BTMM MINE - Compressed
BTMM MINE - Compressed
BTMM MINE - Compressed
TDI Sharkfin is when the Green (Price/RSI) Line comes out of the Blue (Volatility Band) Line and
returns back in, hence forming a shape resembling a Shark's fin (green RSI line) when its swimming near
the surface
ofwater(blueVolatilitybandline).
BTMM Timing
This is an example of how i converted the times to the time of where I live in the GMT +3 Time zone
!sm_WorkTime_v1.5b
(2).ex4
⬆ Install this indicator on your mt4 for PC, it automatically sets BTMM times to your time zone and
factoring in the time of broker.
To know BTMM timing with what to expect from a currency pair you just have to know which currency
is traded at mostly which time, when the big moves happen to its pairs at that time due to its Market
makers involvement.
As a trader you have to know when are you trading which session and which pairs have a movement
during that session
In European currencies pairs usually, the big moves happen on London session after Asian session In
Asian session pairs usually on Asian session. north American pairs usually during London session or New
York session.
ok now let’s talk about currencies that are traded during Asian session which mostly do not consolidate
(do not form ranging market during Asian range)
they are JPY - Japanese yen
AUD - Australian dollar
and NZD - New Zealand dollar
we see JPY pairs show movements during Asian sessions, sometimes big moves because Asian people are
trading their currencies during those times
now lets go to Australians
we see big movements during Asian session in the AUD pairs ⬆ Australians are awake during Asian
session trading their currency
SIGNATURE TRADE;
BTMM signature trades we will discuss are:
-Baseline bounce trade (BLB)
-TDI Divergence
-Asian Range bounce (AR Trade)
-12,22,21 Box Trades
-50 EMA bounce - ID50 (M15)
- 50/50 Bounce (H1)
-200 EMA bounce / Stop Hunt Hold the Mayo (SHHM) / Sharkfin Hold the Mayo.
And how to combine all those with BTMM confluences like Timing, Candlestick Rejecting candles etc.
!sm_WorkTime_v1.5b.ex4
Those Yellow dashed lines after the Asian Range box will appear at the top and bottom is AR-00 levels
and at the middle is AR-50 level
Asian Range Bounce (AR Trade) is a bounce on the levels AR-00 top/bottom or AR-50 level after
inducement out of the Asian Consolidation range (big blue box). After inducement out of Asian range
box, price comes back to bounce off the EMA 50 and either half of the Asian range box at AR-50 or
top/bottom of the Asian range box at AR-00 At the same time in TDI, the RSI(price) line (the green line)
bounces off the 50 level of TDI either exactly at 50 level or within 1.5 points of the 50 level of TDI
ASIAN RANGE BOUNCE (AR TRADE) EXAMPLES WITH TIMING:
In my TDI the black dashed line is the 50 Level of TDI. What we look for in TDI to confirm the Asian
Range Bounce trade is the RSI (Price line) green line to bounce off of the 50 Level of TDI, NOT
specifically on the MBL (yellow), what we look for is bounce specifically on the TDI 50 Level (black
dashed line on my TDI)
On chart we look for the bounce on the AR-00 (top/bottom) or AR-50 (middle) lines of the Asian Range
box after an inducement out of the box then back to form the bounce on those lines. At the same time
the bounce on the AR line should be accompanied with a bounce on the EMA 50.
Some extra examples below
5. STOP HUNT HOLD THE MAYO (SHHM) (200 EMA Bounce Trades):
Also called Sharkfin Hold the Mayo (EMA 200) is a price bounce on EMA 200 (Mayo). How to
anticipate/look for the trade:
For H1: After EMA 50 and EMA 200 cross on H1 Timeframe start looking for retracement bounce on
EMA 200 on H1
For M15 : When price is bouncing at EMA 50 on H1 at the same time it is bouncing off EMA 200 on
M15 Timeframe
On M15 (as in these 3 examples) you can see the EMA 200 (Mayo) bounce trades (that are EMA 50
bounce trades on H1) at the same time there is a Sharkfin on TDI
The Stop Hunt patterns that can happen as bounce on the EMA 200 (Mayo) are M, V and W patterns
with Rejecting Candlestick patterns like pins of hammers, Rail road tracks, Cord of Wood etc. And on
TDI there is a Sharkfin.
