Short F4Nea39 #shorts

F4N EA39 Price action martingale, high performance, Free EA for MT5

EA name: F4Nea39

EA strategy: price action scalping and martingale

Timeframe: H1

Currency: EURUSD

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Deposit Balances 10,000 USD cent MT5 platform with FBS.

Auto-run EA with high-performance FOREX VPS.

F4N EA2024 number01 Stochastic move within limits, fixed Lots and auto Lots mode.

The foundational mechanism of the EA is activated by deploying the "Indicator moves within limits" block to evaluate the positional status of the Stochastic Indicator, determining its precise level. If the STO value is bracketed within the 1 to 30 range, the EA embarks on opening a Buy order for every individual candlestick. Conversely, should the STO value nestle within the 70 to 100 range, the EA similarly initiates a Sell order for each candlestick in turn.

Once the aggregation of profits on the Buy side individually surpasses 30 pips, the EA proceeds to close all Buy orders. In a parallel manner, when the collective profits on the Sell side exceed 30 pips, it leads to the closure of all Sell orders.

Regarding the selection of order size, it offers a dichotomy between Fixed Lots and Auto Lots, adjustable through the alteration of the "Mode Auto Lots" input parameter.

El mecanismo fundamental del EA se activa al desplegar el bloque "El indicador se mueve dentro de los límites" para evaluar el estado posicional del Indicador Estocástico, determinando su nivel preciso. Si el valor del STO se encuentra dentro del rango de 1 a 30, el EA comienza a abrir una orden de Compra para cada vela individualmente. Por el contrario, si el valor del STO se sitúa dentro del rango de 70 a 100, el EA inicia de manera similar una orden de Venta para cada vela sucesivamente. Una vez que la agregación de beneficios en el lado de Compra supera individualmente los 30 pips, el EA procede a cerrar todas las órdenes de Compra. De manera paralela, cuando los beneficios colectivos en el lado de Venta exceden los 30 pips, esto lleva al cierre de todas las órdenes de Venta. En cuanto a la selección del tamaño de la orden, ofrece una dicotomía entre Lotes Fijos y Lotes Automáticos, ajustables mediante la alteración del parámetro de entrada "Modo Lotes Automáticos".

Bollinger Bands indicator

Bollinger Bands are a popular technical analysis tool that is used to measure the volatility of a financial instrument and identify potential trends and trend reversals. They are composed of a simple moving average (SMA) and two standard deviations of the SMA, plotted above and below the SMA. The resulting bands form an envelope around the price of the financial instrument and can be used to identify overbought and oversold conditions, and potential breakouts.

To use Bollinger Bands effectively, it is important to understand how they are calculated and how to interpret them. The SMA is calculated by summing the closing prices for a given number of periods and dividing the result by the number of periods. The standard deviations are calculated based on the SMA and represent the distance from the SMA to the upper and lower bands.

To interpret Bollinger Bands, you can use the following guidelines:

• When the price is within the Bollinger Bands, it is considered to be in a normal range.
• When the price touches or moves outside the Bollinger Bands, it is considered to be overbought or oversold.
• When the Bollinger Bands are narrow, it indicates low volatility, and when the Bollinger Bands are wide, it indicates high volatility.

One way to use Bollinger Bands is to look for breakouts. When the price breaks out of the upper or lower Bollinger Band, it can be a signal that the trend is about to change. For example, if the price breaks out of the upper Bollinger Band, it could be a sign that the trend is about to turn bearish, and if the price breaks out of the lower Bollinger Band, it could be a sign that the trend is about to turn bullish.

Another way to use Bollinger Bands is to look for overbought and oversold conditions. When the price touches or moves outside the Bollinger Bands, it can be a sign that the financial instrument is overbought or oversold. For example, if the price moves outside the upper Bollinger Band, it could be a sign that the financial instrument is overbought, and if the price moves outside the lower Bollinger Band, it could be a sign that the financial instrument is oversold.

In addition to using Bollinger Bands on their own, they can also be used in conjunction with other technical indicators and chart patterns to confirm trading signals and make more informed trading decisions. For example, a trader could use Bollinger Bands in combination with the MACD (Moving Average Convergence Divergence) indicator to confirm a trend reversal.

In conclusion, Bollinger Bands are a useful technical analysis tool that can be used to identify trends, overbought and oversold conditions, and potential breakouts. By understanding how they are calculated and how to interpret them, traders and investors can use Bollinger Bands to make more informed trading decisions.

RSI indicator

Relative Strength Index (RSI) is a technical indicator used to measure the strength of a financial instrument's price action. It is calculated by dividing the average of the instrument's gains over a given period by the average of its losses over the same period. The resulting ratio is then plotted on a scale of 0 to 100, with high values indicating strength and low values indicating weakness.

To use RSI effectively, it is essential to understand how it is calculated and how to interpret it. The most common period for RSI is 14, but other periods can also be used. To calculate RSI, you will need to apply the following formula:

RSI = 100 - (100 / (1 + RS))

where RS is the average of the instrument's gains over the given period divided by the average of its losses over the same period.

To interpret RSI, you can use the following guidelines:

• Values above 70 indicate that the financial instrument is overbought, and values below 30 indicate that it is oversold.
• A rising RSI indicates that the financial instrument is getting stronger, and a falling RSI indicates that it is getting weaker.
• RSI can also be used to identify trend reversals. For example, if RSI is rising and then starts to fall, it could be a sign that the trend is about to reverse.

One way to use RSI is to look for overbought and oversold conditions. When RSI is above 70, it can be a sign that the financial instrument is overbought, and when RSI is below 30, it can be a sign that the financial instrument is oversold.

Another way to use RSI is to look for divergences between the indicator and the price action. For example, if the price is making higher highs but RSI is making lower highs, it could be a sign that the trend is about to reverse. Similarly, if the price is making lower lows but RSI is making higher lows, it could also be a sign of a trend reversal.

In addition to using RSI on its own, it can also be used in conjunction with other technical indicators and chart patterns to confirm trading signals and make more informed trading decisions. For example, a trader could use RSI in combination with Bollinger Bands to confirm a trend reversal.

In conclusion, RSI is a useful technical indicator that can be used to identify overbought and oversold conditions and trend reversals. By understanding how it is calculated and how to interpret it, traders and investors can use RSI to make more informed trading decisions