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SDMSNR

The document describes a trading strategy that combines Malaysian static support and resistance concepts with dynamic Bollinger Band support and resistance. It focuses on trading the 4 hour candle expansions at specific times, looking for price action reactions off of static and dynamic support and resistance levels on the hourly timeframe.

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nimeshdinuka46
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2K views7 pages

SDMSNR

The document describes a trading strategy that combines Malaysian static support and resistance concepts with dynamic Bollinger Band support and resistance. It focuses on trading the 4 hour candle expansions at specific times, looking for price action reactions off of static and dynamic support and resistance levels on the hourly timeframe.

Uploaded by

nimeshdinuka46
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CREATED BY

KENAN BARENDS

S D M S N R

09/04/2024

To be used in conjunction with the video content to be found on the following Google Drive link:

https://drive.google.com/drive/folders/1aGrDIs4Bwc_ZLoyFio8xm8KPHSSFIX8V?usp=sharing
CONCEPTS
Combining traditional Malaysian SnR concepts and BBMA to have a
static and dynamic support and resistance methodology to frame
trades around.

MALAYSIAN SNR/STATIC SNR

A/V Levels

Gap Levels

We will only apply fresh rules to gap levels. A/V levels can be used
multiple times and the concept of fresh and unfresh does not apply.

SDMSNR
BBMA/DYNAMIC SNR
BBMA is a concept taught by Oma Ally which uses Bollinger Bands, an
EMA and WMA’s to act as dynamic SNR. There are 4 LWMA’s used in
this concept, 1 EMA, and traditional Bollinger Bands.

Bollinger Bands
5, 10 (High) Linear Weighted MA’s
5,10 (Low) Linear Weighted MA’s
50 EMA

*I have used 8 LWMA to be a median between 5 & 10 to replace having so many MA’s on the chart. This is
entirely optional and doesn’t impact the accuracy of the strategy.

The high BB and high MA’s act as dynamic resistance. The low BB and
low MA’s act as dynamic support. The mid BB and 50 EMA acts as
dynamic resistance/support depending on the trend.

SDMSNR
STRATEGY
The strategy uses the understanding that we have time and price
alignment to provide quality setups daily. This means that we look for
certain levels at certain times to take trades from.

TIME
We are looking to trade the 4H candle expansions. Specifically focusing
on the following candles:

1 am
5 am
9 am

*(NY UTC-4)

PRICE
By understanding candle anatomy and the behaviour of price from
certain levels, we can frame high-quality setups. We use the OHLC
(Bearish) and OLHC (Bullish) formation of candlesticks to avoid
manipulation and adding confluence to our key levels. So if we are
expecting a bearish candle, we can determine that we will have
manipulation towards the high first, and if a bullish candle then
manipulation towards the low first.

Static SNR
We use Malaysian SNR concepts to determine our “static” SNR levels
from where we expect price to react from.

Dynamic SNR

We use BBMA concepts as our dynamic SNR in convergence with our


static SNR to give higher probability to our setups.

SDMSNR
SOP
1. Determine direction by using CSAK/CSM on H4 & Indicator shaded
areas (*consult video for explanation)
2. On H4 determine Static SNR (A/V & Gap Levels)
3. On H1 determine Dynamic SNR convergence with H4 Static SNR
4. Entry using limit order or market execution. 25 pips SL & 50 pips TP
1:2 R

EXAMPLE

H4 Static SNR before the open of 5am candle

SDMSNR
H1 Dynamic SNR aligning with H4 Static SNR at the open of the new
H4 candle. Entry with 25 pip SL and 50 pip TP

SDMSNR
Join the free Discord for
continuous updates on the
strategy as well as information
on Mentorship:

https://discord.gg/UN27kAe6

SDMSNR

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