This paper presents a new method for parameter identification based on the modulating function method for commensurable fractional-order models. The novelty of the method lies in the automatic determination of a specific modulating function by controlling a model-based auxiliary system, instead of applying and parameterizing a generic modulating function. The input signal of the model-based auxiliary system used to determine the modulating function is designed such that a separate identification of each individual parameter of the fractional-order model is enabled. This eliminates the shortcomings of the common modulating function method in which a modulating function must be adapted to the investigated system heuristically.