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Free EA MT4 Goldfinch EA 7.2

Goldfinch EA 7.2

Metatrader Expert Advisor (MT4)


This is the latest iteration of my famous scalper, Goldfinch EA, which was published for the first time almost a decade ago.  It exposes the market to the sudden expansion of volatility that occurs over a short period of time: it assumes and tries to take advantage of the inertia in price movements after a sudden price acceleration.  This new version has been simplified to allow traders to easily use the tester optimization feature to find the best trading parameters.

  •  Simple input parameters for easier optimization
  •  Customizable trade management settings
  •  Trading session options
  •  weekday selection
  •  Financial management
  •  Backtesting

 Expert Advisor only uses tick data.  Please retest in "every tick" mode.  It doesn't use HLOC (high - low - open - close) data at all, trading timeframe is irrelevant.

 Watch out

 Flea scalpers are dangerous because many factors can spoil the yield.  Variable spreads and slippage reduce the mathematical expectations of trading, low tick density of the broker can lead to phantom trades, stop levels weaken your ability to secure profits and network sluggishness means requotes.  Caution is advised.


 Screenshot


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