BMW: Band - Momentum - Wave

Hi there,
I want to sharing my system, its name: BMW.
The system include 3 factor: Band, Momentum, Wave. Make name of the system.
Usage of system is quite easy. I will clarify in next posts.
Link to download the system: http://drive.google.com/drive/folders/1DGUdCW-iZh4s5rDNMxaUJFHrxUYnN1lq?usp=sharing
Let’s check screen-shoot

2 Likes

update screens, XAUUSD

XAUUSD, M15

XAUUSD, H1

Let’s install and try the system
drive.google.com/drive/folders/1DGUdCW-iZh4s5rDNMxaUJFHrxUYnN1lq?usp=sharing

What else can you tell me about it? How long have you been trading it? Any specifics?

i’m finishing the document of how-to-use.
For shortly, system has 3 component: Band, Momentum and wave.
Band: will show the boundary of moving price, use in main chart
Momentum: show the struggling between bullish and bearish at every moments
Wave: show the result of struggling, which is win will be main trend of the day

Timeframe:
H1: show the potential moving of main direction
M15: will show the wave of every day clearly.
M5: use this to make a decision of buy or sell.

Be patient please, when the how-to-use done, all is more clear.
In that time, let try yourself to evaluate the system.

@forexforexforex

About the time of using this system, I spend for a few years to utilized and optimized it.
So now, the system donot need any parameters when running, just use as is.

US30,

potential for downtrend, TP 27600, SL 28300

US30, M5 retracement

US30 - Mission Failed!
Because:
H1: MU1 up, MD1 down
==> momentum of bullish is stronger than momentum of bearish
M5: MU1, MD1 down, but MD1 below MU1
==> momentum of bullish is stronger than momentum of bearish, even both of them are going down
M5: WU1, WD1: Waves are going down, but wave of bearish is weaker than wave of bullish


When to form a trend?
Have a look to the image.
M-level-1 (MU1 for bullish, MD1 for bearish) must raise up and above other level

US30: Start new trend at the end of the week

US30, TP: 27300, SL 27820

XAUUSD, analysis of the day. What’s next moving?

XAUUSD, next moving?
End of the day: finish bullish trend and then sideway
Because: left side of Wave was formed, now waiting for right side. In the time of forming right side, let’s have a rest

US30: TP 27300, Mission completed, now is sideway.
Waiting for the right side of Wave

XAUUSD: just a tiny trends, ignore it. Need to wait finished the right side of Wave

XAUUSD, the roar of the surf, anybody hear that?