The i-AMMA.ex4, DiDi_Index.ex4 and the BBWin.ex4 custom MT4 indicators are technical studies that are integrated into the activity chart to produce what is known as the BBWin FX strategy.
The strategy is easy to adopt and the rules are quite simple to watch out.
Chart Setup
MetaTrader4 Indicators: i-AMMA.ex4 (default setting), DiDi_Index.ex4 (default setting), BBWin.ex4 (default setting)
Preferred Time Frame(s): 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hour
Recommended Trading Sessions: Any
Currency Pairs: Any pair
Download
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Buy Trade Example
Fig. 1.0
Strategy
Long Entry Rules
Enter a buy in the market if the following chart or indicator patterns are in display:
If the gold line of the i-AMMA.ex4 custom indicator is aligned below price bars, with price opening and closing above it, then price is said to be bullish i.e. a buy signal.
If the lines of the DiDi_Index.ex4 indicator crosses, with the blue line breaking above the 0.00 signal level, price is said to be bullish i.e. a long entry is suitable.
If the black histogram lined with red, and the lime line of the BBWin.ex4 indicator breaks above the 0.00 signal level as seen on Fig. 1.0, price is aid to be bullish i.e. a buy signal.
Stop Loss for Buy Entry: Place stop loss 3 pips below immediate support.
Exit Strategy/Take Profit for Buy Entry
Exit or take profit in line with the following criteria:
If price closes below the gold line of the i-AMMA custom indicator, it is a signal to exit or take profit accordingly.
If the lines of the DiDi_Index.ex4 custom indicator crosses, with the blue line breaking below the 0.00 signal level during an uptrend, an exit or take profit is advised.
If the black histogram lined with red, and the lime line of the BBWin.ex4 indicator breaks below the 0.00 signal level, it is a trigger to exit or take profit.
Sell Entry Rules
Initiate a sell position/order if the following conditions or rules holds true:
If the gold line of the i-AMMA.ex4 custom indicator is aligned above price bars, with price opening and closing below the line, price is said to be bearish i.e. a sell signal.
If the lines of the DiDi_Index.ex4 custom indicator crosses, with the blue line breaking below the 0.00 signal level, price is said to be bearish i.e. a sell trigger.
If the black histogram lined with red, and the lime line of the BBWin.ex4 indicator breaks below the 0.00 signal level as seen on Fig. 1.1, price is aid to be bearish i.e. a sell signal.
Stop Loss for Sell Entry: Place stop loss above 3 pips immediate resistance.
Exit Strategy/Take Profit for Sell Entry
Exit or take profit if the following rules or conditions hold sway:
If price closes above the gold line of the i-AMMA custom indicator, it is a trigger to exit or take profit accordingly.
If the lines of the DiDi_Index.ex4 custom indicator crosses, with the blue line breaking above the 0.00 signal level during an uptrend, an exit or take profit is advised.
If the black histogram lined with red, and the lime line of the BBWin.ex4 indicator breaks above the 0.00 signal level, it is a trigger to exit or take profit.
Sell Trade Example
Fig. 1.1
Free Download
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About The Trading Indicators
The i-AMMA is a 25-day Average Modified Moving Average that is deployed as a filter.
The DiDi_Index.ex4 custom indicator on the other hand was designed by Odir Aguiar (Didi) a Brazilian analysts, and consists of “Moving Averages” which enables it visualize reversal points.
The BBWin.ex4 custom indicator is an indicator that is made up of Bollinger Bands indicator along with trend lines in a separate window.
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