It is an EA with a high level of accuracy, however it must be money management follow suggest.
FrankoScalp
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: #2009
🛑 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 EA, 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 4 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.
As the expert uses multiple timeframes for the analysis, it is necessary for the quotes of all timeframes (M1, M15, M30, H1, H4) to be downloaded in the terminal for testing. At the same time, the test itself is produced 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/695169
Vídeo
Comentários 112
Chinnawat Preedakittipat
2020.11.09 02:30
#
Guilai Zhang
2020.11.04 01:55
#
This is one of the best EA in the market, I used it for more than one year and got good profit.
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Neural breakout EA
Detailed backtest reports: https://drive.google.com/drive/folders/1TqbwqyUSU_m0oNyZk34nNQHxHWoThXxh?usp=sharing
What is neural breakout ea? Neural breakout ea is an advanced fractals breakout strategy with the neural network to predict market moves with high accuracy, combined with a smart averaging system. Neural breakout EA is tested on all released pairs for more then 10+ years including COVID-19 period and has been stable at all times. This is a proven strategy to provide long term accoun
1 249 USD
ProFx MT4
FxPro Expert Advisor is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Antlia
An expert of a new type Antlia was created - it works using sharp tick movements. The uniqueness of the expert is that it can be launched on any hour period, any currency pair, and on the server of any broker. What makes the expert attractive enough to use for trading. It is recommended to work on liquid forex pairs with a low spread. The lower the commission and the spread, the greater the profit. You can start using it with $ 100 and a lot of 0.01. A small initial deposit also contributes to
990 USD
GerFX Forex Cyborg
Forex Cyborg is a established expert advisor since 2017 on the market. There is a huge number of customers that trust in Forex Cyborg already and now it's newly available here on the MQL Store. Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability. 2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) An
650 USD
Theorem
Theorem EA Analyzes the market and auto determines the entry levels based on the finding of price fluctuations in quiet periods. The direction of the trade is determined by the EA's clever adaptive system. The most powerful part of the EA is the Smart Auto-Close function that has been developed after many years of market experience, it tracks TP/SL breakouts of the open trades and auto-closes them according to market conditions, this means that the TP/SL levels are dynamic and not static. Above
500 USD
ZeryEA
ZeryEA is a fully automated Expert Advisor based on scalping when indicated the market makes a fast movement. EA can work with any pairs, but It is recommended for GBP/USD, EUR/USD, EUR/JPY with M1.
Expert Advantages NO: Grid, martingale, hedge & arbitrage. YES: Stop loss is always for every orders. LOW: Average position holding time. MIN: Drawdown, initial deposit.
Parameters Auto lot enable (true/false): Auto lots calculate on margin account. Risk percent: when enable auto lot. Fix Lot Min
30 000 USD
Adaptive Force
The adviser algorithm is based on the search for a certain market condition in which the gain, from predicting the further price movement, gets a mathematical advantage. Market data processing uses an adaptive algorithm. Signal: https://www.mql5.com/en/signals/742904 Sets are in the "Comments" section comments #1. Main Advantages Starting deposit from $ 100; Designer of unique strategies; Adaptive algorithm; Multilevel model of a quantum set; No need to turn off during news; Works on 4 and 5 di
499 USD
Miner Parafly
【Please do not believe in Backtesting result , Testing version is different parameter from real version】
EA Miner Parafly is an Expert Advisor with a great diversification of operations and different systems working in multi pairs and different timeframes . It will start with Scalping Strategy . Based on the first pending orders ,the following protection orders with no hedge, martingale, grid or any other type of dangerous practices are used, such as not closing failed operations. All of the o
499 USD
Mais do autor
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_AUT
497 USD
Breakthrough Strategy
This system was developed to work with a large number of sets and after a certain time showed itself well when working at the close of trading on Friday. As a result, this direction of trading has become the main one for working with this expert. There are 25 current sets for different currency pairs, as well as a profile for quick setup (download in comment #156 ). You can analyze the statistics of the work of an expert for different currency pairs at my signal: https://www.mql5.com/en/sign
397 USD
Breakthrough Strategy MT5
A copy of the "Breakthrough Strategy" Expert Advisor (monitoring: https://www.mql5.com/en/signals/395124 ). Settings for EA, as in a signal, and instructions can be downloaded in the comment #12 🛑 Telegram channel with news: https://t.me/EAFXPRO 🛑 Telegram group for questions and discussion: https://t.me/EAFXPRO_chat
Highlights to pay attention to During live operation of the expert the GMT offset parameter is determined automatically based on local time of the computer (GMT_Offset_A
397 USD
Virtual Trailing SL TP
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_sy
30 USD
GridMartin Conqueror
Thrilling expert which seeks how to win. In this it is maintained by the options: grid, averaging, martingale.
