OMAKE-SimpleBS: A simple indicator that aims to catch pullbacks (buying on dips) and selling on retracements. - 押し目買い・戻り売り　RCI3本ライン＋BODSOR (mBDSR) の活用例など - Navi+ - GogoJungle | Auto Trading - Market Analysis

January 27, 2023 Update
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The logic of this indicator [OMAKE-SimpleBS] is disclosed to customers who purchased the indicators below.

　Indicator that strongly supports dip-buying and pullback selling with DeMarker and MA: 【DeMMA2】
　https://www.gogojungle.co.jp/tools/indicators/35861
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(End of update)

※This is a non-repainting indicator.

※Simply targets dip-buying and pullback selling.

※This indicator is included as a bonus with the indicators listed below.

Arrows indicator that strongly supports dip-buying and pullback selling using RCI: 【R1MA2】
　https://www.gogojungle.co.jp/tools/indicators/18438

Strongly supports dip-buying and pullback selling using RSI【Arrow Indicator: RSIMA2】
　https://www.gogojungle.co.jp/tools/indicators/18435

Strongly supports dip-buying and pullback selling using CCI【Arrow Indicator: CCIMA2】
　https://www.gogojungle.co.jp/tools/indicators/18452

Strongly supports dip-buying and pullback selling using Stochastic【Arrow Indicator: STOMA2】
　https://www.gogojungle.co.jp/tools/indicators/18497

Strongly supports dip-buying and pullback selling using Williams %R【Arrow Indicator: WPRMA2】
　https://www.gogojungle.co.jp/tools/indicators/19079

Indicator that strongly supports dip-buying and pullback selling with DeMarker and MA: 【DeMMA2】
　https://www.gogojungle.co.jp/tools/indicators/35861

Indicator that strongly supports dip-buying and pullback selling with Momentum and MA: 【MOMMA2】
　https://www.gogojungle.co.jp/tools/indicators/26001

　Examples of signals for this indicator are summarized toward the end of this page.For detailsClick herePlease refer to it.

◆ Overview

　Simply target dip-buying in an uptrend and pullback selling in a downtrend.

Display of stars and arrows.

Stars and arrows: Signals of OMAKE_SinpleBS

When conditions are met, light blue stars light up. Until the candle closes, depending on price movement, the stars may light up or disappear.
Then, when the closing level of a candle confirms the lighting of the light blue star, a light blue downward arrow lights up at the same time as the next candle opens.

When conditions are met, yellow stars light up. Until the candle closes, depending on price movement, the stars may light up or disappear.
Then, when the closing level of a candle confirms the lighting of the yellow star, a yellow upward arrow lights up at the same time as the next candle opens.

◆ Settings

As shown below, you need to check "Allow DLL imports".

Settings related to the display location of stars and arrows

If the display positions of stars or arrows are too close to the candles and hard to see, or conversely too far and sometimes off-screen, you can adjust the height at which these marks are displayed by changing the values below. The larger the value, the farther from the candle the display position will be.

Star (the star that lights just before the UpArrow) → UpStar
Arrow (Upward Arrow) → UpArrow
Star (the star that lights just before the DownArrow) → DownStar
Arrow (Downward Arrow) → DownArrow

Settings related to alert functions

UseAlert：
If you want to alert with a dialog like in the figure below when a signal occurs, select true; select false if you do not use it.

UseMail：
If you want to alert by email when a signal occurs, select true; select false if you do not use it.

UseSound：
If you want to alert with a sound when a signal occurs, select true; select false if you do not use it.

SoundFile：
Enter the filename of the sound to use for alerts.

Example of MT4 settings when using email alerts

Tools → Options → Email

Image

※ Requires restarting MT4 after changing settings.

◆ Cautions

※ This indicator is bundled as a bonus with the indicators listed below.

Arrows indicator that strongly supports dip-buying and pullback selling using RCI: 【R1MA2】
　https://www.gogojungle.co.jp/tools/indicators/18438

RSI-based support for dip-buying and pullback selling【Arrow Indicator: RSIMA2】
　https://www.gogojungle.co.jp/tools/indicators/18435

CCI-based support for dip-buying and pullback selling【Arrow Indicator: CCIMA2】
　https://www.gogojungle.co.jp/tools/indicators/18452

Stochastic-based support for dip-buying and pullback selling【Arrow Indicator: STOMA2】
　https://www.gogojungle.co.jp/tools/indicators/18497

Williams %R-based support for dip-buying and pullback selling【Arrow Indicator: WPRMA2】
　https://www.gogojungle.co.jp/tools/indicators/19079

Indicator that strongly supports dip-buying and pullback selling with DeMarker and MA: 【DeMMA2】
　https://www.gogojungle.co.jp/tools/indicators/35861

Momentum-based indicator that strongly supports dip-buying and pullback selling with MA: 【MOMMA2】
　https://www.gogojungle.co.jp/tools/indicators/26001

◆ OMAGE_SimpleBS sample signals

Dollar/Yen Monthly