PZ Goldfinch Scalper EA MT5

3.33

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.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Simple input parameters for easier optimization
  • Customisable trade management settings
  • Trading session selection
  • Weekday selection
  • Money management


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.

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
  • The timeframe of trading is irrelevant
For better performance, run a cloud optimization for each symbol you want to trade in every tick mode. Share later!


Input Parameters

  • Trigger: Price movement needed to fire a trade, in pips. (default = 10)
  • Min Time Window: Minimum time for the price movement to happen. (default = 3)
  • Max Time Window: Maximum time for the price movement to happen. (default = 10)
The above inputs handle trades. They literally mean "trade if the market moves 10 pips in less than 10 seconds, but not in less than 3 seconds."
  • Breakeven: Pips in profit to perform the break-even. Zero means  disabled.
  • Breakeven Behavior: Choose either
    a) Move the SL to open price or
    b) Secure half the profits of the trade
  • Trailing Stop: Trailing stop for trades expressed in % of the trade profit at the time
  • Trailing Step: Minimum increment in the stop-loss order.
  • Stop Loss: Stop-loss in pips, must have value.
  • Take Profit: Take-profit in pips. Zero means disabled.
  • Session Settings: Enable/Disable trading on asian / america / europe sessions
  • Weekday Settings: Enable/Disable trading on weekdays
  • Money Management Behavior: Choose either
    a) Auto-calculate lotsize for each trade or
    b) Trade a manual lotsize on each trade
  • Risk Per trade: Risk per trade expressed as % of the account balance
  • Manual Lot Size: Manual lot for the trades
  • NFA/FIFO Compliant: Enable to trade this EA on US Brokers
  • Custom Comment: Custom order comment for the trades
  • Magic Number: Number used by the EA to sign and recognize its trades
  • Slippage: Maximum deviation in filling prices, in points.
  • Manual Pip Value: Override the value of a pip for this symbol, if needed

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
Değerlendirmeler 78
FGarciaRam
104
FGarciaRam 2026.05.30 21:05 
 

Muito bom, porém não consegui um ajuste bom de trailing stop e ajustar horário com horas e minutos em pelo menos dois horários distintos.

Emanuel533
339
Emanuel533 2025.12.14 22:40 
 

exelente producto,se probo y funciona,lo importante es siempre testear 10/10

Antima Vishwakarma
18
Antima Vishwakarma 2026.01.24 03:42 
 

can you send how can i use this ea in usc account and what setting we should change

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Bogdan Ion Puscasu
4.56 (150)
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Jimmy Peter Eriksson
4.22 (27)
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Valentina Zhuchkova
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Chen Jia Qi
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Bogdan Ion Puscasu
4.86 (506)
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Miguel Angel Vico Alba
4.48 (23)
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Uttam Kumar Nandeibam
4.69 (13)
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Mohamed Gaith Mouzeik
5 (2)
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Leonid Arkhipov
4.61 (119)
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Marco Scherer
4.64 (11)
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MQL TOOLS SL
4.27 (105)
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Simon Reeves
5 (7)
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4.89 (19)
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Chen Jia Qi
4.56 (9)
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MQL TOOLS SL
5 (31)
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PZ TRADING SLU
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PZ TRADING SLU
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PZ TRADING SLU
4.67 (3)
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PZ TRADING SLU
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PZ TRADING SLU
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Filtrele:
tusharwagh
14
tusharwagh 2026.06.08 16:24 
 

The backtests are impressive, but fails miserably in live market. This is most probably because the code uses tick data and in live there is a delay.

FGarciaRam
104
FGarciaRam 2026.05.30 21:05 
 

Muito bom, porém não consegui um ajuste bom de trailing stop e ajustar horário com horas e minutos em pelo menos dois horários distintos.

Marisvaldo Carrijo
18
Marisvaldo Carrijo 2026.05.20 19:36 
 

Excelente robo. Só queria o código fonte

SnooxUY
17
SnooxUY 2026.05.16 07:36 
 

Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

Nezo Eliot
1338
Nezo Eliot 2026.05.01 03:18 
 

I didnt have too nice experiences with this robot, however was a nice try, thank you

dutchinvestor
14
dutchinvestor 2026.04.10 14:01 
 

Only tested it 1 day. 190 trades! 60% win, 40% loss....BUT totall result 6% LOSS on this 1 day (so the averge trade loss was way bigger then the average win). For me a reason to not continue the test.

Marco Derule
366
Marco Derule 2026.02.18 11:48 
 

how the hell a backtest is such amazing and real account get destroyed in 10 mins??? what a shit

rocky2015
24
rocky2015 2026.01.29 01:20 
 

ありがとうございます 稼動させていますが、1日に10回以上STOP値が入らないエントリーがあります 原因はどこに有りますか? EAのバグでしょうか?

Antima Vishwakarma
18
Antima Vishwakarma 2026.01.24 03:42 
 

can you send how can i use this ea in usc account and what setting we should change

Emanuel533
339
Emanuel533 2025.12.14 22:40 
 

exelente producto,se probo y funciona,lo importante es siempre testear 10/10

IgorJereb
36
IgorJereb 2025.11.19 12:11 
 

it makes minus 50% in one day, but now I can't stop it

Umar Farooq
18
Umar Farooq 2025.11.13 01:02 
 

I NEED TO KNOW HOW TESTER WORK 100% AND REAL ACCOUNTS GET WASHOUT IF THERE IS ANY SETTING CAN YOU PLEASE GUIDE US

Dougal
430
Dougal 2025.10.20 08:06 
 

Back test was great, put it on a demo account and it trashed the account in first 8 hrs. Something very wrong with it.

belaidaymen444
24
belaidaymen444 2025.08.14 21:49 
 

Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

[Silindi] 2025.08.12 02:07 
 

Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

Rishi Gupta
20
Rishi Gupta 2025.05.14 01:09 
 

It is terrible. I bought this EA after a fantastic test. Installing it was the biggest mistake I could do.

Friedrich Bauer
46
Friedrich Bauer 2025.05.09 12:59 
 

It is terrible. I bought this EA after a fantastic test. Installing it was the biggest mistake I could do. It makes about 400 trades a day. Due to its strategy most trades are filled with a small profit thanks to the trailing stop. And then it makes losses which are far too high to work with profit - it produced 12% loss in one day. The most scary thing is, that I cannot stop it. Only when I cancel VPS this EA stops working. I even deinstalled Metatrader 5 from my PC and reinstalled it. I didn´t install Goldfinch but when I started VPS Goldfinch started trading on my accunt. It is terrible!!!!!!!!!!!!!!!!!!!

Somchai Ninphet
60
Somchai Ninphet 2024.09.01 12:09 
 

Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

wescx005
97
wescx005 2024.07.25 18:23 
 

mixed bag on this one thus far. Running on live account, some wins, some losses but after 2 weeks basically at breakeven with about 52 trades done. Will follow up but not exactly holding a winning rate like it did in backtest

Igor Bulgakov
2647
Igor Bulgakov 2024.07.08 08:02 
 

good!

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