The EA has a set of trading strategies for opening trades of your choice (parameter: Select_Enter_Signal). Actual sets in comment #52 : https://www.mql5.com/en/market/product/32758#!tab=comments&page=3&comment=19220135 . 🛑 Telegram channel with news: https://t.me/EAFXPRO 🛑 Telegram group for questions and discussion: https://t.me/EAFXPRO_chat
Parameters Select_Enter_Signa
197 USD
Good Monday
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. All parameters are described in the blog: https://www.mql5.com/en/blogs/post/737064 . Last sets in comment #26 .
Sets optimization was carried out in the MetaTrader5 strategy tester, since there quotes have a floating spre
197 USD
Friday Monday MT5
This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. 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 the "Breakthrough Strategy" I created this Expert Advisor "F
297 USD
Friday Monday
This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. 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 the "Breakthrough Strategy" I created this Expert Adviso
297 USD
Good Monday MT5
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. All parameters are described in the blog: https://www.mql5.com/en/blogs/post/737064 . Last sets in comment #18 . The expert works the same on any timeframe, as it automatically takes the necessary data from multiple timefram
197 USD
Spread Record
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
Trailing by SAR MT5
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
Trailing by SAR
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
Modify Order SL TP
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
Trailing and SL TP
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
Virtual Trailing SL TP MT5
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
Trailing and SL TP MT5
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
Filtro:
Real trades and backtesting results are not same.
too expensive for the expected result
mashkov1989
2016.10.18 11:13
#
сделал за месяц +5% к счету, по тестору за этот же период должно было получиться +27% по этому 4 звездочки , а так работает, советую.
Единственное была бы аренда по меньше было-бы более привлекательно из-за этого тоже 4 звездочки)))
FrancoScalp is amongst the best EA's in the Market. I rented for a month but have since purchased the EA. Used with a wisely chosen broker and USDCHF as the primary symbol it creates consistent positive results.
I understand that EURCHF and USDCHF compliment each other, it will be interesting to see how they perform. since September I have 100% win rates with USDCHF symbol on all my best brokers.
Thank you to Konstantin, who has been extremely supportive.
This Ea only work with small lot size. If you try lot bigger than 1 you will face slippage. This is becouse it trades in asian session and in pairs with low liquidity.
Marcelo Pereira De Carvalho
2016.11.03 21:04
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I am very pleased with the EA. Konstantin Kulikov is really doing a great job. I have tested many EA's and this is certainly the best and the only one I'm using with consistent gains.
jinhee Lee
2016.11.10 15:50
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I'm still testing on demo account. It works good so far.
Update: 11.10 I am currently using this ea on both of real and demo and found the results seem almost same. I got 5% profit this morning at default 1.6 risk with it.
Samuel Huang
2016.11.18 22:18
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EA going through rough period, but overall gains still decent.
Keeping it at 4 stars for now.
First Months -11%, second Months -10%, i tested this EA on 2 Broker and no one worked on it.
Ayaz Ahmed
2016.12.12 01:32
#
Real trades and backtesting results are not same. I do not want to give 1 start but that is the minimum i can give !!
Mikhail Rozhkov
2016.12.22 18:10
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Очень хороший и прибыльный советник! Очень точные точки входа, и умный режим закрытия сделок, делают своё дело! Депозит растет уверенно. Автор очень хороший и отзывчивый человек! Всегда помогает советами, с настройками подсказывает, постоянно модифицирует данного советника, так как он сам пользуется своей разработкой и в его интересах улучшать советника! Сигналы опубликованные автором, соответствуют действительности, т.к. сравнивал свою торговлю и его сигналы, всё совпадает с точностью 100%. Конечно многое зависит от брокера, так что читайте внимательнее рекомендации и слушайтесь советов автора! Да прибудет с Вами Профит! Моя оценка 5 звезд, было бы 10,поставил 10!
