Yes my friend the Idea of is same as BBMA oma ally there is 4 Moving averages with BB and the setting of Averages are 5&10 LWMA applied to HIGH and 5&10 LWMA applied to LOW whenever either of them crosses the Upper or Lower band there is a possibility of reversal or small correction of the price (it's used mostly in Higher Time frame but if you apply a bit of Supply-demand the scalping can be 10/07/ · BBMA Reentry Setup hi guys, here i want to share with you a simple setup from the BBMA system, called: "Reentry". the founder of this system is Mr. Oma ally, im working on it about 4 years and recently have some success with this simple setup. now just want to have a place for sharing analysis and discussion about ideas for the users of this system. my goal is to make a big community from the 14/02/ · BBMA Oma Ally Light Theme. This is an implementation of BBMA OMA Ally for light theme. It is based on original BBMA Rules without any extra indicator or modification. Add feature to allow notification if setup condition is met. Please report bug or issue to author
Download technical indicator blogger.com4 for MetaTrader 4
Bbma forex indicator template Oma Ally is one of the most well-known approaches to technical analysis. Some so many traders have been quite successful in learning this strategy. While many forex traders who sell their trading systems claim to provide consistent profit. But in practice, what they say is just a fake.
Still, the trade failed. But different from this one trader. Oma Ally, a Malaysian trader who is the founder of the BBMA system. He is also known as a successful mentor in educating forex traders to generate consistent profits. Oma Ally is one of the Guru Traders who is quite generous in sharing her knowledge with the wider community.
Open an account or try Demo account. BBMA strategy by Oma Ally is a famous trading strategy in forex trading in Malaysia, Indonesia, and Brunei. Oma Ally is a Malaysian trader who developed this strategy, which is a further development than the BBMA introduced by Kang Gun, a senior Indonesian trader. The name BBMA is taken from the names of two trading indicators used in this method, namely Bollinger Bands and Moving Average.
Since BBMA Oma Ally has helped traders get a lot of profit from the forex market. BBMA Oma Ally has been through years of research and testing with success rates. BBMA Oma Ally has been the topic of conversation between Indonesian and Malaysian traders since Even the combined community of traders from Malaysia, Brunei, Indonesia, and several other bbma forex indicator template registered in a BBMA Oma Ally telegram group has up to 2, traders. Trading strategy BBMA Oma Ally is famous for its high entry accuracy, low floating time, and most importantly multiple entries.
BBMA strategy by oma ally uses 2 indicators which by bbma forex indicator template are found on MT4. These indicators are Bolinger Band BB and Moving Average MA.
Bollinger Band BB is an indicator in technical analysis to measure volatility and read market movements. John Bollinger is the founder of the Bollinger band indicator whose function is to determine sentiment, bias, and measure volatility market.
BB can be used as a measure of volatility and market sentiment or bias, bbma forex indicator template. To analyze at the volatility, by taking into account the shape of the BB, whether including BB Expanding or BB Horizontally. Flat BB is when the Top, Mid, and Low BB tend to be aligned, bbma forex indicator template. This flat condition indicates that the market is ranging or sideways.
The image above shows the price reaction to the BB line which tends to flatten out. When the price touches the Top band, there is a rejection that becomes a resistance zone. Conversely, when the price touches the Low band, there is a rejection which becomes a support zone. Breakout of BB by the price and ends with a closed candle outside the expanding BB is a new momentum for the market to continue the trend in that direction.
The image above shows the price reaction when BB expands, which is an indication of a breakout which then forms a new trend. BB has 3 lines, namely Top, Mid, and Low BB. Mid BB is a moving average functioning as a limit. When the price is above the middle BB it means bbma forex indicator template uptrend, on the contrary, if the price is below the middle BB it means a downtrend, bbma forex indicator template.
Moving Average MA is an indicator to find out the average value of price data within a certain period to identify general price trends. Moving Average or abbreviated as MA is a technical indicator that takes the average price of a certain period. MA indicator is used in the bbma forex indicator template market, forex, crypto, where it functions as a trend bbma forex indicator template as well as dynamic Support and Resistance.
This is included in the lagging indicator. The blue line is the 50 moving average, pay attention to its reaction to the price. When the price is below the MA line, the trend tends to be downtrend. When conditions are flat, the MA line tends to be in the middle of the price range. Conversely, when the MA line is below the price, the trend tends to be uptrend. The drawing of the MA line also depends on the period used, the shorter the period, the faster it reacts to prices.
