FrankoScalp EA v4.2 MT4 + SetFiles (Platform build 1431+)
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What is FrankoScalp EA?
FrankoScalp EA is an Expert advisor (EA) for trading foreign currency pairs. Compatible with MetaTrader 4 (MT4) platform. The tool has verified real trading performance over 5 years of continuous trading and has undergone rigorous testing and achieved high performance.
- Vendor website: Click here
FrankoScalp Overview
About the author
This product is compiled by Konstantin Kulikov. This Russia author has more than +9 years of experience working on MQL5 with many famous products such as FrankoScalp, GoldenScalp MT4 and other products. Among them, FrankoScalp EA is his best performing product.
Professional features
- Risk management: Use Stop loss (SL) to limit risk, suitable for users with a conservative trading style.
- Aggressive trading: Modifiers use average positions (Grid and Martingale methods), suitable for users who prefer more risky trading.
- Wide range of currency pairs: Supports many popular currency pairs, including major and cross pairs.
- Flexible on any time frame: Expert automatically collects data from multiple time frames, making it easy for traders to use on any desired time frame.
Outstanding advantages
- Time-tested: EA FrankoScalp has been operating successfully for over 5 years and is trusted by many users.
- Stability and moderate risk: Modifiers often close the first successful trade without an average position, helping to minimize risk.
- Extensively tested: The expert has been tested and evaluated at various levels, ensuring reliability and effectiveness.
What is FrankoScalp’s trading strategy?
- Scalping strategy: The main sets focus on Scalping during quiet times, outside of news events. This implies a high-frequency trading approach.
- Risk management: The main sets use Stop Loss orders, indicating a conservative risk management strategy.
- Aggressive trading: The modified sets use averaging techniques (Grid or Martingale) for more aggressive trading, but have a high success rate on the first trade.
FrankoScalp EA Reviews
1. Actual trading results:
- Live Signal: Click here
FrankoScalp Myfxbook
FrankoScalp real trading results
2. FrankoScalp EA backtest test results:
FrankoScalp EA has passed rigorous and meticulous long-term trading tests and shown excellent profit performance. The tests lasted for 5 years and the advisor does not use potentially risky features such as Grid and Martingale.
Franko Scalp EA backtest test results
Franko Scalp MT4 backtest test results
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Currency pairs | USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD, GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY, CHFJPY, USDJPY, EURJPY and USDSGD |
| Time frames | Any times |
| Minimum / Recommended deposit | $500 |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
Product download package includes
The download package of the product suite includes:
- Experts:
- FrankoScalp EA v4.2.ex4
- FrankoScalp EA v3.9.ex4
- Presets:
- FrankoUSDJPY.set
- FrankoUSDCHF.set
- FrankoUSDCAD.set
- FrankoNZDUSD.set
- FrankoGBPUSD.set
- FrankoEURCHF.set
- FrankoAUDUSD.set
- Like Happy for MT4.set
- News Trade Grid Gold for MT4.set
- NewsTrade Grid for MT4.set
- NewsTrade SL Rate MT4.set
- NewsTrade with SL for MT4.set
- GS default SL 001for100 MT4.set
- GS grid classic 001for200 MT4.set
- GS grid with SL5pr 001for200 MT4.set
- GS grid with SL6,7pr 001for150 MT4.set
- GS grid with SL10pr 001for100 MT4.set
- gridmartin_eurjpy_m1 MT4.set
- gridmartin_gbpcad_m1 MT4.set
- gridmartin_gbpusd_m1 MT4.set
- FriMon with SL.set
- FriMon with SL ManyPairs.set
- FriMon with Martingale.set
- FriMon with Martingale ManyPairs.set
- WebRequests.txt
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User Reviews
Only logged in customers who have purchased this product may leave a review.
1. What is FrankoScalp EA and what platform does it work on?
FrankoScalp EA is an automated trading tool (Expert Advisor) designed for the MetaTrader 4 (MT4) platform. It helps trade foreign currency pairs (Forex).
2. Who created FrankoScalp EA and what's their experience?
Konstantin Kulikov, a Russian developer with over 9 years of experience working on MQL5, created FrankoScalp. It's considered his best-performing product among others like GoldenScalp MT4.
3. What trading strategies does FrankoScalp use?
Primarily a scalping strategy focusing on high-frequency trading during calmer market periods outside news events.
Offers conservative risk management through Stop Loss orders in the main settings.
Provides aggressive options with averaging techniques (Grid or Martingale) in modified sets, aiming for high success rates on the first trade.
4. How long has FrankoScalp been around, and is it reliable?
The EA has been operating successfully for over 5 years and has undergone rigorous testing. It boasts real trading performance data and positive user reviews.
5. What are the minimum deposit requirements for using FrankoScalp?
The recommended minimum deposit is not explicitly stated, but some resources suggest starting with at least $500.
6. Does FrankoScalp work with all currency pairs?
While it supports many popular pairs (majors and crosses), specific compatible pairs are listed, including EURUSD, GBPUSD, USDJPY, etc.
7. Can I use FrankoScalp on any timeframe?
Yes, the EA automatically gathers data from multiple timeframes, making it adaptable to your preferred timeframe.
8. Does FrankoScalp guarantee profits?
No trading tool can guarantee profits. Past performance is not necessarily indicative of future results.
9. What are the risks involved in using FrankoScalp, especially with aggressive settings?
The modified sets with averaging techniques (Grid or Martingale) carry higher risks, so be cautious and understand the potential for significant losses.
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