Evgenii Timoshin
2017.01.30 16:01
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Советник показывает результаты такие же как на тестировании. Все сделки открываются вплоть до пипса, все зависит от брокера. Те кто пишет, что эксперт не работает, тот безграмотный человек. Так как, не разобравшись в тонкостях работы советника, пишут отрицательные мнения. Если придерживаться рекомендациям разработчика, соблюдать условия использования советника, то прибыль гарантирована !!!
Italo Martins da Cruz
2017.02.16 18:25
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Tenho usado o EA em minha conta e tenho resultados positivos,constantes e o principal com DD baixo. Começarei em Tradersway e estou otimista em ter bons resultados. Parabéns Konstantin pelo bom produto.
Very good EA. I'm runnig it on AUTOMATIC_PARAMETERS=enable. Results are same as signal provided by developer.
burak bahadir
2017.03.28 01:24
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Great so far! Still testing..
This function is great! - " Improved the additional algorithm for closing transactions "use_Close_Analysis_Time=true". "
I am running with the settings below-
2 pairs- eurchf / usdchf
AUTOMATIC_PARAMETERS=enable
Aggressive mode=on
Andrey Boyko
2017.05.05 20:10
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Советник стабильно зарабатывает с приемлемыми просадками. Не грааль конечно но своих денег стоит. Автор отвечает на вопросы и постоянно обновляет советник. В целом впечатление хорошее за пол-года использования. Не пожалел что купил.
I have been buying for up to 6 months, testing different brokers, so far, different brokers will behave very differently, but the trend is profitable. Thank you very much for the author's contribution to us.
Every time the communication is very timely, I found the problem, the author will soon upgrade the 1.8 version to 1.9 version,
Now I have found the right broker, earning more than 10% per month, my signal can be shared to everyone
https://www.mql5.com/en/signals/293409
Giuseppe888
2017.05.30 20:02
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This EA is like a song: That's the way I like it.
update: The song is over. Don't give up Konstantin !!! Let us dream again !!!
This EA is a contrarian night trade with stop loss very wide, handle with care.
So, the gain of weeks are burn in one night, One Night in Bangkok ... Not much between despair and ecstasy
Sergej Eliseev
2017.06.16 23:53
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Это лучший ночной скальпер из всех, что я использовал! Абсолютная находка для искушённых скальперов. Автор все хорошо продумал и реализовал много настроек, которые позволяют каждому использовать софт по своему пониманию. Хочу отметить, что для успешной работы этим софтом нужно немного знать нюансы ночного скальпинга и соблюдать меры предосторожности, следя за политэкономическими новостями. Тогда и будет успех. Константин, благодарю за отличный советник!
Mohammad Shaban
2017.08.17 07:59
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update 17/8/2017 : ok, my last comment was not fair as i was upset with pig losses franko scalper made for me after long time of profits because losses wiped out many weeks of profits, thanks to smart trump, I need to be fair and say this EA is well made and well crafted, author is professional and give good support and constant imrpove of his EA, the only bad thing about this EA is risk to reward ratio which is something like 10:1 !! , so if you run in very bad day you could lose 10 or 20 days profits! , so after long use of this EA on my real account I recommend the following:
1. Risk always not more than 1% (less is better) dont be greedy, you will regret it when you run in to bad days.
2. tight spread and real ECN broker is a must (I use icmarkets, and author use tickmell and alpari, tradersway)
3. Very reliable VPS service with latency not more than 2ms , i use forexvps.net.
wish you all profitable life with forex. (I just wish the author improve risk to reward ratio, ti will be my dream)
20/5/2017: worst expert ever, dont recommend to buy it, after more than 5 months of using it on real account ecn icmarket, losses take all profits and more, no good
Ilnur Shakirov
2017.09.08 21:13
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Советник имеет хорошую проверенную временем стратегию и простые настройки. Результаты просто впечатляют на реальном счете.
