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FrankoScalp MT5

4.56
Congratulations! You have come to the page of the longest running Expert Advisor on the Forex market!
For more than 5 years, this expert has been at the hearing and in various tops.
On any Forex forums you can find discussion topics for the "FrankoScalp" expert, but only on mql5 you can buy the original updated version of the expert, as well as get in touch with the author and get into the friendly "FrankoScalp" user community.

Buy Now & Save $250. +$50 for each of the next 10 copies. The usual price is $488.

Purchase details

When you buy an expert, you get it forever (all updates are free), but you have 5 activations. This means that you can use it on 5 computers (or VPS). The number of trading accounts and terminals is unlimited.

A bit of history

In 2012 I plunged into the world of Forex, in 2015 I completely concentrated on automated trading systems, in 2016 I published my first EA - "FrankoScalp".
A couple of years later, a version for MT5 appeared, completely identical to the MT4 version.

The secret of longevity EA "FrankoScalp"

First, let's face it, you won't buy a "money-printing machine" for either $100 or $10,000. This is hard to admit, but necessary in order to stop being disappointed and to work comfortably in Forex (and similar areas). Any Expert Advisor is a trading system with both periods of profit and periods of losses. During periods of loss, most Expert Advisors cease to be supported by their authors, since it is more profitable from a commercial point of view to release a new Expert Advisor, because of this, users become owners of trash and buy new Expert Advisors.
EA "FrankoScalp" is updated during drawdowns and receives new sets of settings, so many users have been using "FrankoScalp" for the 5th year already. Have you ever used a bot that you bought 5 years ago? But this is not the limit. The Expert Advisor has been regularly updated and will be supported all the time while I am in the Forex field. Old sets are periodically corrected + new sets appear, so the EA will not turn into trash and will not be forgotten after a drawdown.

About strategy

  • Primary sets are scalping in quiet times (outside the news), taking into account many nuances, based on the analysis of work on real accounts. Each trade is limited by a Stop Loss, so these sets are suitable for conservative trading (grid or martingale methods are not used).
  • Modified sets - these are sets for those who like "hot". Instead of Stop Loss, averaging positions are used, i.e. the grid and martingale methods are used. Therefore, these sets are suitable for aggressive trading, however, since these sets are based on "Primary sets", in more than 95% of cases, the first trade is closed successfully without an averaging position. This allows these sets to be stable with a moderate amount of risk.
  • Currency pairs for which the sets have been developed: USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD, GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY, CHFJPY, USDJPY, EURJPY, USDSGD.

Expert setup

  • Download the latest archive of settings in comment #87.
    • Primary sets are in the "Without GridMartin" folder.
    • Modified sets are in the "With GridMartin" folder.
  • The expert works the same on any timeframe, as it automatically takes the necessary data from multiple timeframes.
  • In order to activate the News filter function, enable "Allow WebRequest" and add news site to the URL list in the terminal settings.
    • Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this (delete the space): http://  ec.forexprostools.com/
  • Check the correctness of EA time autotune using the information in comment #56.
  • The adjustment of the trading lot calculation is described in comment #63.
  • After setting up, you can send me a screenshot of your terminal for check, it is also possible to check via a remote desktop (teamviewer).
  • The full list of the EA parameters can be found in the blog: https://www.mql5.com/en/blogs/post/689512.

P.S. Pay attention to the useful information in my profile: https://www.mql5.com/en/users/test-standart
Reviews 33
Ardjuna
206
Ardjuna 2021.11.05 14:52 
 

Hi...Traders, this is one of the best expert I have tried so far, I have been testing for months to see how was the strategy works , and how smart the expert in the calculating the market movement before entering the market. The result... ? my balance real account increase significant and always in positive zone... you guys should need to have these experts. the experts have a very good accuracy when deciding to enter the market. In addition, the Author is a really nice man, and he always happy to help if you guys have any problems for the experts.

Anton Goldberg
378
Anton Goldberg 2021.10.06 22:35 
 

Советник работает на все 100%. Разработчик отзывчив к покупателями, что отлично подходит для построения отношений, основанных на доверии. Рекомендую всем данный продукт!!!

gammag
1437
gammag 2021.08.28 14:18 
 

It is a versatile EA with different settings according to needs (night and day trading). Author is professional in contact and gives support.

