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BBMA Strategy

  • #1
  • First Post: Edited Dec 24, 2023 7:03am Dec 23, 2023 3:17am | Edited Dec 24, 2023 7:03am
Edit: If you want to search for strategies with a high prooven winrate; here s my top list:
Youtube Channels - The good and the bad ones | Forex Factory
Information about this Strategy is just like searching in a horror cabinet... so I decided to put it here together....
Feel free to do the fine tuning...
I have done in another thread the fine tuning for the ReEntry... feel free to do/write it for the other cases...


Video:
Inserted Video

Conditions for entries:

  1. Extreme Spree (Extreme Sell/Buy):

    1. Condition: The ME5 high passes the top Bollinger band.
    2. Strategy: Execute an extreme sell order when ME5 high passes the top Bollinger band during an uptrend.




  2. Momentum Halt:

    1. Condition: New momentum candle cannot close below the top Bollinger band.
    2. Strategy: Place a sell order when the new momentum candle cannot break through the resistance of the top Bollinger band.




  3. Candlestick Pot (CSK - Candlestick Sell/Buy):

    1. Condition: New candlestick closes over the middle band and ME5 or ME10 is low/high.
    2. Strategy: Wait for price to reverse to ME10 high/low before selling or buying.




  4. Momentum Spray:

    1. Condition: Price crosses over the top Bollinger band with full body closure, and ME5/ME10 is inside the Bollinger band.
    2. Strategy: Place a trade after price retraces to ME5 low/ME10 low.




  5. Re-Entry:

    1. Strategy: After a significant move, switch to a smaller timeframe for potential re-entries based on the established conditions.





Conditions for exits:

  1. Extreme Spree (Extreme Sell/Buy):

    1. Stop-loss: Not more than 30 pips.
    2. Take-profit: ME5 high + ME10 high for extreme sell; ME10 low for extreme buy.




  2. Momentum Halt:

    1. Stop-loss: Not specified.
    2. Take-profit: ME5 high for TP1, ME10 low for TP2.




  3. Candlestick Pot (CSK - Candlestick Sell/Buy):

    1. Stop-loss: 30 pips for major pairs; 40 pips for gold.
    2. Take-profit: ME5 high or ME5 low.




  4. Momentum Spray:

    1. Stop-loss: 30 pips.
    2. Take-profit: ME5 high or ME5 low.




  5. Re-Entry:

    1. No specific details on stop-loss or take-profit for re-entry trades.




Vucking good EA coder... https://t.ly/AZjRM
  • #2
  • Dec 23, 2023 3:01pm Dec 23, 2023 3:01pm
One weakness: Trend is over when you have trades.... on D1 you have a candle in a certain direction... but next day complete vice versa!
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Vucking good EA coder... https://t.ly/AZjRM
  • #3
  • Dec 23, 2023 3:05pm Dec 23, 2023 3:05pm
2nd weekness... on a long trend.... no entrys... bad concept.... look here:
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Vucking good EA coder... https://t.ly/AZjRM
  • #4
  • Dec 23, 2023 3:06pm Dec 23, 2023 3:06pm
Hope everyone sees this is just for:
Attached Image
Vucking good EA coder... https://t.ly/AZjRM
  • #5
  • Dec 23, 2023 3:07pm Dec 23, 2023 3:07pm
Im out... sorry...... I m sure this strategy does NOT make any money.....
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Vucking good EA coder... https://t.ly/AZjRM
  • #6
  • Dec 23, 2023 3:11pm Dec 23, 2023 3:11pm
We can work on changing the entries:
Earlier enter than BB other side.... I ll do this.....
Anyone NOT only reading and being lazy... put on Ur superman/woman dress and tell me ideas...
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Vucking good EA coder... https://t.ly/AZjRM
  • #7
  • Dec 24, 2023 1:24am Dec 24, 2023 1:24am
Quoting reteid2222
We can work on changing the entries: Earlier enter than BB other side.... I ll do this..... Anyone NOT only reading and being lazy... put on Ur superman/woman dress and tell me ideas... {image}
Hi Reteid,

