BBMA ZoneZeroLoss (ZZL) Grandma Ally - indicator for MetaTrader 5

Oma Ally is a Malaysian trader who developed the BBMA strategy, which combines Bollinger Bands and Moving Averages to identify underlying market movements.

This strategy is popular in Malaysia, Indonesia and Brunei and is used by many traders in the Forex community.

The "Zero Loss Zone" is a concept in the BBMA strategy that aims to identify trading areas, such as for "re-entry" setups , where risk is minimized.
By applying specific criteria, such as the presence of strong trend candles and the positioning of certain moving averages, traders try to establish positions with minimal risk of losses.

Attachment download

📎 bbma_zonezeroloss_3zzli_oma_ally.mq5 (10.11 KB)

Source: MQL5 #55233