Хорошая поддержка, практически всегда на связи, помогает с любой мелочью.
Надеюсь этот советник будет еще долго меня радовать.
Рекомендую.
Mayor Interfax
2017.09.28 20:07
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Советник работает прекрасно. Автор очень отзывчивый человек, отвечает на вопросы и идет навстречу. Тестов никаких я не проводил, запустил сразу в торговлю на фиксированном спреде.
1. Старт с малым депозитом.
2. Осторожность робота.
3. Учитывается фактор новостей.
4. Готов к старту сразу, можно в настройках не копошиться.
В целом все очень хорошо, но иногда, если что-то идет не так лучше обратиться за помощью к автору. Также внимательно выбирайте брокера, у многих ночью расширяются спреды вплоть до 10 пунктов. А брокеры об этом не предупреждают.
Adam Goman
2017.10.12 15:24
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Ни чего плохого говорить не хочется, автор молодец, но советник свое отжил, перестал им пользоваться так как не торгует, нет сделок, наверняка из аз ночного спреда. П.С. Как только на рынке появляется закономерность ее тут же убивают советники.
Sanga Chotikapakorn
2017.10.27 02:52
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After use it for more than 3 months, NO PROFIT, ONLY LOSS!!!
Broker : IC MARKET
Melina Ayelen
2017.11.15 13:09
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Just see the solid author signals performance. Appreciate the many updates and parameters EA have. I've been using this EA since 2016. 2 years and I never seen a better one. Don't n expect 52468 trades per day. This is accurate and waits for the moment to enter the market. With patient, deposit grows. That's the important thing! Thanks Konstantin. Honest guy.
One of the best Night Scalpers. I'm using it for more than a year and it is generating good profit for me. It is helpful to watch out for news events during trading times and disconnect ea if necessary. Presently I'm using it on EURCHF, USDCHF, CADCHF (lowest drawdown), and EURGBP (high drawdown).
Leong Teng How
2018.01.09 15:32
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update comment. use default setting have some win, still in monitor
Frankoscalp is the best EA! Well traded on real accounts. Konstantin quickly helped me solve my problem.
Thank you!
пустышка, за неделю ни одной сделки, и одной звезды жалко, ещё раз убеждаюсь чем больше нахваливают тем хуже продукт.
Mathews Achankunju
2018.02.27 23:10
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Thank you Konstantin Kulikov for being kind and helpful.
02/28/2018 Using EA on TradersWay FIX (Signal 2 pair Aggressive with Mon) and Alpari-Cent(Signal Nano test 2 settings). Will update about performance after a month.
Valter Oliveira
2018.03.08 00:21
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The seller gives good support by quickly answering any questions about the product.
Considering the divergences in previous reviews, I believe that the type of account or broker may have influence on the performance of the EA.
I rented the FrankoScalp EA for one month for evaluation.
EA will only work on selected broker which is the one the developer use. If you're using another broker, it will be very difficult to be profitable. I used 3 different brokers, and EA only lost money. Scalping is very much broker sensitive. Broker used: AXI, Alpari, IC market = Not working.
Jianhui Jia
2018.04.16 06:00
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This EA can do conditional selection of good market, can get satisfactory returns, DD is relatively small, has been purchased and run for a few days, and now it looks quite satisfactory. Thanks for this great EA
Victor Gangan
2018.09.17 22:06
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Здравствуйте.
Советник, действительно, рабочий. Купил его 23 августа, на сегодняшний день добавил почти 8 долларов к начальному депозиту в 50 долларов. Наверняка до конца месяца прибыль составит более 10 долларов: по-моему, очень неплохо:– от 20% за месяц!!! И это я еще только начал экспериментировать с настройками – пока советник работает на минимальных оборотах.. Кстати, по поводу брокеров. Из тех, что рекомендует автор, у меня счета пока у двух – Nord FX и Alpari (этот запущен позже), автор рекомендует для диверсификации открыть и у третьего из рекомендованных брокеров.. Так вот, третий, но другой, «нарисовался» сам, случайно: у меня был небольшой счет на Tiсkmill, решил испытать советника – работает. Открывает сделки, правда реже. В общем, всем удачных экспериментов и торговли!!!