MA lines are also often to be dynamic support and resistance zones. When the trend is bearish, the Bbma forex indicator template line becomes a resistance zone, and when it is bullish the MA line becomes a support zone.
In this case, there are two types of circumstances that must always be considered. In an uptrend or downtrend, this condition occurs not only for the candlestick to break from the BB line, but the MA also comes out of the BB. The image above is the minimum condition for an extreme condition is valid. These circumstances are:. If these two rules are met, then candlestick number 3 will be the place for entry. The candlestick marked with the number 3 is the Candlestick Retest.
But entry signals in extreme conditions are high risk, so the profit target rules also have certain rules for effective targets. From the example above, MA 5 High comes out of the Top BB and other conditions have been met, so our Target profit on MA 5 Low. Because it is risky, this extreme signal is mostly an early sign that a trend will end soon. Market Bbma forex indicator template Volume or MHV is the sequence after the extremes going on.
MHV is a condition of a trend where prices are no longer strong enough to continue their journey. Simply put, the trend is starting to weaken. Take bbma forex indicator template look closer to an image below:. Candlestick patterns that indicate MHV include a Double Top, Triple Top, bbma forex indicator template, Head and Shoulder, and Inverse Head and Shoulder patterns.
Just to make it easier to learn about the MHV candlestick pattern below is a sketch of the MHV pattern and it is accompanied by the tp and the entry point, bbma forex indicator template.
In the re-entry setup in BBMA Oma Ally follows the predetermined rules, but before that, I will write about Candlestick Arah CSA and Candlestick Momentum CSM. The Candlestick Arah is the initial signal of post-extreme price changes and MHV.
CSA at the BBMA serves as a pointer to where prices will move in the near term. CSA itself is divided into 2, namely the CSA Awal and CSA Kukuh. In CSA Awal occurs when the candlestick closes only past MA 5 and While CSA Kukuh is CS close through MA 5, 10, and Mid BB. Candlestick Momentum is the initial signal of a market that is starting to have the strength to move. CSA and CSM are signals to prepare for entry. If there is CSM on Top BB, we have to wait at MA 5 or 10 Low first to make an Entry Buy.
In the BBMA strategy by oma ally, the re-entry setup also follows the rules which are the order in which this strategy is implemented, these rules are as follows below.
If you use the H4 timeframe, you should also look at a larger timeframe, bbma forex indicator template example daily and weekly. If the price is below MA 50, you should focus on looking for a Sell setup.
Conversely, if the price is above MA 50, focus on looking for a Buy setup. To be sure, no one has provided concrete evidence of how the success rate of BBMA Oma Ally is when applied to trade. On his Facebook page, bbma forex indicator template, he has followers of more than 20 thousand people. Some traders who take fully to use this strategy claim they have made more consistent profits.
Bbma forex indicator template, some other traders lose money when trying to implement this strategy. This proves that even in using one strategy, each trader will get his results that are different from other traders. Regardless of whether they ask permission from Oma Ally or not, Oma Ally indirectly has given way to other people to get money.
Oma Ally often uploads photos with beautiful scenic backgrounds on his Facebook page with his wife. It seems to prove that he is one of the most successful forex traders. Open an account or try a Demo account. Simple swing trading strategy that work. Breakout indicator Metatrader 4, best strategy. High-frequency trading, how it works. Sign up to receive awesome content in your inbox, bbma forex indicator template, every week.
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Accept Read More, bbma forex indicator template. Home Forex BBMA Oma Ally Trading Strategy. Forex FX Indicators. by admin April 5, Contents 1 BBMA Oma Ally Explained 2 BBMA Oma Ally Indicator 2.
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10/07/ · BBMA Reentry Setup hi guys, here i want to share with you a simple setup from the BBMA system, called: "Reentry". the founder of this system is Mr. Oma ally, im working on it about 4 years and recently have some success with this simple setup. now just want to have a place for sharing analysis and discussion about ideas for the users of this system. my goal is to make a big community from the 27/04/ · BBMA indicators 1. sss s s most usable simple forex indicator for traders and beginers experts. Download the files: blogger.com4 kb, downloads since Heiken Ashi Ma T3 new blogger.com4 kb, downloads since This is a Multi pair and Multi time frame dashboard. The founder of the system is Mr. Oma Ally, which is a system based from Bollinger Band and Moving Average(BBMA). BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of 3 types of entries: Extreme MHV Re-Entry This Dashboard Help you to scan current Extreme and Reentry setup (MHV not included)
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