Introduction: The BBMA OMA Ally indicator is a combination of Bollinger Bands and several different moving averages. It uses the power of both indicators to provide a comprehensive and robust analysis of market trends and patterns. The indicator is based on the principle of combining trend-following and momentum indicators to generate precise buy and sell...
Found this strategy in babypips forums.babypips.com This strategy using BB and MA BBMA Oma Ally Trading Technique I’m just sharing this Forex Technique that helping me making positive result. In BBMA, BB (Bollinger Bands) act as Dynamic Support and Resistance. SETTING OF BBMA - BOLLINGER BANDS Period : 20 Deviations : 2 Shift : 0 Apply to : Close Style : Dodge...
BBMA OA is a trading technique and strategy invented by Technical Analysis guru, Mr Oma Ally. It consists of : 1. WMA 5 High 2. WMA 10 High 3. WMA 5 Low 4. WMA 10 Low 5. Bollinger Band ( Standard Setting ) 6. EMA 50 ( Purple Line ) 7. SMA200 ( Red Line ) There are many rules for entry, Take Profit (TP) and reentry etc from this technique. For the introduction,...
Based on trading technique by Mr Oma Ally, Technical Analysis Guru. 1. Bollinger Band - standard setting, MA20, Dev = 2 2. EMA 50 ( Line Color = Aqua ) 3. WMA High ( wma5 High and wma10 High ) Area Pink : WMA5 High < WMA10 High Area Gray : WMA5 High > WMA10 High 4. WMA Low ( wma5 Low and wma10 Low ) Area Green : WMA5 Low > WMA10 Low Area Gray :...
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. Detection: -CSM -RE-ENTRY (BUY/SELL) -ALIEN Candle -EXTREME (BUY/SELL) Please report bug or issue to author.
bolinger bands, ma's, csd, extremes, inside/outside bars. If You like it click thumbs up.