JAROMIR KISON
2018.12.04 14:50
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EA is only working with a fixed spread account, that means that it only works with a very limited amount of brokers. AND all fixed spread brokers are market makers.No ECN/STP accounts possible. EA is working best with Alpari Nanao account, but you cannot make money with a cent account.
Therefore my findings are that this EA is working, but useless.
Alexander Sinner
2018.12.08 20:05
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für $290 gekauft. Der EA handelt nicht bis kaum. Geringer Verlust ist entstanden. Für einen EA der $290 kostet ein absoluter Reinfall. Nicht zu empfehlen. 0 Sterne!
bought for $ 290. The EA is not barely. Little loss has arisen. For an EA of $ 290 costs an absolute flop. Not recommendable. Zero stars!
Antonio Martinez
2018.11.29 18:29
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Habe Frankoscalp für einen Monat (30$) gemietet um zu sehen ob sich ein Kauf lohnen könnte. Die erste Woche ist morgen vorbei, und die EA hat bis jetzt gar nichts getradet.
1 Stern, weil 30$ am Tag für so wenige Trades einfach zu viel ist - und weil der Verkäufer den Preis jetzt auf 50$ erhöht hat. Natürlich passe ich es an wenn ich mehr von der EA sehe!
Nachtrag: Es bleibt dabei, diese EA hat bei mir in einem Monat Miete nichts (0) gemacht. Sei es wegen ..... warum auch immer. Nichts!
Adam Moosa
2019.01.03 17:54
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I am not sure whether this is a good or bad EA. I can't make a judgement, But I have tested this EA simultaneously with Alpari Nano (Fixed Spread) and IC Markets True ECN account. As per my experience, Alpari account was growing while IC Markets account is losing. Not satisfied at all. But I appreciate developer's effort to make this EA better and better.
Ievgen Alantiev
2019.01.10 04:09
#
Пока работает, поддержка хорошая, претензий никаких. Надо время для более достоверных данных.
Mohammad Roshan
2018.12.02 07:54
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I set it on my ecn account. its really amazing & profitable.
The Ea works really good on Nano Account too. Excellent Support by developer,
if there is unlimited rating. i gavie this ea 1 milion stars to FrankoScakp.
Thanks to you Konstantin Kulikov.
Cunsheng Cao
2019.01.27 04:04
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For now 5 stars! Works very well on alpari ECN, but need some improve on other ecn borkers.
John Brennan
2019.01.27 09:34
#
Last year I paid $290 for this EA and at the time it would not work with my broker. However, since then we have seen some major improvements which now means it will now work with my preferred brokers Activtrades and Tickmill and not just Alpari who keep rejecting my applications. Heres hoping further improves will keep on coming as I really like Franko now
Mervin Zkani
2019.02.10 23:11
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very poor support and risk management
This ea is so dangerous and have no proper stop loss
Very low reliability.
Small gains vs huge losses
Money loosing machine!!!!
MichaelPuett
2019.02.15 19:23
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This is the best EA I have used. Period.
Word of advice is to check your spreads - the EA will do very well if you can get tight spreads. Since it is trading around 5PM EST all the spreads will be large so look for CHF pairs with tight spreads.
Vallyloonsy
2019.02.13 11:06
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I've lost 3/4 of my deposit on 11th of Feb, SL hadn't worked correctly on ECN acc.
Iury Mendes Da Silva
2019.02.13 13:55
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Guys, we got big losses in the last two weeks. But this happens, Indeed, many night scalpers got losses in the last two weeks, probably because China markets were closed. FS is a good EA, and signals prove this. There is not a holy grail in forex, or everone would be rich. And, if you are greedy, using 3 or 4 times the recomended lot, you will probably blow your accounts. I almost blowed one of mine, but I know that this happend because I was greedy. So, 5 stars for the excellent work.
Hussain Sajwani
2019.02.11 17:32
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This EA will give profit then one day it will blow out your account. check comments on 2019.02.11 what happened to all who bought this EA. Also, check my comment with picture from my real account what happened to it.