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Aura Turbo MT5
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4 (8)
Aura Turbo is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter whose value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or l
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Exp-TickSniper -  high-speed tick scalper with auto-selection of parameters for each currency pair automatically. Do you dream of an adviser who will automatically calculate trading parameters? Automatically optimized and tuned? The full version of the system for MetaTrader 4:   TickSniper  scalper  for MetaTrader 4 TickSniper - Full Description   + DEMO + PDF The EA has been developed based on experience gained in almost 10 years of EA programming. The EA strategy works with any SYMBOLS. Th
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Stanislav Tomilov
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Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter which value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or le
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Hunting Cat Scalper   is a fully automated trading robot on mainly   USDJPY.   It well identifies potential breakout levels in certain price patterns and then trades along with the breakouts.  Current price: $349 Next price --> $519  Live signal: Set A :  https://www.mql5.com/en/signals/1039521 Set B (Main):  https://www.mql5.com/en/signals/1072005 Main Features Identifies breakout levels in price patterns  Resistant to high ping environment  Calculated hedging mechanism (Set B) Pending orders t
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Vladislav Andruschenko
4.6 (10)
Universal trading adviser on custom indicators for MetaTrader 5. Builder of strategy. Write the name of your indicator with Arrow and signal buffers, and our EA xCustomEA trades on these signals. You can also use many of our built-in functions. Version for MetaTrader4:  The xCustomEA  version  for MetaTrader 4 terminal The functionality of the universal trading adviser The xCustomEA exactly duplicates all the parameters of our advisor  The X  except one: The xCustomEA  works on a custom indicat
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Vladimir Khlystov
5 (1)
Triangular arbitrage is the simultaneous opening of orders for three currency pairs. The direction of transactions and pairs are selected in such a way that simultaneously open positions insure each other. Due to this, you can open quite large lots, and the risk is low. Triangle options: EURUSD – USDJPY-EURJPY USDCAD-CADCHF-USDCHF EURGBP-GBPUSD-EURUSD AUDUSD – USDCAD-AUDCAD GBPAUD – AUDUSD-GBPUSD The orders that are part of such a triangle are in constant motion. The Expert Advisor analyzes the
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Alexander Kalinkin
5 (4)
NightVision EA MT5  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC M
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Reactor MT5   is a fully automatic Expert Advisor for   Intraday   Trading.  it is   based on  m any indicators . The Expert was tested on the whole available historical period on   EURUSD, GBPUSD, USDCAD, AUDUSD and USDJPY M15  currency pair with exceptional results. You can download the demo and test it yourself. My tests were performed with the real tick date with   99,90% accuracy , actual spread, and additional slippage. The basic strategy starts with Market order in counter trend and tre
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Konstantin Kulikov
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Konstantin Kulikov
3.91 (11)
This system was developed to work with a large number of sets and after a certain time it showed itself well when working at the close of trading on Friday. As a result, this direction of trading became the main one for working with this Expert Advisor. There are 25 actual sets for different currency pairs, as well as a profile for quick setup (download in comments #164). You can analyze the statistics of the Expert Advisor for different currency pairs using my signal. Evaluate statistics on a l
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Filter:
Ardjuna
206
Ardjuna 2021.11.05 14:52 
 

Hi...Traders, this is one of the best expert I have tried so far, I have been testing for months to see how was the strategy works , and how smart the expert in the calculating the market movement before entering the market. The result... ? my balance real account increase significant and always in positive zone... you guys should need to have these experts. the experts have a very good accuracy when deciding to enter the market. In addition, the Author is a really nice man, and he always happy to help if you guys have any problems for the experts.

Anton Goldberg
378
Anton Goldberg 2021.10.06 22:35 
 

Советник работает на все 100%. Разработчик отзывчив к покупателями, что отлично подходит для построения отношений, основанных на доверии. Рекомендую всем данный продукт!!!

gammag
1437
gammag 2021.08.28 14:18 
 

It is a versatile EA with different settings according to needs (night and day trading). Author is professional in contact and gives support.

ow1977mt5
1026
ow1977mt5 2021.07.15 13:49 
 

Not bad.

Markus Feldinger
890
Markus Feldinger 2021.07.04 09:20 
 

Old and rusty. This night scalper needs an update urgently. Not profitable any more. The only setup that used to be profitable, modern multilot, works without Stop Loss! Dangerous. Wait for update.

sobhan kabiryan
130
sobhan kabiryan 2021.06.21 08:40 
 

Hi, I entered the URL, but it still says on the chart, news filter is not use How can I find out if it works properly and its settings are correct and does not miss an opportunity

