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5) BB+MA Technique & Methods by Oma Ally & Roohi Adnan (Translated by Joseph Fernandez)

This document provides steps for identifying trading setups based on trend identification and candlestick patterns on different time frames. Specifically: 1. Check the H1 and H4 charts to identify if the trend is up, down, or sideways based on where the candlestick is in relation to the MA50 and middle BB. 2. Once the overall trend is identified, check the M15 chart for potential trade setups. For a downtrend on the higher time frames, look for sell setups based on the candlestick breaking below the top BB and MA5. 3. The best sell signals occur when the candlestick closes below the top BB and MA5 red after breaking the top BB when it

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Yoga Puruhita
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2K views1 page

5) BB+MA Technique & Methods by Oma Ally & Roohi Adnan (Translated by Joseph Fernandez)

This document provides steps for identifying trading setups based on trend identification and candlestick patterns on different time frames. Specifically: 1. Check the H1 and H4 charts to identify if the trend is up, down, or sideways based on where the candlestick is in relation to the MA50 and middle BB. 2. Once the overall trend is identified, check the M15 chart for potential trade setups. For a downtrend on the higher time frames, look for sell setups based on the candlestick breaking below the top BB and MA5. 3. The best sell signals occur when the candlestick closes below the top BB and MA5 red after breaking the top BB when it

Uploaded by

Yoga Puruhita
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Steps to identify setup for trading.....

1. Open TF H1 & H4 chart Look at the MA50 and the Middle BB in order to indentify an UpTrend or a DownTrend

1. UpTrend CandleStick is above MA50 and the Middle BB


2. DownTrend CandleStick is below MA50 and the Middle BB
3. Sideways MA50 is sideways, close to the Middle BB and the CandleStick would be situated close to the Middle BB & MA50.
4. Sometimes, the CandleStick would be situated below the MA50 but above the Middle BB, therefore it is also considered
Sideways. Mostly at this time, the Middle BB would be sideways.

2. Once the trend has been identified, open TF M15 chart

Example : Lets say the Trend in TF H1/H4 is a DownTrend. Therefore, we only await for Sell positions only and ignore Buy
positions (If you would still like to open Buy positions, it is permissable, but you would need to know at which point to
TakeProfit)

1. Sell CandleStick breaks the Top BB and Top BB is horizontal/sideways. MA5 Red exceeds the Top BB and CandleStick
closes below the Top BB and the MA5 Red. This scenario would be the best Sell Signals.
2. Sell CandleStick breaks the Top BB and BB is horizontal/sideways but MA5 does not exceed the Top BB and CandleStick
closes below Top BB and MA5 Red. This would also be a good scenario for Sell Signals.
3. Sell When MA50 is situated near Top BB or Middle BB. CandleStick tries to break past it but is not able to and
subsequently closes below MA50 and BB (Middle or Top). If MA50 at Top BB, it is best Sell Signal. If MA50 is at Middle BB,
Sell position can be made but becareful of the TakeProfit point and do not be greedy.
4. When CandleStick breaks MA5 Red and Top BB when MA5 Red and Top BB appears vertical, eventough the CandleStick has
closed below MA5 Red and Top BB, do not place Sell positions. In this situation, it shows that the price is still about to go
up, therefore wait until the CandleStick stops breaking the Top BB, as this is the moment a retracement will happen. This
technique and situation requires deep understanding and extra observation is needed when placing positions.

Note:

I advice to follow Method 1, 2 and 3 if you are still unsure regarding the BB+MA technique, but if you feel you do
understand this technique, try testing Method 4, preferably on a DEMO Account.
If Method 1, 2 and 3 is followed correctly, InsyaAllah you will always be successfull.
For advanced traders, this same method can be applied for Buy positions eventough the Trend on TF H1 and H4 is a
DownTrend. The only thing is, you should understand that you are trading agaisnt the current, therefore, the TakeProfit will
not always reach the Top BB. Setting the TakeProfit at the Middle BB would also be considered ok.
Hope this explanation helps fellow traders that do not fully understand this technique.

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