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Golden Pickaxe: Perceptron training
Golden Pickaxe: Perceptron training

Once you load Golden Pickaxe on your chart, pop-up box will appear showing the settings of your EA. Make sure that all the settings and alerts are correct before clicking OK.

Golden Pickaxe Perceptron training settings:

  • Perceptron Training Mode (Tester only) – if true, the EA will try to train Perceptron while backtesting and save results in the external configuration file Perceptron_Config.txt located in the common directory for all MT4/5 terminals

  • Dataset Max Size - maximum dataset size for raw data. Try increasing the value if you get an overflow error during training

  • Neuron in Hidden Layer [0=no hidden layer] - number of neurons in the hidden layer. If zero, then no hidden layer will be used. A very high value can reduce the learning speed and lead to over-training. The value cannot be changed if Perceptron is trained!

  • Training Algo - training algorithm:

    • – Levenberg–Marquardt algorithm (LMA or just LM), also known as the Damped least-squares (DLS) method, is used to solve non-linear least squares problems.

    • – L-BFGS is an optimization algorithm in the family of quasi-Newton methods that approximates the Broyden–Fletcher–Goldfarb–Shanno algorithm (BFGS) using a limited amount of computer memory. It is a popular algorithm for parameter estimation in machine learning.

  • Number of Restarts – max. number of restarts to find the global optimum.

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Golden Pickaxe: Description & Features
Golden Pickaxe: MyFxBook & MQL5 Live Signal
Golden Pickaxe: Back-testing
Golden Pickaxe: How to install
Golden Pickaxe: Risk management
Golden Pickaxe: MM & Risk settings
Golden Pickaxe: Time settings
Golden Pickaxe: Grid settings
Golden Pickaxe: Strategy
Golden Pickaxe: Machine Learning setup
Golden Pickaxe: How to train Perceptron
Golden Pickaxe: Take-profit settings
Golden Pickaxe: Stop-loss settings
Golden Pickaxe: News filter settings
Golden Pickaxe: Stock market crash filter settings
Golden Pickaxe: Back-test settings
Golden Pickaxe: Additional settings