Following the thread with interest, maybe you have already done it but I have google translated the attached BBMA document into English. Hopefully will be of some help.
{quote} Hi Sir, basic bbma does not include the bbma code, that means basic is not enough to make entry?
Ignored
The basic bbma includes the code. The advanced bbma is almost, only, for re-entries.
The basic bbma explains the all thing. Itīs only "basic" on itīs name. Nothing more lol
{quote} Hi Xdatrader tnks for contributing to the forum. Its always better than just talking about how good the system is. But I dont have office so I cant open the file that you translated, is there anyway you can convert it to pdf? tnx.
Following the thread with interest, maybe you have already done it but I have google translated the attached BBMA document into English. Hopefully will be of some help. {file}
{quote} @nbelchior you have done the BBMA course this file is valid in order to understand the strategy?
Ignored
Yes that file is the advanced bbma course. Dont forget the advanced bbma course is almost only for re-entries. The basic bbma course is the main thing to understand the entire bbma. Without it, you wont understand nothing.
{quote} The basic bbma includes the code. The advanced bbma is almost, only, for re-entries. The basic bbma explains the all thing. Itīs only "basic" on itīs name. Nothing more lol
Hi Guys ... thank you ... i am very glad there is another explanation about BBMA ... this can add knowledge about BBMA ... i want to share about BBMA ... if any difference we will discuss carefully ... BBMA .... enjoy !.....
The Secret of the Supreme Court and its Deviance (BBMA)
Three patterns of price movements ... ie Up, Down and Flat . Of these three patterns ... the most important thing for us to observe is the Flat movement pattern .. why? because of this pattern the movement will start to move Up or Down. And the most important is the pattern of movement of the Flatmathematically and statistically the limits of movement is easier to predict !!!.
how can we predict the limits of current price movements? Well, here's where the point of importance .. boundaries like signs on the highway .. that helps us to predict where the next direction. we will use Bollinger Bands to help us predict these boundaries. This indicator already exists built in on every trading platform that exists today. Only way we use BB with the same period that is in Flat movement condition. !!!!
Well .. why we use Bollinger Bands to calculate or see the limits of price movement? Details about the Bollinger Bands indicator you can read on www.bollingerbands.com (http://www.bollingerbands.com) there technically explained everything .. just the details you read there ... But one reason why we use BB to see the limits of movement is because BB calculates the Standard Deviation (https://www.mql5.com/en/docs/constants/objectconstants/enum_object) of SMA with a certain period. Then what is the Standard Deviation? Standard Deviation in the language meaning is the degree or boundary where the value of a group of data resides. Well, the commonly used Standard Deviation is the value 2. Why 2? ... just summarized from the statistical calculation of a group of data known that 96.5% of the values of a group of observed data will be in the range of calculations with Standard Deviation 2. So that is the reason why we will use BB to determine the boundaries of price movements , because with this definition we can conclude that when the price touches BB Upper line or BB Lower line then it indicates that (likely) price movement will reverse . But I need to underline here that ... this applies to static moving data rather than dynamic .. that's one of the reasons why I only use BB at the point of reference of price movements that are in Flat condition.
BB means that we will use his period should always be the same as the period of reference point of the movement that we use. And we only use BB if there is a reference point of movement of the condition Flat course, so we will not use BB at the time of the high movement (trending)we use in a trending state.
Then can we immediately predict that the price will move down if the current price is below the Upper Line BB 480 back? We do not act on price positions but we still use points of reference to take action. So we can predict the price will move down if MA Daily (SMA 24) which describes the daily movement also move down or the MA line pointing down . Then how do we know that the price will not turn up or up again? Observe the MA Daily line .... we can predict that the price will move up only if the MA Daily line penetrates Upper Line BB Monhtly (480). Notice when the price of playing in the BB area, does not the MA Daily never penetrate the Upper or Lower BB? REMEMBER MA Daily describes the daily movement !!! Then if it goes down how much will the price go down? Clearly our first target is MA Monthly ... but we can just make sure the price will move there if the price is below MA Weekly (SMA 120) and MA Daily (SMA 24) is also under MA Weekly (SMA 120)
Well in summary we have information about the direction and limits of price movements ... this is in accordance with the purpose of our analysis. Then when do we OP it?
we know that we will BUY if the price is above Upper Line BB Monhtly (480). and SMA 24 through or through the Upper Line BB Monhtly (480) .. And we will SELL if the price returns below the Upper Line BB Monhtly (480). and MA Daily (SMA 24) pointing down.
we will use or see price movement per 8 hours. Well when we already have the analysis we will use it to help us OP ... Well .. to see it on the chart H1 we plot only MA 8H (yellow line). Well .. we can use crossing MA 8H and MA Daily as the right moment for OP
Can we also use MA 4 H (blue line). to monitor movement and use it when crossing with MA Daily on H1 as a sign for Entry? All right .... means we use the comparison of the 4-hour moving average and the daily movement to determine the Entry time. It depends entirely on the trader itself but I myself often use crossing MA 4H and SMA 8H on H1 for entry point . The most important thing is we already have the material of analysis ... so crossing crossingan we use only to ensure Entry and Exit only. Even if we want also can use crossing MA 1H and MA 2H for OP. .. Why not? origin sure and know the risk alone .. that's the most important. Then what about SL and TP? Well .. to specify the SL I usually use the Upper / Lower line BB that I use as the base determines the limits of price movements. So if I'm a Sell entry then I use Upper Line BB which is the limit plus spread + 1 point as SL . And TP I use middle BB as the first target ... but sometimes I just let it without TP and Exit based on crossing MA 8H and MA Daily . Well ... so far I think pretty obvious basic analysis that I usually do .. everything is based on mathematical and statistical calculations only.
we can use any TF .... the origin of the reference is fixed ... In M1, M5 and M15 can be .... live conversion course reference point daily, weekly, monthly and yearly to TF we want to use.