STOP HUNT HOLD THE MAYO / SHARKFIN HOLD THE MAYO / EMA 200 BOUNCE
TRADE WITH TIMING AND CANDLESTICK REJECTING PATTERNS:
In M or W stop hunt patterns bounce on the Mayo (EMA 200) the first leg has to be a shark fin and
second leg is either a RSI bounce on Volatility band (blue) or RSI bounce on MBL (yellow).
In V stop hunt patterns only TDI shark fin happens with candlestick rejecting patterns off of the EMA
200 (Mayo) on chart.
Since we don't know what of the three patterns may happen, then first entry is if in TDI a shark fin is
present on first leg with candlestick rejection patterns off the EMA 200 on chart then another entry may
be put on second leg where on TDI it’s an RSI bounce on Volatility band or cross/bounce on Market
Base line (MBL)
Never forget Timing in the Trade, and it’s the market maker move you are in, since they trade according
to time (session) and location they are in
Timeframe H1
W Pattern off the EMA 200(Mayo) Doji rejecting candles both legs. Timing second leg New York session
open. TDI shark fin on first leg and Volatility Band bounce on second leg.
Timeframe M15 Consolidation with stop hunts off the EMA 200(Mayo) RR tracks rejecting candles on
legs. Timing on leg with MBL bounce: London session open. TDI shark fin on first leg and MBL bounce
on entry leg. TDI Exaggerated Divergence with the consolidation off of the Mayo.
Timeframe M15 V Pattern off the EMA 200(Mayo)RR tracks rejecting candles. Timing London session.
TDI shark fin.
Timeframe M15 V Pattern off the EMA 200(Mayo) Rejecting candles. Timing Asian session open. TDI
shark fin.
Timeframe M15 V Pattern off the EMA 200(Mayo) Shooting star rejecting candle. Timing New York
session. TDI shark fin.
6. 50 EMA BOUNCE TRADES:
These include:
- Intraday 50/50 Bounce (ID50) in M15
- 50/50 Bounce in H1
How the setups start: During Level 3 where the EMAs 13,50,200 are fanned out while an Anchor (peak
formation / reset) is formed, then as EMAs 50 and 200 come back together EMA 50 and EMA 13 cross
and price pulls away then comes back to retest(bounce) on the EMA 50.
On TDI at Entry, RSI/Price line crosses the Signal line above or below the 50 level of TDI
Steps to the Setup [both ID50 (M15) and 50/50 Bounce (H1)];
- EMAs 50 & 200 start to come back to each other.
- Plot the Anchor (it can be M, W, Half Bat, Head and Shoulders or Triple Top/Bottom) that formed to
the left of the chart.
- EMA 13/50 cross each other (EMA 50/200 cross is even nicer) then price moves away for distance
about 25 to 50 pips THEN price sharply comes back to retest/bounce on the EMA 50 with rejecting
candle patterns.
- On TDI the RSI/Signal line cross each other above or below the 50 Level of TDI.
50 EMA BOUNCE TRADES [ID50(M15) & 50/50 BOUNCE(H1)] WITH TIMING AND
CANDLESTICK REJECTING PATTERNS:
Before the EMA 50 bounce entry there will be an Anchor to the left where price moved from to come
back to retest/bounce on the EMA 50
Will show the Anchor in a box, an arrow for the crosses of EMA 13 and EMA 50 and a circle for the
entry at EMA 50 and an arrow on TDI where the RSI crossed Signal line
On the Right:
TDI Hidden Divergence Buy
Bounce between EMA 50 and 200
On TDI, second leg has a Sharkfin.
On the Left:
TDI Exaggerated Divergence Buy
Bounce on Same EMA 200
On TDI, entry leg has a MBL bounce after Sharkfin happen before confirming the bounce on EMA 200.