Hefajatur Rahman
2019.04.01 06:57
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runiing last 1 week...
why the EA backtest good result but in real acc always faced loss in eurchf and usdchf
runnung default setting and last i made hide sl and tp to 60 and 32
same result...loss
Anton Kochyn
2019.04.01 18:12
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Отличный советник! Стабильный не требует много нервов и нет больших просадок. При грамотном использовании не только стабильно приносит доход но и очень хорошо зарабатывает. На данный момент считаю лучшим что есть на этом ресурсе!
Dmitry Voyko
2019.04.18 14:08
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Автор, обладающий незаурядным умом воплотил свои идеи в прекрасный инструмент биржевой торговли! Моя искренняя благодарность
I have more than 4 years testing different EAs in mql5 site. All I will say about Frankoscalp is that is the only one I keep using. So... Results talk more than words.
Do not expect the holy grail. But its a good one.
And also I think Konstantin is the most pacient and honest programmer that I know so far.
Thanks a lot to Konstantin for this EA, Thanks a lot for great bot and great support. Best EA in the world.
Update: 6/19
Recently, it takes wrong position, i think it needs huge update to match with today's market condition.
At this time do not recommend unless author fix it.
Oleg Skvortsov
2019.06.11 16:16
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Приобрел советника 3 месяца назад. В первый месяц заработал порядка 30% от депо с немного завышенным риском. С 12 мая он перестал вообще работать и принес убытка в районе 50% от депо с тем же риском.((. После разбирательств с брокером(Альпари) выяснилось, что они поменяли поставщика ликвидности с 12 мая.
После советник перестал зарабатывать вообще! Сейчас торговля на нем полностью приостановлена. Нет подходящего брокера. Система должна работать на разных брокерах и в разных рыночных условиях. Красная цена ему 30 долларов от силы!
Походу, советник можно выкидывать - все лето сплошной слив, Константин от обсуждения самоустранился...
Johan Olwage
2019.11.03 10:30
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I have traded with this EA LIVE for the year 2019 to date, 1st November. Performance was disappointing. It won a little on USD/CAD, lost a lot on USD/CHF and flat on EUR/CHF with recommended set files. Sorry, but I can only rate this 2 star as maybe it may find a way to perform again with re-tests and new set files.
Mikhail Ryzhachenko
2018.08.21 08:12
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Добрый день! Давно хотел оставить отзыв, но моё мнение немного поменялось в хорошую сторону. В начале моего пользования данного советника случился печальный опыт работы с другими брокерами. Оказалось, что почти никто из брокеров не подходит, кроме счетов Альпари-нано (где ведется мониторинг автора), но к сожалению на этих счетах есть ограничение по лоту, поэтому приходится довольствоваться небольшой, но всё же прибылью. Поэтому система рабочая, но с ограничениями. Автору респект!
Поменял на 5****, т.к. продукт обновляется и появились новые возможности торговли с другими валютными парами.
Поменял на 3***, т.к. альпари поменял правила и советник не торгует(
Поменял на 4*, вышла новая версия, пробуем торговать.
Plamen Ivanov
2018.04.27 10:34
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Awesome results with Modern set since the last update. Great support, great price, great EA :)
Frankoscalp is one of the most profitable (and old) EA here on mql5 but now is completely renewed because it was not more profitable. Now it's super again, 99% of trades are closed in profit. Drawdown is quite low and Konstantin is a good person. P.S: now mt4 version of the EA is 100% identical to MT5 version.
The author Konstantin is an honest person I trust him and I use Franko in my real money account. It is a profitable EA and hopes it will continue. Thank you Konstantin.
Zeno Harald Koepf
2020.10.01 06:59
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Konstantin is the honest Person, the ea looks good, keep up the good Work
Xing Zhihao
2020.10.03 11:29
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I bought it in 2017 , and I will review it 5 stars now , author continues update it for these years , trustworthy!
Imtiaz Chowdhury
2020.10.14 12:54
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Bought back in 2017 as well, and great continous support and development from the author over the years means top notch!
Guilai Zhang
2020.11.04 01:55
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This is one of the best EA in the market, I used it for more than one year and got good profit.
