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FrankoScalp MT5

I have been developing, testing and correcting this automated scalping system for a long time: https://www.mql5.com/en/signals/author/test-standart.

Last settings for EA in the comment: #53

🛑 Telegram channel with news: https://t.me/EAFXPRO

🛑 Telegram group for questions and discussion: https://t.me/EAFXPRO_chat


Highlights to pay attention to


1. During live operation of the expert the GMT offset parameter is determined automatically based on local time of the computer (GMT_Offset_AUTO=true).

This parameter provides synchronization of the expert settings with the MetaTrader 5 server time.

To ensure the correctness of settings it is necessary:

  • to compare the GMT time in expert information area on the chart of currency pair, to which the expert is attached, with http://time.is/GMT (or other reliable source).
  • If the values do not match, then set GMT_Offset_AUTO=false and set a value of GMT_Offset_Manual according to the instructions in https://www.mql5.com/en/blogs/post/682539

2. In order to activate the News filter function, enable "Allow WebRequest" and add http://ec.forexprostools.com/ to the URL list for WebRequest.

To do this, open Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add http://ec.forexprostools.com/ and click OK.

3. The expert works the same on any timeframe, as it automatically takes the necessary data from multiple timeframes.

Back-testing is recommended on the M1 timeframe.


    Main Parameters

    • ==== GMT and DST ====
    • GMT_Offset_Manual - the difference between your broker's server time and GMT;
    • GMT_Offset_AUTO - enable/disable the automatic detection of GMT Offset, using the local computer time (does not work in the strategy tester);
    • Adjust_DST_select - enable/disable Daylight Saving Time correction (for the Strategy Tester);
    • ==== Lot and MM ====
    • Use_Fix_Lots - enable/disable fixed trading lot;
    • Use_MM - enable/disable the lot value as a percent of deposit based on StopLoss;
    • Use_MM_Reg - enable/disable recovery money management (trading lot will not decrease in case of drawdowns);
    • ==== Grid and Martingale ====
    • Multiplier_of_trade_Lot - multiplier for a trading lot when opening a new position in the positions grid;
    • ==== Days without Trade ====
    • Use_Holidays_Pass - do not trade during the holidays;
    • ==== Record of deals in the file ====
    • Record_Deals - enable/disable logging of the EA operation details in a file;
    • ==== News Filter ====
    • Use_NewsFilter - use the news filter;
    • ==== Strategies select ====
    • use_select_Strategy - select strategy from 1 to 6 using optimization in the Strategy Tester;
    • ==== Common parameters ====
    • TakeProfit_Hide - virtual Take Profit hidden from a broker in points;
    • StopLoss_Hide - virtual Stop Loss hidden from a broker in points;
    • TakeProfit_Safety - Safety (real) Take Profit in points;
    • StopLoss_Safety - Safety (real) Stop Loss in points;
    • ==== TIMING ====
    • GMT_Open_Trade_Hour - hour to start opening trades, GMT;
    • GMT_Open_Trade_Minute - minute to start opening trades, GMT;
    • Period_Open_in_minute - time duration for opening trades in minutes;
    • GMT_Monday_OH - time to start opening trades on Monday;
    • GMT_Friday_CH - time to stop opening trades on Friday;

    The full list of the EA parameters can be found in the blog: https://www.mql5.com/en/blogs/post/689512


    Reviews 20
    eliluxiaolei
    849
    eliluxiaolei 2021.01.20 14:25 
     

    Very solid EA! And very niccce author! I cant appreciate more!

    Sammy Boy
    848
    Sammy Boy 2020.12.28 15:07 
     

    Supportive author and making EA sets easy to install with quick profiles . Tq author

    BitcoinLife
    555
    BitcoinLife 2020.11.20 15:06 
     

    A very good EA, very stable and profitable. The author has a 10/10 support. I will update with time.

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    Sabil Yudifera
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    Haoyu Du
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    SERGEI RIEBIN
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    Ivan Pochta
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    Andrey Dyachenko
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    More from author
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    Friday Monday
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    Konstantin Kulikov
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    Konstantin Kulikov
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    Konstantin Kulikov
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    Trailing and SL TP MT5
    Konstantin Kulikov
    The utility places trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Parameters magic   - magic number. If less than 0, positions with any magic number are tracked. only_this_symbol   - only chart symbol. If fals
    30 USD
    Filter:
    Adil
    471
    Adil 2019.05.29 14:24 
     

    User didn't leave any comment to the rating

    trader
    476
    trader 2020.05.29 22:59 
     

    The MT4 version of this expert made incredible profit on Konstantin's live accounts for several years which can be verified in myfxbook. I have never seen a similar performance with any other expert as from 2016-2019 with relatively low risk. I'm confident that with the new set files the success will continue. Great job!

    Fatih Bulut
    600
    Fatih Bulut 2020.06.01 15:35 
     

    I can make money only with Konstantin's products. This is yet another successful EA. Thanks for your hard work bro.

    Plamen Ivanov
    2004
    Plamen Ivanov 2020.06.13 18:04 
     

    User didn't leave any comment to the rating

    Evgenii Timoshin
    426
    Evgenii Timoshin 2020.07.12 10:55 
     

    Exact trade deals, good expert.

    Stephanie Nicole Chavez
    816
    Stephanie Nicole Chavez 2020.10.18 14:29 
     

    User didn't leave any comment to the rating

    PUI SIU GEOFFREY CHEN
    698
    PUI SIU GEOFFREY CHEN 2020.10.19 16:33 
     

    One of the best scalper in the market. Very stable.

    peronpmt4
    1568
    peronpmt4 2019.06.06 08:30 
     

    Excellent support from author. The best EA!

