FrankoScalp EA v.4.2 MT4 – Free Download

Description

What is FrankoScalp EA?

FrankoScalp EA is a Forex Expert Advisor (EA) designed to trade currency pairs on the MetaTrader 4 (MT4) platform. With over 5 years of verified real trading performance, it has proven its reliability through continuous use and rigorous testing, consistently delivering high-quality results.

Key Features 

1. Primary Sets (Conservative Trading)
   • Designed for scalping during quiet market periods, avoiding trading during news events.
   • Developed based on real account analysis, accounting for numerous nuances.
   • Each trade is secured with a Stop Loss, ensuring controlled risk without the use of grid or martingale strategies.
   • Ideal for traders seeking a safer, more conservative approach.
2. Modified Sets (Aggressive Trading)
   • Tailored for those who prefer higher risk and reward.
   • Uses averaging positions instead of Stop Loss, incorporating grid and martingale strategies.
   • Despite the aggressive nature, over 95% of initial trades close successfully without needing position averaging, providing a balance between risk and stability.
   • Suitable for traders willing to take on more risk for potentially greater returns.

Supported Currency Pairs

FrankoScalp EA sets have been optimized for the following pairs:

• Major Pairs: USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, GBPUSD, NZDUSD, AUDUSD, USDJPY.
• Cross Pairs: EURGBP, EURAUD, EURCAD, GBPAUD, GBPCAD, AUDCAD, AUDJPY, CHFJPY, EURJPY, USDSGD.

 

System Requirments 

Trading Platform: MetaTrader 4 (MT4)

Timeframe:

• Best performance observed on M1 (1-minute chart) during backtesting.
• Effective across all timeframes, offering flexibility for different trading styles.

Currency Pairs:

• Optimized for major pairs like USDCHF, EURCHF, USDCAD, GBPUSD, AUDJPY, and others.

Minimum Deposit:

• Recommended starting balance of $500 for optimal trading results.

Broker Recommendation:

• Choose a low-spread ECN broker to ensure maximum profitability and efficiency.

 

Review and Backtest

 

FrankoScalp Signal Reports

Pros and Cons ( Benefits ) 

Pros

1. High Accuracy
   • Proven performance with over 5 years of verified results, ensuring reliable trading.
2. Flexible Trading Strategies
   • Offers both conservative (Primary Sets) and aggressive (Modified Sets) options, catering to different risk appetites.
3. Robust Risk Management
   • Primary sets utilize Stop Loss, avoiding risky grid or martingale strategies.
4. Versatility in Timeframes
   • Works effectively across all timeframes, with optimal results on the M1 chart.
5. Wide Currency Pair Compatibility
   • Supports a diverse range of major and cross-currency pairs for broader trading opportunities.
6. Low Deposit Requirement
   • Operates efficiently with a minimum deposit of $500, making it accessible to most traders.
7. Optimized for Low-Volatility Markets
   • Performs best during quiet trading periods, reducing exposure to unpredictable market movements.
8. Supports Low-Spread Brokers
   • Ideal for use with ECN brokers, maximizing profitability through minimal spreads.

Cons

1. Dependency on Market Conditions
   • Performance may decline during high-volatility news events or erratic market behavior.
2. Modified Sets Carry Higher Risk
   • Use of grid and martingale strategies in aggressive trading can lead to significant losses if not carefully managed.
3. Requires a Low-Spread Broker
   • Optimal results demand a specific broker type, limiting choices for some traders.
4. Not Suitable for All Trading Styles
   • Scalping strategy may not appeal to traders who prefer long-term or swing trading.
5. Initial Setup Complexity
   • Beginners might need guidance to fully understand and configure the EA for optimal performance.

 

Why Choose FrankoScalp EA?

1. Proven Track Record
   • Over 5 years of verified real-world performance, demonstrating its reliability and consistency.
2. Advanced Scalping Strategy
   • Specializes in trading during low market volatility, capitalizing on steady price movements.
3. Customizable Risk Levels
   • Offers both conservative (Stop Loss-based) and aggressive (grid/martingale) trading options to suit different risk appetites.
4. Optimized for Major Currency Pairs
   • Supports 19 major and cross-currency pairs, providing diverse trading opportunities.
5. Minimal Drawdown
   • Achieves stable profits with a low historical drawdown of 15.6%, ensuring safer trading.
6. Timeframe Flexibility
   • Effective across all timeframes, with optimal performance on the M1 (1-minute) chart for scalping.
7. Low Starting Capital
   • Requires a minimum deposit of just $500, making it accessible to traders with varying account sizes.
8. Broker Compatibility
   • Works best with low-spread ECN brokers, ensuring higher profitability and efficient trade execution.
9. User-Friendly
   • Easy installation and intuitive setup, suitable for both novice and experienced traders.
10. Stable Performance in Quiet Markets

• Designed to trade safely during low-volatility periods, reducing exposure to market turbulence.

Whether you’re a beginner seeking a safe entry into automated Forex trading or an experienced trader aiming for stable profits, FrankoScalp EA offers a reliable and adaptable solution.

 

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