FRANKOSCALP EA v4.2

Congratulations on discovering the “FrankoScalp” Expert Advisor, one of the longest-running and most trusted EAs on the Forex market! With over five years of success and a strong presence in various Forex forums, this EA has been consistently updated and supported, ensuring its place among the top-performing trading systems.

Why Choose FrankoScalp?

Proven Longevity:
Unlike many other EAs that fade out after drawdowns, FrankoScalp has continued to evolve and adapt over the years. Regular updates and new sets of settings keep it relevant and reliable. This EA has stood the test of time and remains one of the most popular choices for Forex traders.

Sustained Support:
The expert is continuously supported by its author and enjoys a robust user community. The EA receives updates during periods of drawdown, ensuring that it remains functional and effective. This level of ongoing support ensures that FrankoScalp doesn’t turn into obsolete software like many others.

Strategy Overview

Primary Sets – Conservative Trading:
The primary sets are focused on scalping during quiet times in the market, particularly when there are no significant news events. This approach is based on real account performance analysis, ensuring stability without relying on high-risk strategies like grid or martingale. Each trade has a stop loss, making this a conservative yet reliable method of trading.

Modified Sets – Aggressive Trading:
For those who prefer a more aggressive approach, the modified sets include the use of grid and martingale techniques. These sets are designed for traders who are comfortable with higher risk, but the majority of trades still close successfully without needing to activate the averaging positions. This ensures that the strategy remains effective with moderate risk.

Currency Pairs Supported:

The expert is designed for a wide range of currency pairs, including but not limited to:

• USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD

• GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY

• CHFJPY, USDJPY, EURJPY, USDSGD

Expert Setup and Configuration:

To get started with FrankoScalp, download the latest settings archive. The archive contains both the primary sets (“Without GridMartin”) and the modified sets (“With GridMartin”). These can be used on any timeframe, although back-testing on the M1 timeframe is recommended for the best results.

For added functionality, you can activate the news filter by enabling the “Allow WebRequest” feature and adding the relevant news site to the terminal settings. This helps to keep the EA informed about market news, optimizing its decision-making process.

For further setup assistance, you can send screenshots for verification, or use remote desktop tools like TeamViewer for direct support.

Conclusion:

The “FrankoScalp” Expert Advisor has been a reliable companion for Forex traders for over five years, continually evolving to meet the challenges of the market. Whether you prefer conservative scalping or a more aggressive trading approach, this EA provides the flexibility and support you need to succeed.

To learn more and get started, visit the blog or download the settings for installation. Happy trading!