    Ricardo de Meo
    1156
    Ricardo de Meo 2020.10.22 08:22 
     

    User didn't leave any comment to the rating

    sasha-nt1
    284
    sasha-nt1 2020.10.23 07:17 
     

    Ставлю 10 звезд из 5! Отличный советник! Мои сделки на реальном счете совпадают со сделками на сигнале автора уже на протяжении 6 месяцев! Константин всегда отвечает на мои сообщения и вопросы. Рекомендую!

    one2_4444
    248
    one2_4444 2020.10.31 15:45 
     

    It’s the third product I bought from this author, great performance.

    fxresults
    23874
    fxresults 2020.11.05 01:59 
     

    One of the best EA's on the market I have ever seen. It's too cheap for the results it produces.

    Aleksandr Vlasenko
    471
    Aleksandr Vlasenko 2020.05.08 21:38 
     

    Last version of the Frankoscalp is very good!

    Eugenok1
    460
    Eugenok1 2020.11.07 11:59 
     

    Хороший ЕА! Внимательно следуйте инструкции по настройке и разберитесь с работой, чтобы не было сюрпризов. И соблюдайте риски, если классический сет modern себя хорошо зарекомендовал то по новому modern_all пока мало статистики

    Marcos Loeza
    36
    Marcos Loeza 2020.06.19 11:07 
     

    17/11/20 It keeps stable and author always reply and keep it updated. 10/10 19/06/20 Top strategies and also support. Konstantin is very honest and sell EAs that have a monitored signal so you can see how they perform in real market. Keep it up!

    WaveRidr
    1202
    WaveRidr 2020.10.22 09:15 
     

    Had it for 1 month. Way more losses than wins. - 24% this month. Bought because of the positive reviews but these are because the author is asking for reviews for more discounts. Hence why he's saying the price is going to jump. Don't be fooled, plenty cheaper EA's with better win rate

    Konstantin Kulikov
    15160
    Reply from developer Konstantin Kulikov 2020.11.20 15:41
    This guy is a crook.
    He writes that my EA is bad, and after that he buys another EA of mine! Then why?! (after that he bought "Breakthrough Strategy", you can see his review there)
    In private message, he asks for money to correct the review from negative to positive.
    I urge the MQL administration to ban him!
    I am attaching a screenshot: http://prntscr.com/vmvxif
    BitcoinLife
    555
    BitcoinLife 2020.11.20 15:06 
     

    A very good EA, very stable and profitable. The author has a 10/10 support. I will update with time.

    Nail Sharipov
    313
    Nail Sharipov 2020.07.15 19:43 
     

    Автор профи в своём деле ,при возникновении вопросов отзывается и решает их. Сам сов франк супер ,после обновления шикарно и уверенно приумножает депо (баланс) ,сеты автора. Скрин торговли в обсуждении.

    Sammy Boy
    848
    Sammy Boy 2020.12.28 15:07 
     

    Supportive author and making EA sets easy to install with quick profiles . Tq author

    eliluxiaolei
    849
    eliluxiaolei 2021.01.20 14:25 
     

    Very solid EA! And very niccce author! I cant appreciate more!

    Reply to review
    Version 3.4 2021.01.11
    Fixed access bug version 3.3
    Version 3.3 2021.01.11
    Updated link for news filter.
    Version 3.2 2020.10.17
    An additional strategy with flexible parameter settings has appeared.

    On/Off_Flexible_Strategy - a strategy with flexible configuration of parameters (Analysis_in_minutes, Entrance_Level, Exit_Level);
    Comment_F - comment for "Flexible_Strategy";
    Magic_F - magic number for "Flexible_Strategy";
    Analysis_in_minutes - the number of minutes to analyze "Entrance_Level" and "Exit_Level" (value range: from 15 to 240);
    Entrance_Level - "entry level" (value range: from 0 to 12); the more, the more stringent conditions for opening a position (the fewer positions);
    Exit_Level - "exit level" (value range: from 0 to 12); the more, the more stringent conditions for closing a position (the positions are open longer);

    Additional parameter for the "Grid" mode.
    Close_positions_at_percentage_of_loss - percentage of floating loss from the balance at which all positions are closing; 0 - disabled;

    Some parameters have been renamed.
    Version 1.2 2020.05.08
    1) Martin parameters added: Use_Grid_mode, Multiplier_of_trade_Lot, Signal_Only_for_First_Transaction.
    2) Added HighLow filter.
    3) The Minimum_Duration_for_deals parameter has also been added, allowing you to choose which positions the Minimum_Duration_of_deal_in_seconds parameter will apply to.
    4) Some old parameters are changed or renamed.
    Version 1.1 2019.11.19
    1) Added parameter:
    "Total_open_for_Buy_and_Sell" - if Total_open_for_Buy_and_Sell=false, then Total_open_transactions is applied separately for Buy transactions and Sell transactions.
    Examples:
    If Total_open_transactions=1 and Total_open_for_Buy_and_Sell=false,
    it is possible to open one BUY transaction and one SELL transaction at the same time.
    If Total_open_transactions=1 and Total_open_for_Buy_and_Sell=true,
    it is possible to open only one transaction.

    2) The news history for the strategy tester is updated until December 31, 2019 ("NewsFilter").