Market / MetaTrader 5 / Experts /

Frankenstein

50 USD

Demo downloaded: 81

Published: 19 May 2022

Current version: 5.5

Frankenstein

Experts
Aleksei Grebenkin
Version: 5.5
Updated: 1 August 2024
Activations: 10

Multifunctional universal trading system. Suitable for all Forex and Crypto markets.

.set files are updated weekly, published on our site.
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Frankenstein.ex5[with GUI], provides with graphical interface for TS_DayTrader Trading System.
Features an extensive array of tools for manual and automated trading.
For optimization capabilities, see Frank.ex5[FOR OPTIMIZATION] - version for the MT5 Tester.
Both Frankenstein.ex5 and Frank.ex5 have automatic trading capabilities.
Parameters(.set files) for Frank.ex5 and Frankenstein.ex5 are interchangeable.

The Trading System identifies trend movements, reversals and continuations,
tracks horizontal channels, formed by levels of support and resistance(Key Levels), and channel breakouts.
Frankenstein's trading strategy is based on Key Levels coupled with pattern recognition algorithms
looking for 10 classes of patterns - DD, DB, SD, SB, RB, RD, SSD, SSB, BSB, MSB.
These 10 patterns identify trading entry points.

8 patterns are candle-based patterns tracking specific bursts of volatility.
Once 'triggered' by an active Test Level in the predefined by input parameters environment they produce a signal that is
later processed by a number of TA filters.

2 patterns - BSB and MSB - based on 'Start Bar' signal identified within a Profit Region following a Key Level puncture.
The signals produced by these two patterns are later processed by TA filters as well.

The Trading System features multiple TA tools:

    - Fractals
    - RSI divergences
    - Trailing system based on Bollinger Bands
    - Technical Pocket(ATR)
    - Test Levels
    - Position Manager
    - TradingTime Manager

Frankenstein combines these techniques with multiple built-in safety components
(such as: Balance, Equity, Spread, Slippage, Volume, Positions checks)
to form a coherent trading strategy. EA can be quickly deployed on any machine
even by an inexperienced user with little trading skills.

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Manual Trading Mode makes it possible to manually open positions within the Frankenstein EA
trading strategy and use the EA's tools with those positions: Trailing SL and Position Manager.
Automatic risk management makes it a job of two clicks to open a position manually - just click "Manual" and then "Buy".

For purposes of independent audit and analysis there's a "DATABASE" block of parameters
providing with an option to output the trading history to the .csv or .txt file.
Each unique instance of Frankenstein EA keeps track of its own trading statistics.
This data can be displayed in the chart window next to EA's controls. Use of unique MAGIC numbers
allows maintaining trading statistics independently for each Frankenstein running.

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We host a local optimization farm. Working 24/7, it automatically performs optimization of agents, and the results are published weekly.

Download latest .set files, including up-to-date configurations for the Forex and Crypto markets.

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-- About:
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Developed by a fellow team of traders/coders with over a dozen years of cumulative experience.
The trading strategy was tested in real market conditions and proven to be profitable over the years
which has lead to the development of the first version of Frankenstein.

---

Author: Alexey Grebyonkin[RU],
Main Software Engineer: Viktor Kokotin[RU]

Frankenstein 5.05, released on Jul 31 2024.

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iFrankenstein - an essential part of TS_DayTrader trading system( Frank.ex5 / FrankPro.ex5 / Frankenstein.ex5 ). The indicator provides with 10 pattern-based signals. For each of the 10 patterns there's a number of internal indicators and filters used: Fractals KeyLevels RSI Divergences BollingerBands ATR Technical Pocket Pattern-specific volatility filters The first 30 buffers of the indicator export a signal that consists of TakeProfit, StopLoss, Price values, for each of the

30 USD

Indicator iPatterns.ex5 detects 8 different classes of volatility patterns. DD, SD, RD, SSD are the so-called "bottoms". DV, SV, RV, SSV are "peaks". User can set up an Alert to be notified about a new pattern detected. Parameters 'Pattern maximal height' and 'Pattern minimal height' work as filters. 'iBB period' and 'iBB deviation' parameters regulate performance of BollingerBands indicator - it provides one of the signals forming already mentioned above 8 patterns. iPatter

50 USD

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Version 5.5 2024.08.01

Some minor bugs fixed.

New parameter: IP_symbols_postfix - Append postfix to symbols' names (rfd for EURRUBrfd)

The system was tested on RoboForex, AvaTrade, Alfa-Forex accounts, USD and RUB.

Version 5.3 2024.06.26

5.03 version, the latest. .set files are fully compatible with FrankPro 5, Frankenstein 5 series of EAs.

Meet Virtual Trading - the EA now trades also in VIRTUAL mode.

Don't spend money, now you can test strategy on-line for free -
the EA will place "virtual orders" instead of real ones and calculate the profit.

Click on "Stats" and see the "Virtual Trading" parameter.

Version 4.53 2022.08.16

--- Version 4.53 Build 0001 - stable?

Parameter 'Slippage' now is a ulong.
Parameter IP_Slippage_SIG_value // Slippage: use teSIG value for the first try
Telemetry(in "Experts") for the position calculation, before and after
Changes in description to better satisfy MQL5 Market Rules of Service
Prioritization of "Deal open" for telegram
iRSI version for Market
iRSI_Div version for Market

Version 4.52 2022.07.30

Changes since 4.5:

--- Version 4.52 Build 0005 - stable

Parameter DATAB_CSV_expand "Use *.sqlite and SSD/HDD(additional info)"
New column in DB: Divergences

--- Version 4.52 Build 0004 - stable

FrankEditorBars: Choose TF option
Franken: LWV with controls and manual
Frankenstein logo in the right lower corner of the chart window
BUG fixed: deals were opening with Advisor Mode = true

--- Version 4.52 Build 0003 - stable

PreInputNewPrice:init teSIG teSL teTP with 0's(cured a bug on higher TFs)

--- Version 4.52 Build 0002 - stable

Parameter IP_Append_Spread_TP for correcting TP for BUY positions

--- Version 4.52 Build 0001 - stable

Checking for active iFrank in chart window before the initialization sequence.

--- Version 4.51 Build 0001 - stable

Telegram functionality for 4 channels(in a private version only for VIP customers)