telegram group
Hello Timothy, Of course. Please, take a look at your private messages
Hi! I use fixed lot size there. If you want to see long-term performance of the EA with different set files and risks, you can do it on pp. 43-44 of the EA guide
Hello Timothy, Of course. Please, take a look at your private messages
Thank you!
Hi Valeriia, I have bought all your EAs. Could you add me to your Telegram group?
Hi! Sure. Please, take a look at your private messages
Hello Valeriia
Just bought your EA and would be grateful if you could add me to your telegram group. Thanks in advance and best regards.
Hello Valeriia
Just bought your EA and would be grateful if you could add me to your telegram group. Thanks in advance and best regards.
Hello Christoph,
Of course. I've answered you in private messages
Hi Valeriia, first off, big fan of yours. I'm looking forward to your new EA release next month. My question is, I purchased Golden Pickaxe in MT5 format. How is it possible to load it on MT4? My broker does not support MT5,
Duane Smith
Hi Valeriia, first off, big fan of yours. I'm looking forward to your new EA release next month. My question is, I purchased Golden Pickaxe in MT5 format. How is it possible to load it on MT4? My broker does not support MT5,
Duane Smith
Hi Duane,
There are two sections on the MQL Market: one for MT 4 applications, another for MT 5. Most people still prefer MT 4 applications since more broker provide MT 4 than MT 5. But here you need to choose one of the two
If you want to use the MT 5 EA on MT 4, you need to use a MT 5-->MT 4 copier. I don't think it is allowed to mention tools of other developers here, but if you need it, I can send the one I use in a private message to you
Hi
Please add me to your telegram group. Thanks in advance and best regards.