Targeting the timing just before the three-line down alignment — from the recent Euro/Dollar daily chart —
Indicator that shines in combination with RCI: BODSOR and mBDSR
https://www.gogojungle.co.jp/tools/indicators/11836
*An indicator developed to improve entry accuracy when using three-line RCI for pullback buys or pullback sells
EUR/USD Daily
Top row: mBDSR signals (filter: RCI26 and RCI52)
Bottom row: RCI three lines
When only RCI9 among the three lines is clearly rising, the mBDSR pullback sell signal lights up.
Just before the pullback sell signal lights up, there is a bullish candle, followed by two consecutive bearish candles, and then the pattern “all three RCI lines decline,” with the price moving steadily downward.
In this case, the moment four candles before the candle that confirms the “all three RCI lines decline” pattern is confirmed, the mBDSR pullback sell signal is already confirmed.
Indicator that shines in combination with RCI: BODSOR and mBDSR
https://www.gogojungle.co.jp/tools/indicators/11836
*An indicator developed to improve entry accuracy when using three-line RCI for pullback buys or pullback sells