2020.11.07 11:20
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You have only been using the EA for a couple of days and right during the US elections, when everyone has disabled auto trading for these days. Such reviews cannot be left! Please do not leave reviews if you have been using an expert for less than a couple of weeks.
Chinnawat Preedakittipat
2020.11.09 02:30
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It is an EA with a high level of accuracy, however it must be money management follow suggest.
Versão 3.4
2021.01.11
Fixed access bug version 3.3
Versão 3.3
2021.01.11
Updated link for news filter.
Versão 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.
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.
Versão 3.1
2020.07.13
Code optimization, full copying from MT5 version to eliminate possible differences in trading by EA.
Versão 3.0
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.
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.
Versão 2.9
2019.11.22
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 replaced by 2019 ("NewsFilter").
"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 replaced by 2019 ("NewsFilter").
Versão 2.8
2019.04.30
1) Added the parameter "Close_Loss_only_by_SL" - closing of negative trades only by StopLoss (virtual or real).
2) The news history for the strategy tester is updated until May 19, 2019 ("NewsFilter").
2) The news history for the strategy tester is updated until May 19, 2019 ("NewsFilter").
Versão 2.7
2019.01.25
1) Added another type of calculation of the volume of trading lot.
2) The news history for the strategy tester is updated until January 26, 2019 ("NewsFilter").
2) The news history for the strategy tester is updated until January 26, 2019 ("NewsFilter").
Versão 2.6
2018.12.05
1) Optimization for the main currency pairs: EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, NZDUSD.
2) The news history for the strategy tester is updated until December 31, 2018 ("NewsFilter").
3) New parameter: Minimum_Pips_at_Profit - the minimum number of profit points for closing a positive transaction.
2) The news history for the strategy tester is updated until December 31, 2018 ("NewsFilter").
3) New parameter: Minimum_Pips_at_Profit - the minimum number of profit points for closing a positive transaction.
Versão 2.5
2017.11.21
1) "multiplier_of_trade_lot_for_opening_of_week" - lot multiplier for the EA trades during the market opening on Monday. (To reduce the risks, as this is the most unpredictable time.)
2) The log file with the EA operations ("Record_in_txt") can now be viewed at a time other than the time the EA is allowed to trade and when there are no trades opened by the EA. Without changing the "Record_Deals" parameter to "false", as before.
3) The history of news for the strategy tester is updated to November 14, 2017 ("NewsFilter").
2) The log file with the EA operations ("Record_in_txt") can now be viewed at a time other than the time the EA is allowed to trade and when there are no trades opened by the EA. Without changing the "Record_Deals" parameter to "false", as before.
3) The history of news for the strategy tester is updated to November 14, 2017 ("NewsFilter").
Versão 2.4
2017.10.12
1) News archive till October 7, 2017 is added.
2) The option allowing to note jumps of spread on a chart.
2) The option allowing to note jumps of spread on a chart.
Versão 2.3
2017.08.25
Parameters made more convenient for optimization.
Versão 2.2
2017.07.17
1. Additional parameter in the filter of news: "AllSpeaks".
2. The parameter limiting the minimum transaction lifetime: "not_close_transaction_number_second".
3. In the AUTO_PARAMETERS mode, it is possible to change all the parameters in the "Common Parameters" block.
4. Downloaded the news archive (1/1/2015 - 7/10/2017) for testing with the news filter enabled.
2. The parameter limiting the minimum transaction lifetime: "not_close_transaction_number_second".
3. In the AUTO_PARAMETERS mode, it is possible to change all the parameters in the "Common Parameters" block.
4. Downloaded the news archive (1/1/2015 - 7/10/2017) for testing with the news filter enabled.
Versão 2.1
2017.06.09
1) Protection against gaps.
2) Skipping holidays.
3) Field for entering currencies in the filter of news.
4) Skipping the beginning and end of month.
2) Skipping holidays.
3) Field for entering currencies in the filter of news.
4) Skipping the beginning and end of month.
Versão 2.0
2017.05.03
1) Block of parameters: "News Filter";
2) block of parameters: "Trailing Stop";
3) additional filter on an entrance to the transaction: "add_filter_of_entrance";
4) option of alternative settings at the included mode "AUTO_PARAMETERS": "Alternative_Set_at_AUTO".
