Market / MetaTrader 5 / Experts /

FrankoScalp MT5

248 USD

Demo downloaded: 3 721

Published: 22 May 2019

Current version: 3.5

FrankoScalp MT5

4.56

Experts
Konstantin Kulikov
Version: 3.5
Updated: 4 December 2021
Activations: 5

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.

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

more...

Video

779

Xinhe Xiang 2021.12.21 08:59 #

★☆★☆★.在 MQL5 购买的众多主流 EA 中，好评五星级。兴趣交流腾讯微信（同号）QQ=917552750。★☆★☆★

207

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.

398

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!!!

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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

595 USD

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

489 USD

General description; This EA is made to be used in the Gold market. It's made for trading Gold in mind. This Trading Robot is based on more than 14 years of winning patterns and will open trades by the minute, 24 hours a day. It will handle everything, from opening positions, closing them, managing risk. Features; - Timeframe-Less Expert Advisor that works by the second and recalculate everything with whichever situation that might exist. - Dynamic market watcher that adjust itself to cope

4 999 USD

An automated trading system with smart entry/exit algorithms that uses grid and martingale techniques to maximize profits. The expert has monitoring with a long history for many months, since this system, like all my other experts, is focused on long-term growth: https://www.mql5.com/en/signals/author/test-standart The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download sets in comment #67: https://www.mql5.com/en/market/product/32758#!tab=comments&page=4&comment=24554

197 USD

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. Purchase details When you buy an expert, you get it forever (all

248 USD

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 #168). You can analyze the statistics of the Expert Advisor for different currency pairs using my signal. Evaluate statistics on a l

222 USD

An automated trading system with smart entry/exit algorithms that uses grid and martingale techniques to maximize profits. The expert has monitoring with a long history for many months, since this system, like all my other experts, is focused on long-term growth: https://www.mql5.com/en/signals/author/test-standart The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download sets in comment #17: https://www.mql5.com/en/market/product/64329#!tab=comments&page=1&comment=24553

197 USD

The expert trades at the opening of the market after the weekend, focusing on the price gap (GAP). Already developed sets are in the comments. At the same time, various options are available in the expert settings, allowing you to create your own unique sets yourself. Last sets in comment #42 . Currency pairs for which the sets have been developed: GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, GBPJPY. The

117 USD

The utility places virtual (hidden from your broker) 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_sym

30 USD

The expert trades at the opening of the market after the weekend, focusing on the price gap (GAP). Already developed sets are in the comments. At the same time, various options are available in the expert settings, allowing you to create your own unique sets yourself. Last sets in comment #27 . Currency pairs for which the sets have been developed: GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, GBPCHF, GBPJPY. The

117 USD

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 #22). You can analyze the statistics of the Expert Advisor for different currency pairs using my signal. Evaluate statistics on a li

222 USD

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 false

30 USD

This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. This strategy do not contain grid and martingale elements. I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account: https://www.mql5.com/en/signals/395124 . Therefore, as an alternative or addition to t

197 USD

Tracking positions using trailing on the Parabolic SAR indicator. 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 false , posi

FREE

The utility places stop loss and take profit for opened orders. It is necessary to allow automated trading in the terminal settings. Parameters magic - magic number. If less than 0, orders with any magic number are processed. only_this_symbol - only chart symbol. If false , orders of any symbols are processed. Take_Profit - take profit (TP). If the value is less than 0, then TP does not change. If the value equal to 0, TP is nullified (removed); Stop_Loss - stop loss (SL). If the value is less t

FREE

30 USD

FREE

This utility allows to record the spread value to the file, which is equal to or greater than the value specified in the settings, at the specified time. The utility also displays useful information on the symbol's chart: current spread value in points, name of account holder, name of trading server, leverage, the size of the swap for buy orders, the size of the swap for sell orders, day of the week for accruing triple swap, the size of a point in the quote currency, the minimum allowed level of

FREE

30 USD

197 USD

Filter:

779

Xinhe Xiang 2021.12.21 08:59 #

★☆★☆★.在 MQL5 购买的众多主流 EA 中，好评五星级。兴趣交流腾讯微信（同号）QQ=917552750。★☆★☆★

207

Ardjuna 2021.11.05 14:52 #

398

Anton Goldberg 2021.10.06 22:35 #

1462

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.

1063

ow1977mt5 2021.07.15 13:49 #

Not bad.

930

Markus Feldinger 2021.07.04 09:20 #

Old and rusty. This night scalper needs an update urgently. Not profitable any more. The one setup that used to be highly profitable, "Modern Multilot", works without Stop Loss! Dangerous. His corresponding Frankoscalp Modern Multilot signal just blew up (30-11-2021) by some covid-19 news. Covid News are a tough call, sure, but that's exactly why you should always have a SL. Wait for update.

Mr. Kulikov is a great developer, check out his GridMartin Conqueror MT5, it's really amazing, but this one, Frankoscalp, he's not working on it any more.

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

19070

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.

266

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.

1238

Xing Zhihao 2021.03.24 17:24 #

It fails again , shit hole

656

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!

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.

131

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 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.

313

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.

1195

eliluxiaolei 2021.01.20 14:25 #

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

669

Sammy Boy 2020.12.28 15:07 #

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

787

Kratoner 2020.11.20 15:06 #

Not bad

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!

3805

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.

460

Chang Po Chung 2020.10.31 15:45 #

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

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!

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

19070

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

665

Ricardo Ciarlo De Meo 2020.10.22 08:22 #

User didn't leave any comment to the rating

920

PUI SIU GEOFFREY CHEN 2020.10.19 16:33 #

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

1332

Stephanie Nicole Chavez 2020.10.18 14:29 #

User didn't leave any comment to the rating

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.

445

Evgenii Timoshin 2020.07.12 10:55 #

Exact trade deals, good expert.

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!

1996

Plamen Ivanov 2020.06.13 18:04 #

User didn't leave any comment to the rating

592

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.

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!

462

Aleksandr Vlasenko 2020.05.08 21:38 #

User didn't leave any comment to the rating

1783

peronpmt4 2019.06.06 08:30 #

Excellent support from author. The best EA!

461

Adil 2019.05.29 14:24 #

User didn't leave any comment to the rating

Version 3.5 2021.12.04

◾Total_first_deals_of_line_magics_for_one_symbol - the maximum number of open positions for the current symbol with magic numbers from "Line_Magics"; valid for values greater than 0; this parameter limits the opening of the first position and does not limit the opening of averaging positions.
◾Total_first_deals_of_line_magics_for_all_symbols - the maximum number of open positions for all symbols with magic numbers from "Line_Magics"; valid for values greater than 0; this parameter limits the opening of the first position and does not limit the opening of averaging positions.
◾Line_Magics - line of magic numbers of positions; if empty, then the number of open positions is calculated for all (any) magic numbers.

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").