I can't beleive you waste your time on this Crap it's all over Youtube

The people Posting this are only INterested in Attracting New Traders to Click and Watch their Videos for the Revenue it Produces

You are only adding to their Bottom Line by Re-Posting their Videos

If you want to watch a Video that gives GOOD ADVICE watch this one
Inserted Video
  • #8
  • Dec 24, 2023 1:55am Dec 24, 2023 1:55am
Hi,
No strategy, whether here or on other forums, makes money. really brings in money, sustainably. None ! And I've been interested in it for over 20 years

Happy New Year everybody
Jean-François
  • #9
  • Dec 24, 2023 2:32am Dec 24, 2023 2:32am
Quoting le celte
Hi, No strategy, whether here or on other forums, makes money. really brings in money, sustainably. None ! And I've been interested in it for over 20 years Happy New Year everybody Jean-François
It's the mind that determines whether we succeed in the markets in the long run. Strategy is subordinate. Trading is not for everone. It takes a special person.

Happy holidays.
BT
  • #10
  • Dec 24, 2023 2:57am Dec 24, 2023 2:57am
Quoting stevepatt
{quote} Hi Reteid, I can't beleive you waste your time on this Crap it's all over Youtube The people Posting this are only INterested in Attracting New Traders to Click and Watch their Videos for the Revenue it Produces You are only adding to their Bottom Line by Re-Posting their Videos If you want to watch a Video that gives GOOD ADVICE watch this one https://www.youtube.com/watch?v=jy4k_GVLEko&t=933s
Normally I only look for prooven strategies... this one was because it was a popular, with "high win rate", a guy here sells a dashboard for this thing... so I was interested.....
Vucking good EA coder... https://t.ly/AZjRM
  • #11
  • Dec 24, 2023 2:59am Dec 24, 2023 2:59am
Quoting le celte
Hi, No strategy, whether here or on other forums, makes money. really brings in money, sustainably. None ! And I've been interested in it for over 20 years Happy New Year everybody Jean-François
Look at my youtube channel comparison thread... there are several who calculate the strategies.... that s a good start filtering strategies and channels...
Greetings R
Vucking good EA coder... https://t.ly/AZjRM
  • #12
  • Dec 24, 2023 4:38am Dec 24, 2023 4:38am
Quoting reteid2222
{quote} Normally I only look for prooven strategies... this one was because it was a popular, with "high win rate", a guy here sells a dashboard for this thing... so I was interested.....

Hi Reteid,

Someone Posting on Forex Factory Sells a Dashboard for one of this Guys https://www.youtube.com/@Tradevox/videos many Stratigies. Are people really that Gullible

Can you find any Evidence it has a High Win Rate? Because I would be very Doubtful if that Stratagy has a Long Term History of Winning

There are so many Channels on Youtube,like this, they are just trying to Draw in New Traders to Click on their Videos for the Revenue it Generates, I know I am Repeating myself. This guy must think it's Christmas, Ho Shit it is Christmas, that someone has Tagged his Video to Forex Factory

Is there any of these Videos that you have actually been able to make WORK and Generates an Income from Trading IT????

EDIT: Yes this is his Highest Viewed Video 8.1K

His ULTIMATE Videos have the Highest amount of Views the others Average around 500 Views
  • #13
  • Dec 24, 2023 4:40am Dec 24, 2023 4:40am
Quoting le celte
Hi, No strategy, whether here or on other forums, makes money. really brings in money, sustainably. None ! And I've been interested in it for over 20 years Happy New Year everybody Jean-François
And on the three main forums that I frequent (20 years), I don't know anyone, I mean no one, who is a lasting winner. Worse, everyone ultimately lost money.
You still need to be a little lucid
Cheers
  • #14
  • Dec 24, 2023 5:22am Dec 24, 2023 5:22am
Quoting le celte
{quote} And on the three main forums that I frequent (20 years), I don't know anyone, I mean no one, who is a lasting winner. Worse, everyone ultimately lost money. You still need to be a little lucid Cheers

Hi Le Celte,

No one will make a Success from Trading any System or Method, or anything else for that matter, that they have not Developed themselves

For somethoig to work you have to have Developed it from the Ground Up and know it Inside Out. No of the Peg System is going to work for anyone other than for the Person who Created it.