So far we have discussed how to analyze price movements and determine the limits of movement. I will try to summarize what we have discussed:
1. We can follow the trend of the direction of price movement by observing the average value of price movement based on a particular point of reference (points of observation) that we have determined and we use as our standard of analysis. In this discussion we use daily, weekly, monthly and yearly averages as reference points.
2. Prices always move dynamically following the rate of demand and supply that occurs in the market so as to form a certain pattern. The pattern of this price movement to simplify us for the top three types only, namely: Upward movement pattern (Up Trend), Downward movement pattern (Down Trend) and the pattern of normal movement (Flat Trend). 3. The prediction of movement limits is only calculated based on the moving average of the moving reference with the normal movement pattern (Flat Trend). The calculation of these boundaries is done by calculating the Standard Deviation of the average value of the reference movement. From what we've got this, it means that in general we have a picture or map of the currency travel that we will follow.
Furthermore, how do we enter and take advantage of the movement formed by the price yersebut. the first key I often use is .... "I will not take the city bus by jumping on the oncoming city bus, but I'll be waiting for him at the bus stops or places he will stop to transport passengers". So also with the trading we will do ... Then where is the stop ...? ...
The next question is whether only the limits we have set that are our place or point for Entry? No, those limits are only signs that tell us the levels that will be our point of attention. Well, here we need a simple trick to see when the right entry ... because if you wait for the MA for daily movement, weekly, monthly or yearly change direction then we will miss many moments or occasions. Then how? It's easy, we just monitor the price movement using a smaller reference point span of time. For example, we can monitor price movements with the help of MA 4H in H1. This means that we monitor price movements that occur within the last 4 hours ... I use SMA 4 Close and SMA 4 Open to see the direction of price movement within the last 4 hours ... Why 4 hours? Actually this is up to you .. but I sort the MA 4H in H1 to monitor price movements in more detail, the reason is that in the world of working hours the average is 8 hours per day ... and for 8 hours there is a pause or lapse of time to break .. So by choosing MA 4H to monitor price movements in more detail for me is quite logical and reasonable. Is not the market driven by humans as well? Hehehe hehehe
Regarding the condition of Flat ... it is very important to remember that never use the trend of MA which is in Flat condition as the main benchmark. MA which in flat condition ... we use to set boundaries by using BB. Then which MA should we hold as a benchmark? Use a higher MA as a benchmark and a smaller MA as a guide ... but focus only on the smaller MA ... because this Flat MA will eventually follow where the smaller MA moves ... Try to observe if BB upper or Lower from MA that Flat breakout then MA or Middle BB This will follow the direction of the small MA .... Flat conditions are ideal conditions for entry ... may conflict with what is widely touted out there .. that we should Avoid Flat conditions .. for me Flat condition is the condition that I am looking for .... So also like the question how to enter in trending conditions? Keep in mind going in trending conditions is very dangerous ... (this is also contrary to what is taught out there) .. Why? because we never know whether this trending will end or continue ... Then how does the safe entry? Look, say what we mean by trending is daily movement ... when do we go in? See the movement of 8 hours, 4 hours and 1 hour of its ... wait or search between these three points of this smaller movement that is in a condition Flat ... create BB and go through there with its BB rules Of course..
It's a long story to understand. .. because its usefulness is only to be seen only deviation point2 which formed SD1, SD2 and SD3 it if formed flat ... then that line as reference of OP and TP us or we call stop bus stop ... even though use any additional indicator ... if right on the deviation line2 then we Entry at pointing Down or at Pointing Up MA small ....... because it became the Law of SR when Flat ... looking wrote which flat whether MA annual, Monthly, Weekly, Daily, 8hour , 4 hours .. then we plot his BB ... sorted ... this is the most simple. and how PA movement moves against the average MA and its deviation can be seen here
seawave_slide_4.zip (https://c.mql5.com/3/150/seawave_slide_4.zip)
The example I call in FLAT condition ....... At GOLD Current state .... M5 BB SMA WEEKLY FLAT At GOLD ... M30 BB SMA WEEKLY FLAT At GOLD ....H4 BB SMA 4 MONTHLY FLAT
and we see the indicator here must be Actual ... so if you are trading on H1 and in m1. m5 position indicator against PA is same ... so if we trading with more detail in m5 for example, no need to open H1 to confirmation ... because its position is same
this situation we can see clearly PA bounce between dot line SD1, SD2, and SD3 (which I call stop stops) .... Simple .... I am the auxiliary Bus stop where Bus (PA) goes ... ( Trade what You see not what You wish) .. and trend your true friend
