TECHNIQUE “Cosigliere Twin BBMA” CHAPTER 1
1.INTRODUCTION What is “Cosigliere Twin BBMA” or also known “Advisor Twin BBMA”. This technique is to identify market trend with the assistant of the BB & MA indicator as advisor to trader. It communicate to traders to show SIGNALS of BUY and SELL which is useful to traders. Traders need to understand what heve being convey by the adviser. 2. HOW? How to understand your advisor (Cosigliere)? You need,to know the characteristics of your advisor in depth and make the advisor the loyal companion to you. What are the characteristics of your advisor (Cosigliere)? 3.WHAT? What is the characteristics of your advisor? The characteristics of your advisor are surely having BB and MA. What is BB? And what is MA? Let us know the advisor in depth? BB is known as "BOLINGER BANDS" and MA is known as "MOVING AVERAGE". To know the rest, let us read chapter 2 "Cosigliere Twin BBMA".
CHAPTER 2
1.SETTING "Cosigliere Twin BBMA" technique has 2 types of BB and 4 types of MA. 1. 2. 3. 4. 5. 6.
EMA50 – MA/ Period 50/ Exponetial/ Apply to Close – YELLOW EMA100 – MA/ Period 100/ Exponetial/ Apply to Close- ORANGE-RED EMA5 – MA/ Period 5/ Exponetial/ Apply to Close- AQUA EMA10 – MA/ Period 10/ Exponential/ Apply to Close – MAGENTA BB1 – Period 20/ Dev 1/ Apply to Close - GREY BB2 – Period 20/ Dev 2/ Apply to Close - BLUE
2.BASIC USE 1. EMA50/ Exponetial/ Apply to Close – YELLOW - to identify basic trend in all TF (time frame) - if CS (candlestick) is situated above line EMA50 then the trend is BUY. - if CS (candlestick) is situated below line EMA50 then the trend is SELL. - Refer to 2.1A chart below.
EMA50
(2.1A chart)
2. EMA 100 Exponetial/ Apply to Close- ORANGE-RED - to identify the confirmation and continuity of basic trend in all TF (time frame). - crossover is required, whereby EMA50 crossover EMA100 which indicate the continuity to BUY trend or SELL trend has been confirmed by both these EMA’s. - Crossover is identified at BLUE box. Refer 2.2A chart below.
(2.2A chart) -EMA50&EMA100 EMA 50 and EMA 100 are known as BOSS TREND couple (BT)
3. EMA5 – MA/ Period 5/ Exponetial/ Apply to Close- AQUA -place of price to ENTRY as to whether BUY or SELL. -is use as guidance to see price BUY or SELL -ENTRY at EMA5 is also a moving entry. -Refer to 2.3A chart below as example of price BUY and SELL
4. EMA10 – MA/ Period 10/ Exponential/ Apply to Close – MAGENTA -EMA 10 is added to know the CHANGE from entry BUY to SELL or otherwise. -EMA10 is required to CROSSOVER withEMA5 when BUY or SELL is happening -EMA10 is also used to place entry and to count STOP LOSS(SL) from the price of EMA10 but not to put SL at EMA10. -refer 2.4A chart for better understanding. CROSSOVER is marked at the blue box.
EMA5 & EMA10 are known as PRICE TREND (PT)
(2.4A chart)
*COUPLE BT & PT are known TWIN EMA
5.
BB1 – Period 20/ Dev 1/ Apply to Close - GREY -BB1 is smaller BB trend functioning as a regular trend which controls the couple PRICE TREND(PT) - BB1 is also part of trend BB2. - having 3 lines, which are TOP, MID, and BOTTOM - can be used as entry ENTRY ZONE.
6. BB2 – Period 20/ Dev 2/ Apply to Close – BLUE - BB2 is bigger BB trend functioning as a regular trend which controls overall BB1 and also couple PRICE TREND - BB2 is important to identify ZONE BUY or ZONE SELL. - BB2 also has 3 lines TOP, MID, BOTTOM However LINE MID BB2 is the same as LINE MID BB1. - ZONE BUY is where candlestick (CS) is at mid BB until TOP BB2. - ZONE JUAL(SELL) is where candlestick (CS) is at mid BB to BOTTOM BB2. - refer to 2.6A chart.
2.6A chart
7. BB1 and BB2 are known as couple TWIN BB. Refer to 2.7A chart, whereby top, mid, bottom BB1 having specific ENTRY PLACES until top TOP BB2 or BOTTOM BB2..
RAJAH 2.7A
8. Let us have a look at the overall shape of “Cosigliere Twin BBMA” at 2.8A chart below
2.8A chart
The end of basic notes. For further reference on advance steps using this technique, you can email
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[email protected] Prepared by : A.K
