Frank
- Experts
- Aleksei Grebenkin
- Version: 5.14
- Updated: 2 November 2024
- Activations: 10
Multifunctional universal trading system. Suitable for all Forex and Crypto markets.
.set files are updated weekly, published on our site.
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Frank.ex5[FOR OPTIMIZATION], fast engine for optimization of TS_DayTrader Trading System.
Designed specifically for high-speed optimization in MT5 Tester.
For graphical interface, see Frankenstein.ex5.
Both Frankenstein.ex5 and Frank.ex5 have automatic trading capabilities.
Parameters(.set files) for Frank.ex5 and Frankenstein.ex5 are interchangeable.
Supports hedging accounting systems (successfully tested with netting accounting system as well),
multiple timeframes (M1 up to D1), potentially any type of asset after a quick calibration.
The Trading System identifies trend movements, reversals and continuations,
tracks horizontal channels, formed by levels of support and resistance(Key Levels), and channel breakouts.
Frankenstein's trading strategy is based on Key Levels coupled with pattern recognition algorithms
looking for 10 classes of patterns - DD, DB, SD, SB, RB, RD, SSD, SSB, BSB, MSB.
These 10 patterns identify trading entry points.
The Trading System features multiple TA tools:
- Fractals
- RSI divergences
- Trailing system based on Bollinger Bands
- Technical Pocket(ATR)
- Test Levels
- Position Manager
- TradingTime Manager
Frankenstein combines these techniques with multiple built-in safety components
(such as: Balance, Equity, Spread, Slippage, Volume, Positions checks)
to form a coherent trading strategy. EA can be quickly deployed on any machine
even by an inexperienced user with little trading skills.
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Manual Trading Mode makes it possible to manually open positions within the Frankenstein EA
trading strategy and use the EA's tools with those positions: Trailing SL and Position Manager.
Automatic risk management makes it a job of two clicks to open a position manually - just click "Manual" and then "Buy".
For purposes of independent audit and analysis, there's a "DATABASE" block of parameters
providing with an option to output the trading history to the .csv or .txt file.
Each unique instance of Frankenstein EA keeps track of its own trading statistics.
This data can be displayed in the chart window next to EA's controls. Use of unique MAGIC numbers
allows maintaining trading statistics independently for each Frankenstein running.
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We host a local optimization farm. Working 24/7, it automatically performs optimization of agents, and the results are published weekly.
Download latest .set files, including up-to-date configurations for the Forex and Crypto markets.
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-- About:
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Developed by a fellow team of traders/coders with over a dozen years of cumulative experience.
The trading strategy was tested in real market conditions and proven to be profitable over the years
which has lead to the development of the first version of Frankenstein.
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Author: Alexey Grebyonkin[RU],
Software Engineer: Viktor Kokotin[RU]
Frank 5.05, released on Jul 31 2024.