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BBMA strategy by Oma Ally

  • #121
  • Jan 7, 2018 5:03am Jan 7, 2018 5:03am
More webinars in english enjoy !
https://www.youtube.com/watch?v=Bso1DjMMQJk
https://www.youtube.com/watch?v=nHPjFG4Yl_I
https://www.youtube.com/watch?v=GQxKXq5jPe0
https://www.youtube.com/watch?v=3b48ItcwOY0&t=1232s
  • #122
  • Edited 7:11am Jan 7, 2018 6:53am | Edited 7:11am
EA is being coded, just testing separate segments..

Test of 2 versions of "Extreme A" in EURUSD over 2 years on M15. I've read in some places that multiple rules must be satisfied (I've called this "True" Extreme), and in others that the MA5 just needs to break the upper/lower BB (I've called this "Simple" Extreme):

Simple;
Ruleset:
Inserted Code
//+------------------------------------------------------------------+
//| Extreme (Simple)    
//| -------                                                    
//| Just looks for an MA5 breakout of upper/lower BB.
//+------------------------------------------------------------------+
Monetary = SL/TP both at 30 pips, exit trade at MA10, all trades 0.01 lots
https://i.imgur.com/J5jH1f4.png

True (as per PDF on first page);
Inserted Code
//+------------------------------------------------------------------+
//| Extreme    
//| -------                                                    
//| 1. MA5 HIGH (RED) breaks the TOP BB.
//| 2. Candles Stick (CS) reverses and closes within the TOP BB.
//| 3. Candle Stick (CS) retests MA5 HIGH (RED) or Zone Line of Fire (KILLZONE) – this is the ENTRY POINT. (using a 5 candle scan range to find a candle breaking this. Waits for price to test, and then go back below (or above for a buy) the KillZone)
//| 4. TP at MA5 LOW (MAGENTA) for safety (using this at MA10)
//|
//| NOTE: Extreme is an early indication for a trend reversal.
//| This is a scalping technique, your TP Range is 30-50 pips depending on the TF. (Always TP as the market direction has notbeen confirmed yet).
//| ** If CS closes outside the TOP BB then the Extreme is VOID!
//| Confirm direction when MHV and CS Momentum takes place.
//| Always back test and confirm on multiple TFs.
//| SL can be placed a few pips above the Highest Shadow/Wick. (SL is static)
//+------------------------------------------------------------------+
Monetary = SL/TP both at 30 pips, exit trade at MA10, all trades 0.01 lots
https://i.imgur.com/DzdUsK5.png

With a ~1:2 ratio of average profit:average loss, we get a 70.6% win rate on "True" compared to a 63.3% win rate on "Simple". Have done the same test on GBPUSD and USDJPY, which yield very similar results:

GBPUSD :
Simple : https://i.imgur.com/S1nw0BH.png
True : https://i.imgur.com/uZv10XI.png

USDJPY :
Simple : https://i.imgur.com/HsV4OzW.png
True : https://i.imgur.com/5yQ5Rif.png

Edit: Massive thank you to BlackCat7 for the webinars posted above, can't wait to go through these!
Will code in MT5 for free.. EAs only, can't be f*cked with Indicators
  • #123
  • Jan 8, 2018 11:18am Jan 8, 2018 11:18am
Quoting BlackCat7
More webinars in english enjoy ! https://www.youtube.com/watch?v=Bso1DjMMQJk https://www.youtube.com/watch?v=nHPjFG4Yl_I https://www.youtube.com/watch?v=GQxKXq5jPe0 https://www.youtube.com/watch?v=3b48ItcwOY0&t=1232s
Thanks a millionaire n for posting these webinars
  • #124
  • Jan 8, 2018 7:47pm Jan 8, 2018 7:47pm
salam masta....tumpang belajar
Bismillah
  • #125
  • Jan 8, 2018 10:57pm Jan 8, 2018 10:57pm
ppenguinthief can you please share your ea once done coding
  • #126
  • Edited 5:05am Jan 9, 2018 4:10am | Edited 5:05am
Quoting Penguinthief
EA is being coded, just testing separate segments.. Test of 2 versions of "Extreme A" in EURUSD over 2 years on M15. I've read in some places that multiple rules must be satisfied (I've called this "True" Extreme), and in others that the MA5 just needs to break the upper/lower BB (I've called this "Simple" Extreme): Simple; Ruleset: //+------------------------------------------------------------------+ //| Extreme (Simple) //| ------- //| Just looks for an MA5 breakout of upper/lower BB. //+------------------------------------------------------------------+...
Hi, is it possible to make some kind of indicator for BBMA setups?
  • #127
  • Jan 9, 2018 6:05am Jan 9, 2018 6:05am
Quoting maxus182
{quote} Hi, is it possible to make some kind of indicator for BBMA setups?
Hi chk post nbr 30 ..Indicator is already there
  • #128
  • Jan 9, 2018 6:46am Jan 9, 2018 6:46am
Quoting rider2025
{quote} Hi chk post nbr 30 ..Indicator is already there
No, I meant something like an EA dashboard that will signal when an Extreme, MHV, CSM or CSAK appears (on many different pairs). That would be of real value. I know it's maybe to much to ask.
  • #129
  • Jan 9, 2018 8:54am Jan 9, 2018 8:54am
Hi all, just found this thread. Im a BBMA trader myself and hope can contribute here.