Konstantin Kulikov
18502
Reply from developer Konstantin Kulikov 2021.06.21 12:09
Hi,
in the parameters of the Expert Advisor, you need to set: Use_NewsFilter = true. Also, please note that it is necessary to use not the default settings, but the recommended sets. (At the beginning of the description of each of my EA, the number of the comment to the EA is indicated, which contains the last settings.) Ask questions in private messages to me or in the comments section of EA.
ANDREI SIMONOV
265
ANDREI SIMONOV 2021.06.14 18:32 
 

FRANKO установил в середине апреля 2021 ! И не жалею, что приобрел этот сов у Константина!!! до сегодняшнего дня показывает хорошую торговлю, не хочу сглазить, поэтому самые важные слова оставлю на конец года 2021 ! Константину хочу пожелать: хороших, грамотных стратегий при создании советников! чтобы не забывал про нас покупателей, потому как мы верим в его успешно созданные советники! Обновления по советникам и сетам от перемены и характера рынка, тоже рады будем видеть;) Спасибо.

Xing Zhihao
1238
Xing Zhihao 2021.03.24 17:24 
 

It fails again , shit hole

flolancer
586
flolancer 2021.03.22 23:49 
 

Franko Scalp is a highly recommended Expert Advisor. It is a universal scalper. It is suitable for beginners as the Author offers a suite of sets that have been developed based on statistics of many brokers and withstood the test of time. It is also suitable to experienced EA traders who want to be able to tweak every details of the strategy and create their own. This is a recommendation for beginners: stick to the recommended sets from the Author. At this date these are the ‘Modern Main’ sets, 4 set files in total — one for each currency pair. As you progress, you have many options to improve your strategy. For example, you can test the various delivered set files for your broker and pick the one that are favourable. You are buying more than the price of the expert!

Xavier Baudez
175
Xavier Baudez 2021.03.04 09:51 
 

I'm very happy about this EA. Frequent updates from Konstantin both on the EA versions and the set files. There is also an open and very active telegram channel where anyone can exchange and contribute. The fact that the author also shares his signals publicly for full transparency is proof of his professionalism.

SimmoSkippy
78
SimmoSkippy 2021.02.27 23:09 
 

This is my 2nd EA from this author I use on MT5, the support makes setup easy, the support from the authors team is fantastic! I had a good few months with this EA, I have taken out my initial investment now I make money with profits so no risk to my initial investment. I would recommend - regular updates and quick responses from telegram channel also! Profitable for me, be sure set up is correct!

18sieben
44
18sieben 2021.02.22 09:06 
 

Solid EA and team behind Kulikov' products. Excellent support at any stage like when u install & setup or having hard times due to not optimal use.

sampat369 sutar
311
sampat369 sutar 2021.02.22 06:36 
 

i have been using ea for sometime and before i started with FS i was using Breakthrough from oct and there was drawdown in December because of US election even though author recommend to pause it i didn't. so all in all the EAs created by Konstantin are different, the strategies are different and this is what I look for when i am buying an ea and the best part is both EAs BT and FS can work together because there trading days don't overlap.

eliluxiaolei
1176
eliluxiaolei 2021.01.20 14:25 
 

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

Sammy Boy
669
Sammy Boy 2020.12.28 15:07 
 

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

Kratoner
746
Kratoner 2020.11.20 15:06 
 

Not bad

Evgeny Mikhaylov
522
Evgeny Mikhaylov 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. Еще хочу отметить отличную поддержку от автора!

fxresults
3697
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.

Chang Po Chung
420
Chang Po Chung 2020.10.31 15:45 
 

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

sasha-nt1
312
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!

KCapital
1152
KCapital 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
18502
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
Ricardo Ciarlo De Meo
665
Ricardo Ciarlo De Meo 2020.10.22 08:22 
 

User didn't leave any comment to the rating

PUI SIU GEOFFREY CHEN
898
PUI SIU GEOFFREY CHEN 2020.10.19 16:33 
 

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

Stephanie Nicole Chavez
1315
Stephanie Nicole Chavez 2020.10.18 14:29 
 

User didn't leave any comment to the rating

Nail Sharipov
325
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.

Evgenii Timoshin
446
Evgenii Timoshin 2020.07.12 10:55 
 

Exact trade deals, good expert.

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!

Plamen Ivanov
1986
Plamen Ivanov 2020.06.13 18:04 
 

User didn't leave any comment to the rating

Fatih Bulut
593
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.

trader
486
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!

Aleksandr Vlasenko
461
Aleksandr Vlasenko 2020.05.08 21:38 
 

Last version of the Frankoscalp is very good!

peronpmt4
1763
peronpmt4 2019.06.06 08:30 
 

Excellent support from author. The best EA!

Adil
455
Adil 2019.05.29 14:24 
 

User didn't leave any comment to the rating

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").