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Goldfinch EA 7.x
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters.
Simple input parameters for easier optimization
Customisable trade management settings
Customizable trading hours
Weekday selection
Money management
Backtesting
The Expert Advisor uses tick data only. Please backtest in "every tick" mode. It does not use HLOC (high - low - open - close) data at all, timeframe of trading is irrelevant.
Beware
Tick scalpers are dangerous because many factors can ruin the payoff. Variable spreads and slippage decrease the mathematical expectancy of the trade, a low tick density from the broker can cause phantom trades, the stop level undermines your ability to secure profits and network lag means requotes. Caution is advised.
When loading the expert to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.
Save time withd software.
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