No one and I mean no one is going to make it in Trading without becoming an Independent Thinker and Creating their Own Method that they Make Work for them

How you do that ius up to YOU
  • #15
  • Dec 24, 2023 5:53am Dec 24, 2023 5:53am
Quoting stevepatt
{quote} Salut Le Celte, Personne ne réussira en échangeant un système ou une méthode, ou quoi que ce soit d'autre, qu'il n'a pas lui-même développé. Pour que quelque chose fonctionne, vous devez l'avoir développé. de A à Z et sachez-le de fond en comble. Aucun système Peg ne fonctionnera pour quelqu'un d'autre que pour la personne qui l'a créé. Personne et je veux dire que personne ne réussira dans le trading sans devenir un penseur indépendant et créer sa propre méthode qu'il fait fonctionner pour lui. Comment faire cela, c'est à VOUS
Hi,

And I don't know anyone who, having developed their own method, is truly a winner in the long term. Maybe it exists? I don't know any and I don't believe it. At least not on these forums!
The best methods, systems, found on the Bunker forum. And by far the best
jf
  • #16
  • Dec 24, 2023 6:42am Dec 24, 2023 6:42am
Quoting le celte
{quote} Hi, And I don't know anyone who, having developed their own method, is truly a winner in the long term. Maybe it exists? I don't know any and I don't believe it. At least not on these forums! The best methods, systems, found on the Bunker forum. And by far the best jf

Hi, JF

Ask yourself a Very Important Qusetion

WHY DO I WANT TO TRADE?

If it is to make Money then it will very Rarely Work.

If the answer to that Question is because I Enjoy it and I want to become as good a Trader as I Possible can Become then Money becomes a Consequence of learning how to Trade.

If you don't think something is Possible then IT ISN'T going to Happen for YOU

I'm really INTERESTED to Hear YOUR Response........
  • #17
  • Dec 24, 2023 7:12am Dec 24, 2023 7:12am
Quoting stevepatt
{quote} ... Je suis vraiment INTÉRESSÉ d'entendre VOTRE réponse........
Excuse me, especially during this holiday season, but I've never heard such a stupid question. Who do you think you are. Perhaps you have THE truth? A little humility in your statements please.
I haven't traded in real for a long time.
I do not wish. I no longer wish to respond to you....

Happy Holidays to you and everyone here
Jean-François
  • #18
  • Dec 24, 2023 7:35am Dec 24, 2023 7:35am
Quoting le celte
{quote} Excuse me, especially during this holiday season, but I've never heard such a stupid question. Who do you think you are. Perhaps you have THE truth? A little humility in your statements please. I haven't traded in real for a long time. I do not wish. I no longer wish to respond to you.... Happy Holidays to you and everyone here Jean-François
Hi Jean-Francois,

I had no Intention to come across as being Arrogant, lost in Translation I Guess.

It is a Valid Question that eveyone Trading should ask themselves

I don't understand why you hang around if you are no longer interested in Trading.

Happy Christmas to you also and everyone here.
  • #19
  • Dec 24, 2023 10:13am Dec 24, 2023 10:13am
Caveat:

I have tried very hard to make it:
The conditions mentioned in this strategy never take place for any time frame if you are trading the most popular and the most liquid futures instrument ES.

Merry Christmas to everybody !
  • #20
  • Dec 24, 2023 10:31am Dec 24, 2023 10:31am
Quoting Eurorally
Caveat: I have tried very hard to make it: The conditions mentioned in this strategy never take place for any time frame if you are trading the most popular and the most liquid futures instrument ES. Merry Christmas to everybody !
Clarification of my previous post:

The idea of extremes and trading in a horizontal market is in principle correct.
It is the correct implementation that must be entirely different.

I am not trying to be in an adversary position but I have been at it for 8.5 years: Whenever an author says "I have been testing this strategy for the past several days," there is by definition no statistically significant experience and no statistically significant results to confirm or deny the efficacy of the strategy.

Merry Christmas to everybody again !
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