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Konstantin Kulikov  
Two sets of settings are offered.
The opening of transactions they have the same, the only difference is in closing transactions. The "CloseLossDifferentWays" set has variable closure (by indicators, time, Stop Loss), the "CloseLossOnlyBySL" set only by Stop Loss (hidden or real). With the peculiarities of the real conditions of individual brokers, it may be more beneficial to have one or another set. Therefore, I propose to use both sets simultaneously on the same account, i.e. two charts will be opened for each currency pair (nothing needs to be changed in the sets).
Konstantin Kulikov  
Hello,
I will express some of my thoughts.
The price that has now been set for FrankoScalp_MT5 - $360, corresponds to the most common price for FrankoScalp_MT4 for 3 years on the market, so it was set.
Of course, I do not mind making discounts for loyal customers who own FrankoScalp_MT4, but there are too many such customers, so making personal discounts is too difficult. Therefore, I will make a general discount. I made a newsletter for those who left an e-mail on my website www.eafxpro.com. Thus, it can be assumed that most of the interested clients are warned.
The minimum price for FrankoScalp_MT4 was about $200, so it would be fair to set a loyal price of $190 for FrankoScalp_MT5 for the next 2-3 weeks so that all expert fans could use the discount.

We can assume that this is the price exclusively for the services of a programmer, as if you ordered to write a program on an assignment through freelancing for $ 100-200. Which can be both profitable and not, but it performs the declared algorithm. To confirm that FrankoScalp_MT5 corresponds to FrankoScalp_MT4, I’ll give an example of how FrankoScalp_MT5 works under favorable conditions.

This is a Alpari-Demo account, so the broker does NOT interfere.

Immediately I will answer, on the Alpari-Real account now there is no such performance. Just like the real accounts on MT4, the alpari has been deliberately destroying the last two weeks. Therefore, I stop trading on all alpari-ECN accounts, leaving only the signal "FrankoScalp ECN 4 CloseLossOnlyBySL" with a fixed lot of 0.01 for observation.
This is what happened this week on DarWinex:

On this broker, FrankoScalp is trading quite a small plus and a large leverage (1: 200) can be obtained only by professionals (whom they consider to be professionals), therefore this broker will not work for most.

In the forex market, as in other gambling fields, such as online poker, some of the professionals make money on "rebates", so if your account is in tiny profit, it may already be profitable. FrankoScalp is a scalping system, so a trading lot is used quite large (you need to have a leverage of 200 or more), which allows you to have a large trading turnover and earn money on a "rebates". Therefore, when testing new brokers, register through rebate-services, for example, this one: fxcash.net.

Good luck to all users
Konstantin
Qing Dui Meng  
Konstantin Kulikov:
Two sets of settings are offered.
The opening of transactions they have the same, the only difference is in closing transactions. The "CloseLossDifferentWays" set has variable closure (by indicators, time, Stop Loss), the "CloseLossOnlyBySL" set only by Stop Loss (hidden or real). With the peculiarities of the real conditions of individual brokers, it may be more beneficial to have one or another set. Therefore, I propose to use both sets simultaneously on the same account, i.e. two charts will be opened for each currency pair (nothing needs to be changed in the sets).
How do experts install on MT5, and what are the differences between MT4 and MT5
Qing Dui Meng  
Konstantin Kulikov:
Hello,
I will express some of my thoughts.
The price that has now been set for FrankoScalp_MT5 - $360, corresponds to the most common price for FrankoScalp_MT4 for 3 years on the market, so it was set.
Of course, I do not mind making discounts for loyal customers who own FrankoScalp_MT4, but there are too many such customers, so making personal discounts is too difficult. Therefore, I will make a general discount. I made a newsletter for those who left an e-mail on my website www.eafxpro.com. Thus, it can be assumed that most of the interested clients are warned.
The minimum price for FrankoScalp_MT4 was about $200, so it would be fair to set a loyal price of $190 for FrankoScalp_MT5 for the next 2-3 weeks so that all expert fans could use the discount.

We can assume that this is the price exclusively for the services of a programmer, as if you ordered to write a program on an assignment through freelancing for $ 100-200. Which can be both profitable and not, but it performs the declared algorithm. To confirm that FrankoScalp_MT5 corresponds to FrankoScalp_MT4, I’ll give an example of how FrankoScalp_MT5 works under favorable conditions.

This is a Alpari-Demo account, so the broker does NOT interfere.

Immediately I will answer, on the Alpari-Real account now there is no such performance. Just like the real accounts on MT4, the alpari has been deliberately destroying the last two weeks. Therefore, I stop trading on all alpari-ECN accounts, leaving only the signal "FrankoScalp ECN 4 CloseLossOnlyBySL" with a fixed lot of 0.01 for observation.
This is what happened this week on DarWinex:

On this broker, FrankoScalp is trading quite a small plus and a large leverage (1: 200) can be obtained only by professionals (whom they consider to be professionals), therefore this broker will not work for most.

In the forex market, as in other gambling fields, such as online poker, some of the professionals make money on "rebates", so if your account is in tiny profit, it may already be profitable. FrankoScalp is a scalping system, so a trading lot is used quite large (you need to have a leverage of 200 or more), which allows you to have a large trading turnover and earn money on a "rebates". Therefore, when testing new brokers, register through rebate-services, for example, this one: fxcash.net.

