The entire BBMA system relies on a specific combination of Bollinger Bands and Moving Averages. You must configure your charting software (like MetaTrader 4 or 5) with these exact parameters. Bollinger Bands (BB)
MHV confirms that the buyers or sellers are exhausted, setting the stage for a major reversal. Setup 3: Re-Entry
Place your stop-loss just beyond the opposite Bollinger Band or the recent structural high/low. Why Traders Search for the BBMA Oma Ally PDF
The MHV pattern often manifests visually as formations. Traders are advised not to rush this signal, as a failed MHV can cause a deeper retracement. The proper technique is to mark every new high that fails to break the previous Top/Low BB.