BBMA Reentry Trading System

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 fans of this method and a reference for sharing daily analysis.

lets start by explaining about the tools:
WMA 5 (Weighted Moving Averages) apply to high
WMA 5 apply to low
WMA 10 apply to high
WMA 10 apply to low
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Bollinger Bands 20, Deviation 2
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EMA50 - SMA200

this is how it looks:


Actually on this system we are using "overlapping or clustering" of MAs and Bband in multiple time frames. and then assume it as a strong reversal area and S&R level. i use 3 time frame in order, assume the highest time frame as #1, middle time frame as #2 and lowest time frame as #3
the only important point here is time frames must be in order, for example D1>H4>H1 // H4>H1>M15 // MN1>W1>D1 // and etc. (just ignore the M30). you can do it on all time frames, based on you want to be a scalper or a swing trader.

Entry Conditions:
for a sell position,
at time frame #1, price must touch the WMA5 high/or MidBB from the bottom (MidBB i mean middle bollinger band that is SMA20) - it help us to trade only in the direction of trend
at time frame #2, price must touch the upper band or must be above the upper band (Above the TopBB, or touch the Flat TopBB) without a momentum candle
at time frame #3, again price must touch the upper band or must be above the upper band (Above the TopBB, or touch the Flat TopBB) without a momentum candle
and yes you can use any other S&R tools for make it more confident, like simple trendline, simple S&R lines, or Pivots,even i remember one of my friends use Harmonic patterns as a trigger of Reentry setup.

for buy position everything would be wise versa.

Exit Conditions:
SL > on our sell scenario, place it above the WMA/ or MidBB in time frame #1 (this is our main resistance and reason for entry)
BE > Break Even your position on touch of the opposite band in time frame #3
First TP > Opposite WMA5 in the time frame #1 (in a sell scenario or entry in WMA5_high and our first TP is opposite WMA5 which is WMA5_low)
Final TP > Fib 1.272 of the last recent pullback

lets see an example, here i have a support from WMA5 apply to low in D1, in H4 price is below Low BB, in H1 also price is below Low BB, so you open a buy.later instead of telling"price below LowBB", we say: "price is extreme buy"



TP is 1.272 of this last pullback to WMA, but it can br your first TP and then let the stop Trail price:

ok, for now i have a sell on gold, based on H4>Reentry sell (price is on resistance of WMA high), H1> extreme sell (its on flat TopBB), m15> extreme sell:

Current active Reentrys: (Reds> Reentry sell / Blues> Reentry buy)

i use this dashboard for findings reentrys, but im not sure can i share it here or not because of copy right rules or FF rules, you can find it on market (Reentry Dashboard), i will try to upload it each day here.

another position i had, weekly Reentry sell on AUDCHF, as this timeframe is too big for my account, i set the TP on my BE point

opposite band in m15 meet, its time to BE and let it ride

recent signal, Reentry sell on NZDUSD H4:

Potential strategy and it seems different from the original OmaAli's strategy . could you please share the template as well ? so all the screenshots from users will be in the same type .

hi vialdi, good idea i attached my template here,
yes you are right i made some modifications to the main method, i mostly prefer to use only FLAT bands and i enter on touch of the bands, i will send my ideas here during the time and you would be more familiar with my personalized setup, as you also use BBMA, please feel free to share your ideas and analysis here, this topic opened for people like you for dissolution.

i closed my AUDCHF sell with +50pip, it have potential to go more and more downside, but weekly time frame needs more patient that is not match to my balance.

possible current active Reentrys:

Thanks, Amir.sfx for an inspiring thread. Well, he templet isn't working. undownloadable. Kindly are you able to upload the indicators and templets so that we can follow through well, would appreciate.

today lets sell GBPAUD, its a daily Reentry sell>H4 extreme sell > H1 extreme sell

Let's see what will happen with this REE code .

Say Hello From Amir to Amir : )
موفق باشی هم وطن : )

hi wesonga, i try to upload the template again on this post, about the indicators, all of them are default meta trader indicators, we use only moving averages and bollinger band.


for pivots also i use attached indicator, but all the other pivots indicators are good too. also some one may use another PA tools for confirmation, like trend lines and etc.

happy to see you here bro

exactly!

Hi, Amir Kindly asking how you handle this kind of situation. did all as you explained. 4hr is on re test, 1 hr has touched the other part of bb

hi Wesonga, thanks for sharing your chart. i myself use some confirmations, for example most of the time i use Pivots (Daily-weekly-monthly based on time frame that you find Reentry), make sure Reentry S & R zone be exactly on one of the pivot lines too. you can also use trend lines too, here look at your CADJPY trade, it continue to downside until it meet the next pivot:

play with your tools (most important leading tools like price action tools and etc) maybe you find another more simpler tool for increasing the accuracy.

im out of this trade at BE. check the first post where i explained when to BE