FrankoScalp EA

Overview

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FrankoScalp EA is one of the longest-running and most trusted Expert Advisors on the Forex market, with an exceptional track record spanning over five years of continuous verified trading. Developed by Konstantin Kulikov and first published in 2016, this automated trading robot has earned its place in various trading forums and top EA lists, building a loyal community of users who have relied on it year after year.

FrankoScalp offers you two distinct approaches in one package. The Primary Sets focus on conservative scalping during quiet market periods, using proper Stop Loss protection on every trade without any risky grid or martingale techniques. For those seeking more aggressive returns, the Modified Sets incorporate averaging positions with controlled grid and martingale methods—but with a critical difference: these sets are built on the foundation of the proven Primary Sets, meaning over 95% of trades close successfully on the first position without ever needing to average. This unique design allows aggressive trading with moderate risk rather than the account-destroying exposure typical of most grid systems.

The EA works across 20 major and cross currency pairs including USDCHF, EURCHF, EURUSD, GBPUSD, AUDUSD, USDJPY, and many others. It’s compatible with any timeframe since it automatically collects data from multiple timeframes regardless of which chart you attach it to. A built-in news filter helps avoid trading during high-impact economic releases, protecting your account from unpredictable volatility spikes.

LIVE MQL5 SIGNAL 1

LIVE MQL5 SIGNAL 2

How It Works

How it looks on your chart

FrankoScalp provides two fundamentally different strategy sets, allowing you to choose the approach that matches your risk tolerance and trading goals:

The Primary Sets (found in the “Without GridMartin” folder) represent the safest, most conservative approach:

• Scalping During Quiet Periods: The strategy focuses on capturing small profits during calm market conditions when price movements are more predictable and less prone to sudden spikes.
• News Avoidance: The built-in news filter automatically prevents trading during scheduled high-impact economic announcements (NFP, FOMC, central bank decisions, etc.) when volatility can create unpredictable price movements.
• Stop Loss on Every Trade: Each position is protected by a predetermined Stop Loss level. If the market moves against the trade beyond this threshold, the position is closed with a controlled, limited loss.
• No Grid, No Martingale: These sets don’t add positions to losing trades or increase lot sizes after losses. Each trade stands on its own, making the strategy suitable for traders who prioritize capital preservation.
• Based on Real Account Analysis: The settings have been developed and refined through extensive analysis of actual trading results on real accounts, not just optimized on historical backtests.

The Modified Sets (found in the “With GridMartin” folder) offer a more aggressive approach for traders seeking higher returns:

• Averaging Position Strategy: Instead of using a Stop Loss, if the initial trade moves against the EA, it opens additional positions at predetermined intervals (grid trading). These additional positions have larger lot sizes (martingale principle) to help recover from the floating loss.
• 95%+ Success on First Position: Here’s what makes these sets special—because they’re built on the proven logic of the Primary Sets, the vast majority of trades (over 95%) close successfully on the very first position without ever needing to average. The grid/martingale mechanism is essentially a recovery backup that rarely gets activated.
• Controlled Grid Levels: Unlike unlimited grid systems that can destroy accounts, FrankoScalp’s Modified Sets use controlled, predefined grid parameters with specific maximum levels. The system knows exactly when to stop adding positions.
• Moderate Risk Despite Aggression: By combining solid entry logic (from Primary Sets) with controlled recovery mechanisms (limited grid/martingale), these sets achieve aggressive returns while maintaining moderate risk levels. It’s not the reckless gambling that characterizes most grid systems.

FrankoScalp includes a built-in news filter that connects to an economic calendar (Investing.com) to monitor upcoming high-impact news events.

FrankoScalp’s core scalping logic identifies opportunities based on multiple factors:

• Price Action Patterns: Recognizes specific short-term price formations that historically precede profitable moves
• Volatility Analysis: Measures current market volatility to ensure conditions are suitable for scalping
• Trend Alignment: Verifies that the scalping opportunity aligns with the broader trend context from higher timeframes
• Time-of-Day Filters: Considers which trading session is active (Asian, European, US) and adjusts behavior accordingly
• Spread Monitoring: Checks that current spreads aren’t excessively wide, which would eat into profit margins

Only when all conditions align favorably does the EA execute a trade. This multi-factor confirmation process is what keeps the win rate high and ensures that trades have genuine probability of success rather than being random entries.

Key Features

• Works on ANY timeframe: M1, M5, M15, M30, H1, H4, D1, W1, MN
• Optimized for 20 currency pairs: EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, AUDUSD, NZDUSD; EURCHF, EURGBP, EURAUD, EURCAD, EURJPY, GBPAUD, GBPCAD, CADCHF, NZDCAD, AUDCAD, AUDJPY, CHFJPY, USDSGD
• Minimum Deposit: $500 USD
• Two Strategy Sets Included: Primary Sets (Conservative) and Modified Sets (Aggressive):
• Proven MQL5 Track Record: Verified growth of +44% and +49%
• Built-In News Filter: Automatically avoids trading during high-impact news events

The download package of the product includes:

• Experts: FrankoScalp v4.2_fix.ex4
• Presets: Modern GM MT4.set and Samurai GM MT4.set
• Installation Guide from forex-hacked.com

Conclusion

FrankoScalp EA stands as a remarkable exception in the Expert Advisor market—a system that has not only survived but thrived for over five years through multiple market regimes, trending periods, ranging conditions, and volatility spikes. This longevity isn’t accidental; it’s the direct result of a developer who remains committed to the product and its users long after the initial purchase, continuously refining and updating the system to maintain relevance and profitability.

Contact me: trent@trentbaxter.com

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