2) block of parameters: "Trailing Stop";
3) additional filter on an entrance to the transaction: "add_filter_of_entrance";
4) option of alternative settings at the included mode "AUTO_PARAMETERS": "Alternative_Set_at_AUTO".
Versão 1.9
2017.03.03
1) Additional options in the AUTO mode for quick control.
2) Ability to close a profitable transaction at any spread.
3) The internal improvements to prevent the EA incorrect operation in emergency.
2) Ability to close a profitable transaction at any spread.
3) The internal improvements to prevent the EA incorrect operation in emergency.
Versão 1.8
2017.02.10
1) Improved the additional algorithm for closing transactions "use_Close_Analysis_Time=true".
2) Added the ability to select the trading direction (Buy or Sell).
2) Added the ability to select the trading direction (Buy or Sell).
Versão 1.7
2017.01.24
1) Internal optimization not related to trade logic.
2) Parameters of the maximum spread can be changed if AUTO_PARAMETERS=true.
2) Parameters of the maximum spread can be changed if AUTO_PARAMETERS=true.
Versão 1.6
2016.12.22
1) Functions regulating the opening of new orders relative to the already open orders.
2) The recommended currency pairs: EURCHF, USDCHF, GBPCHF, EURCAD, CADCHF, GBPCAD.
2) The recommended currency pairs: EURCHF, USDCHF, GBPCHF, EURCAD, CADCHF, GBPCAD.
Versão 1.5
2016.12.06
1) Added ability to close open positions using FIFO rule; First In First Out. All positions that are opened within a particular currency pair are closed in the order in which they were originally opened.
2) Added option to record the information of the expert (opening / closing of positions), to a file for future analysis.
3) Ability to set a custom maximum opening spread and closing spread for BUY and SELL positions.
4) When back testing, a custom date can now be assigned for the beginning and end of DST (Daylight Savings Time) for more accurate back testing results.
5) Added the ability to limit open positions in time.
2) Added option to record the information of the expert (opening / closing of positions), to a file for future analysis.
3) Ability to set a custom maximum opening spread and closing spread for BUY and SELL positions.
4) When back testing, a custom date can now be assigned for the beginning and end of DST (Daylight Savings Time) for more accurate back testing results.
5) Added the ability to limit open positions in time.
Versão 1.4
2016.10.24
1) Added the ability to set GMT_Offset based on the local computer time.
2) Added the ability to set the pause in the time interval for opening orders.
2) Added the ability to set the pause in the time interval for opening orders.
Versão 1.3
2016.09.26
1) Optimization for the following currency pairs is performed: EURJPY, USDJPY, EURAUD, AUDUSD.
2) The number of strategies is increased (more transactions).
3) Magic numbers and comments to strategies can now be set manually and in the AUTO mode.
2) The number of strategies is increased (more transactions).
3) Magic numbers and comments to strategies can now be set manually and in the AUTO mode.
Versão 1.2
2016.09.06
1) Strategy 2 and strategy 3 for currency pairs are optimized: EURGBP, EURCAD, USDCAD, GBPUSD, EURUSD.
2) Parameters are divided into two blocks for simplicity of setup:
◾MANUAL_PARAMETERS - block of parameters to be filled manually;
◾AUTOMATIC_PARAMETERS - block of parameters recommended to be set automatically (AUTO_PARAMETERS = true).
2) Parameters are divided into two blocks for simplicity of setup:
◾MANUAL_PARAMETERS - block of parameters to be filled manually;
◾AUTOMATIC_PARAMETERS - block of parameters recommended to be set automatically (AUTO_PARAMETERS = true).
Versão 1.1
2016.08.19
Parameter is added: Use_safety_SL_and_TP - on/off use of safety Stop Loss and Take Profit for restriction of losses, in case of switch-off of the terminal for the long time (for those who aren't confident in the VPS server).
Safety_StopLoss = 2*StopLoss, Safety_TakeProfit = 1.2*TakeProfit.
Safety_StopLoss = 2*StopLoss, Safety_TakeProfit = 1.2*TakeProfit.
its good so far