The key of understanding BBMA system :
1. Learn the diagram flow/sequence (Extreme, TP Wajib, MHV, CSAK, Reentry, CS Momentum)
2. To understand the above, study Bollinger Band and moving averages (linear weighted, exponential, sma )
2. Multi-timeframe correlation (here is where the code comes in, REE, RRE etc)
3. Backtest for better understanding

Thats it!

A little bit of hint, the KEY is Reentry setup (ride the trend). Thats where you 'based' your multi-timeframe setup.

For example, at H4 Reentry forming setup ....you need to find the correlation at H1 and m15, to find the confluence.
  • #130
  • Jan 9, 2018 9:36am Jan 9, 2018 9:36am
Quoting chrome8
Hi all, just found this thread. Im a BBMA trader myself and hope can contribute here. The key of understanding BBMA system : 1. Learn the diagram flow/sequence (Extreme, TP Wajib, MHV, CSAK, Reentry, CS Momentum) 2. To understand the above, study Bollinger Band and moving averages (linear weighted, exponential, sma ) 2. Multi-timeframe correlation (here is where the code comes in, REE, RRE etc) 3. Backtest for better understanding Thats it! A little bit of hint, the KEY is Reentry setup (ride the trend). Thats where you 'based' your multi-timeframe...

Thank you. Would you mind posting some graphs?
  • #131
  • Jan 9, 2018 9:36am Jan 9, 2018 9:36am
@ chrome , thx for postin abt this syst. = how long u hav been tradin this syst. if i may ask- - -could u post a recent trade [chart]
doin this syst. TIA for ur response !
da n0o0b + $hit_Disturber
  • #132
  • Jan 9, 2018 9:45am Jan 9, 2018 9:45am
Quoting pipsy7
@ chrome , thx for postin abt this syst. = how long u hav been tradin this syst. if i may ask- - -could u post a recent trade [chart] doin this syst. TIA for ur response !
Hi pipsy7,

about 4-5 months, still fairly news and still learning.

I made some analysis based on reentry setup today you can see the outcome. I think thats better than showing entries.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8224.PNG Size: 123 KB
  • #133
  • Jan 9, 2018 10:11am Jan 9, 2018 10:11am
BBMA Kraken Alert
Live H1 signals on telegram grupe
https://t.me/BBMACODE
  • #134
  • Jan 9, 2018 11:24am Jan 9, 2018 11:24am
@ chrome , thats on a real Live acct. right ?
da n0o0b + $hit_Disturber
  • #135
  • Jan 9, 2018 5:06pm Jan 9, 2018 5:06pm
Quoting nbelchior
{quote} 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.
Hi nbelchior,

Can I PM you? I want ot ask you where did you get the course...

Regards,

Thanks
  • #136
  • Jan 10, 2018 12:20am Jan 10, 2018 12:20am
Quoting Swnlobo
{quote} Hi nbelchior, Can I PM you? I want ot ask you where did you get the course... Regards, Thanks
Yes of course. I got the course with this guy: https://www.instagram.com/bbmadvanced/
A very nice guy.
  • #137
  • Jan 10, 2018 7:45am Jan 10, 2018 7:45am
Quoting nbelchior
{quote} Yes of course. I got the course with this guy: https://www.instagram.com/bbmadvanced/ A very nice guy.
Many Thanks nbelchior ,

All the best
  • #138
  • Jan 11, 2018 1:57am Jan 11, 2018 1:57am
Hello, thanks to your help I'm starting to understand how the strategy works. It is not clear to me how to use the multitimeframe.
For example, if I wanted to use M15, H1 and H4, where should I look for the first possible setup? On M15 or H4?
Thank you
  • #139
  • Jan 11, 2018 2:24am Jan 11, 2018 2:24am
Dear all,

I also have questions: what is MLV and CSD?

thanks

BR,
Victor
  • #140
  • Jan 11, 2018 3:02am Jan 11, 2018 3:02am
Quoting COmar.FX
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...
Completely incomprehensible. I need to determine BUY / SELL. The analysis focuses on the FLAT trend. Then the price is out of all lines.
Please excuse the bad English via Google Translate.
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