The Berma Power Indicator’s Setup The Berma Power indicator is a tool that shows the momentum of all 28 major currency pairs. You can use it to scan the market and trade the currency pairs with the strongest momentum either to the upside or to the downside. Preparing Your Platform Before using the indicator, you…
Welcome, my friend, Here I will share with you links for all blogs and tutorials that explain my trading methods and tools Berma Tools Manuals and User Guides Please read the next blogs to understand the ideas behind the tools ⭐ Berma Deviation Percent Formula ⭐ Berma Bands Users Guide ⭐ Berma ROC Users Guide…
What is the Grid Risk Management System? It is a risk management system that falls under the category of “Negative Progression systems”, which means that it increases the number of trades if the current positions are in loss. This system is based on the following steps. First, spread your entry over more than one price…
What is the “Berma Plan” for Entering a Trade? The “Berma Plan” is a trend following system. Where we use all the tools mentioned before to search for currency pairs that are moving in a clear direction, with a strong momentum, whether up or down. To do this, we will follow the next steps. First,…
What is “Berma Jaw”? It is a new idea developed using “standard deviation channels”. The main purpose of the “Berma Jaw” tool is to find overbought and oversold areas on the chart. How to Draw the “Berma Jaw”? The tool consists of two standard deviation channels with the same period and the same formatting properties,…
What is, Berma Rate of Change Panel It is an idea designed to find areas of strong momentum in price movement from the chart. To understand the idea, let’s assume we have a chart with five versions of the “Berma Rate of Change”. The five indicators differ from each other in the calculation period, so…
What is Berma Deviation Percent? It is an indicator that measures price volatility as a percentage rather than points. The idea behind the “Berma Deviation Percent” is to create a relative indicator, based on the “Classical Standard Deviation”, that ranges between zero and one hundred percent. The Indicator’s Formula. The indicator formula can be explained…
The Six Berma Price Patterns The Three Price Trends. A chart is a two-dimensional graph, the vertical dimension is prices, and the horizontal dimension is time. Prices on this chart move from left to right in three directions, which are: The first direction is the uptrend. The second direction is the sideways trend. The third…
This is a semi-automatic expert advisor that trades the grid system. The idea is to gradually take different positions in the market, and then calculate the break-even level for them. When the prices pass this break-even by a predetermined distance all opened orders are closed. Berma Money EA Panel. When the “Berma Money EA” is…
This indicator consists of seven trading tools combined into one piece of code. Those tools are: 1. Berma Rate of Change Oscillator. 2. BROC Panel. 3. BROC Shadows 4. BROC Arrows 5. Symbol Switch 6. Berma Jaw 7. Berma Grid 1. Berma Rate of Change Oscillator. BROC is an index that measures the price rate…