BBMA Oma Ally Labels

4.78
indicators to facilitate analysis based on Oma Ally's BBMA strategy by displaying CSAK (CSD), CSM and Extreme labels on the chart
1. Displays the Bollinger Band line
2. LWMA 5-10 High and Low
3. EMA 50
4. Fibonacci
5. MHV . area

6. Alert & Show labels

BBMA consists of the use of 2 indicators:

  1. Moving Averages
  2. Bollinger Bands

 

BBMA consists of 3 types of entries:

  1. Extreme
  2. MHV
  3. Re-Entry

 

Moving Average Settings:

There are 5 MAs used in the system:

2 High Moving Averages, 2 Low Moving Averages and 1 Exponential Moving Average.

  1. MA 5 HIGH
  2. MA 10 HIGH
  3. MA5 LOW
  4. MA10 LOW
  5. EXPONENTIAL MA 50

Bollinger Band Settings:

Period = 20

Shift = 0

Deviations = 2

Apply to = Close

 

Understanding the Moving Averages:

  1. Downtrend: MA 5/10 HIGH is above the candles
    • MA 5/10 LOW goes through the candles
    • MA 10 HIGH is above MA 5 HIGH
    • MA 10 LOW is above MA 5 LOW
  2. Uptrend: MA 5/10 LOW is below the candles
    • MA 5/10 HIGH goes through the candles
    • MA 5 HIGH is above MA 10 HIGH
    • MA 5 LOW is above MA 10 LOW

 

Note :

The above MA are only used to help determine trends use the MA50 on a daily chart to help and get confirmation of the trend. When the market is above the MA50 price is said to be in an uptrend. When the market is below the MA50 price is said to be in a down trend.

MAs can also act as support and resistance.

 

Understanding Bollinger Bands:

Downtrend: Candles are below the MID BB

Uptrend: Candles are above the MID BB

MID BB: MID BB acts as support and resistance as well.

 

BBMA Entry Types:

  1. Extreme
  2. MHV
  3. Re-Entry
  4. CS Direction
  5. CS Momentum

"In-depth knowledge of BBMA Oma Ally strategy is needed"

More complete features are in the following products

BBMA Oma Ally Analyzer Dashboard EA







Reviews 11
sunhuanhuana
106
sunhuanhuana 2024.06.11 11:30 
 

非常好的指标，五星好评 ，但是对于其中在图表上显示的这些字符理解不夠，希望你可给注释一下，万分感谢！TPW.MHV.CSE.CSM.CSAK.EXT.FS.Dir.

Super_Bejo
34
Super_Bejo 2023.02.06 06:01 
 

sangat sangat membantu Kang

Musyafa Ahmad Arfani
152
Musyafa Ahmad Arfani 2022.12.13 21:58 
 

Seem Amazing

This indicator and the strategy oma ally was make money for me for over 100% per day without MM hehe

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Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
PRO Renko System
Oleg Rodin
5 (31)
Indicators
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
WaveTheoryFully automatic calculation
Kaijun Wang
5 (4)
Indicators
This indicator is an indicator for automatic wave analysis that is perfect for practical trading! Case... Note:   I am not used to the Western name for wave classification. Influenced by the naming habit of Chaos Theory (Chanzhongshuochan), I named the basic wave as   pen   , the secondary wave band as   segment   , and the segment with trend direction   as main trend segment   (this naming method will be used in future notes, let me tell you in advance), but the algorithm is not closely relate
Non Repaint Trend Bands
Ravshan Chuliev
5 (1)
Indicators
Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
M W Pattern Pro
Noiros Tech
4.14 (7)
Indicators
M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hits TP
Extreme Value Sniper MT4
Elmira Memish
Indicators
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
TrendMaestro
Stefano Frisetti
4 (4)
Indicators
Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a
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Bbma mtf Scanner Dashboard
Moch Ramdhan
5 (3)
Indicators
This is a Multi pair and Multi time frame dashboard. The founder of the system is Mr. Oma Ally, which is a system based from Bollinger Band and Moving Average(BBMA). BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of 3 types of entries: Extreme MHV Re-Entry Rejection EMA50 This Dashboard Help you to scan current Extreme, Reentry setup, Rejection EMA50 and also MHV How to read signals: find the same color in 3 different timeframes in succession For exampl
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BBMA Oma Ally Signals Scanner
Moch Ramdhan
1 (1)
Utilities
BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry
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youngweijun
58
youngweijun 2025.12.09 05:32 
 

it's pretty good on mt4. Can you build the same for mt5 please?

mibuchan
24
mibuchan 2025.04.08 15:45 
 

User didn't leave any comment to the rating

gema go
18
gema go 2024.11.11 06:37 
 

I like this new version. That all I want. it can appear and disappear the BB and MA, the line is thinner so it's doesn't cover the candle. I have been using this indicator for a long time. this saves my time to make this indicator. thank you

sunhuanhuana
106
sunhuanhuana 2024.06.11 11:30 
 

非常好的指标，五星好评 ，但是对于其中在图表上显示的这些字符理解不夠，希望你可给注释一下，万分感谢！TPW.MHV.CSE.CSM.CSAK.EXT.FS.Dir.

azizbintarti
14
azizbintarti 2023.09.18 03:48 
 

pls advise what is FS

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2023.09.19 10:43
It is Full Setup/Complete Cycle
First reentry after CSAK/CSM
Indah Hikmawati
18
Indah Hikmawati 2023.07.14 08:28 
 

ni coba tak pasang, cuman untuk labelnya kok nggak muncul ya bang

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2023.07.14 08:34
Aktifkan di dalam setingan nya
Super_Bejo
34
Super_Bejo 2023.02.06 06:01 
 

sangat sangat membantu Kang

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2023.03.31 23:08
alhamdulillah, salam profit ya kang
amin13eko
434
amin13eko 2023.02.02 17:15 
 

User didn't leave any comment to the rating

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2023.03.31 23:08
thank you
Musyafa Ahmad Arfani
152
Musyafa Ahmad Arfani 2022.12.13 21:58 
 

Seem Amazing

This indicator and the strategy oma ally was make money for me for over 100% per day without MM hehe

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2023.03.31 23:08
glad to know that, cheers up
Jaydeep Jaganbhai Patel
342
Jaydeep Jaganbhai Patel 2022.07.20 14:04 
 

Very good product. Thanks Moch Ramdhan

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2023.03.31 23:09
my pleasure
Abraham Correa
4722
Abraham Correa 2022.07.15 22:17 
 

Interesting strategy; completely valid, my respects!

Moch Ramdhan
9303
Reply from developer Moch Ramdhan 2022.07.19 02:54
may be useful
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