Good luck to all users
Konstantin

MT5How does the account use VPS on MQL5

Konstantin Kulikov  
Konstantin Kulikov:
Two sets of settings are offered.
The opening of transactions they have the same, the only difference is in closing transactions. The "CloseLossDifferentWays" set has variable closure (by indicators, time, Stop Loss), the "CloseLossOnlyBySL" set only by Stop Loss (hidden or real). With the peculiarities of the real conditions of individual brokers, it may be more beneficial to have one or another set. Therefore, I propose to use both sets simultaneously on the same account, i.e. two charts will be opened for each currency pair (nothing needs to be changed in the sets).


!! If for some reason you use a netting account, then use only one set of settings (one chart for each currency pair). !!


By setting everything is the same as with MT4, just do not need to specify the news site (this version uses the MQL5 news calendar).


My MT5 terminals work on the same VPS as the MT4 terminals (I did not check the work of the VPS from MQL5).

Adil  

Hello

There is hardly any profit after commissions

Which broker type to choose

Konstantin Kulikov  
diconium:

Hello

There is hardly any profit after commissions

Which broker type to choose

Hello,

I finished writing an expert quite recently, so testing various brokers has not yet been conducted.

peronpmt4  
Konstantin Kulikov:

Hello,

I finished writing an expert quite recently, so testing various brokers has not yet been conducted.

Simply is not good!! Only losses!! Tested on MT5 Alpari, ICM and Pepperstone!!

Konstantin Kulikov  
Hi friends!

Meet the long-awaited update


I re-saved the old "CloseLossDifferentWays" and "CloseLossOnlyBySL" sets for the new version 3.0 so that they work correctly if someone else uses them. Most of them still show a profitable result in the strategy tester, but I no longer know brokers with suitable conditions, so I have not used these sets for a year now.

The rest of the sets that I will give here will work on any broker.

The “New Classic” sets in their meaning are similar to the old sets, but are shifted in time by 1-2 hours ago, which avoids a large spread.
These sets show good statistics over the past year and a half. This is not much, but when I published the expert in 2016, the situation was similar and the patterns persisted for 4 years. Therefore, I included these sets in my portfolio, they may have a chance.

Many wanted to see Martin's options and now they are. I made a few sets ("Multilot") for an example. They are similar to the "FrankoScalp GBPUSD M1" set for the "GridMartin Conqueror" EA. This set seems to me the most productive, so I keep it in my portfolio, I don’t use the rest yet.

Another set of sets - "Modern", in my opinion the most promising. And for lovers of martin-grids, its modification is "ModernMultilot".

I published new signals for monitoring https://www.mql5.com/en/signals/author/test-standart , the names indicate the sets, and the descriptions indicate the size of the trading lot.
Attached back-tests are made in MT5, as this is most accurate. Therefore, I recommend testing in MT5 (FrankoScalp and FrankoScalp_MT5 are identical).
Perhaps some users will add or successfully modify the presented sets over time :) Good luck to us :)

The next 3 days there will be a 50% discount on all experts.
Konstantin Kulikov  
Hello,
I conducted additional testing for the Modern sets.
In the set for EURCHF, I set the opening minute the same as for USDCHF and USDCAD, this reduced the drawdown. I will attach the archive with the changed parameter again.
Take a look at BackTests for 5 years (Money Management: 0.01 lot for 20$ of balance).
CADCHF backtest looks worse, but for the last two and a half years it has been just as productive, and every year it’s getting better.

Test since 2019:

CADCHF

I don’t know if this is a good idea or not, but I decided to take different risks for different pairs:
USDCHF - 0.01 lot for 10$ of balance;
USDCAD - 0.01 lot for 10$ of balance;
EURCHF - 0.01 lot for 15$ of balance;
CADCHF - 0.01 lot for 20$ of balance.

These are aggressive risks, if you want moderate risks, then multiply my values by 2.


P.S. if my work is useful to you, please update your review.
File:
Modern.zip  10 kb
Konstantin Kulikov  

Hi, I added up to $1000 on Franco’s two main accounts after the rebirth. 

I removed the remaining signals from public access mql, since they are experimental and so far I can not recommend them. But if anyone is interested, then you can always go to my profile: myfxbook.com/members/sixth_sense (if any signal there has not been updated for a long time, then you can write to me about it).

Konstantin Kulikov  
Today the speeches of the head of the Fed and therefore the expert according to his settings will not trade. However, I will turn off the news filter in the Expert Advisor for today to possibly open deals. You can do this at your discretion (Use_NewsFilter = true/false).
Konstantin Kulikov  
Konstantin Kulikov:
Today the speeches of the head of the Fed and therefore the expert according to his settings will not trade. However, I will turn off the news filter in the Expert Advisor for today to possibly open deals. You can do this at your discretion (Use_NewsFilter = true/false).

This experience turned out to be successful, so I will turn off the news filter and only turn it on (or turn off the expert) for very important events, such as Trump's speeches and possibly the Fed's interest rate decision.

Fatih Bulut  
Should we turn off the EA for a while because of the events in the US bro? Hope not
Konstantin Kulikov  
Fatih Bulut:
Should we turn off the EA for a while because of the events in the US bro? Hope not

Hi bro, what events are we talking about? In the economic calendar, I do not see any important events.

Fatih Bulut  
Konstantin Kulikov:

Hi bro, what events are we talking about? In the economic calendar, I do not see any important events.

ok ok got it. i meant the riots. 

Konstantin Kulikov  

Testing for "ModernMultilot" sets (with averaging deal). Drawdowns occur less frequently than once a year. And drawdowns of different currency pairs do not coincide in time.

 


For CADCHF in a test of 5 years, there is one fatal drawdown.
File:
ModernMultilot.zip  10 kb
Konstantin Kulikov  

Today is big news, maybe you should refuse to trade today, I will disable the FrankoScalp for today.

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