◆“Effective use of the RCI3 Three-Line + mBDSR” (AUDNZD example)
Indicator that shows power when used with RCI: BODSOR・mBDSR
https://www.gogojungle.co.jp/tools/indicators/11836
*An indicator developed to improve entry accuracy when buying on pullbacks or selling on retracements using three RCI lines.
The PDF file includes 150 items. Many of them are examples that, by logically linking the higher and lower timeframes using the three RCI lines, sequentially examine multiple lower timeframes and finally arrive at a timing in the lower timeframe for pullback buying or retracement selling (the mBDSR signal). They are compiled as such. The explanations use more than 550 charts .
Here, we will consider the effective use of “RCI Three Lines + mBDSR” through AUDNZD weekly, daily, and 4-hour charts.
AUDNZD Weekly
Main window: mBDSR (RCI two-line filter) signal
Sub window: RCI three lines
In the weekly chart, on June 20 the mBDSR (RCI two-line filter) retracement/sell signal lit up. After that, all three RCI lines formed a very weak downtrend.
AUDNZD Daily
Main window: mBDSR (RCI two-line filter) signal
Sub window: RCI three lines
Since the weekly chart shows a very weak downtrend with all three RCI lines, there may be a reasonable setup to target pullbacks on the daily timeframe.
On the daily chart, on July 14 the mBDSR (RCI two-line filter) retracement/sell signal lit up. After that, all three RCI lines formed a very weak downtrend.
4-Hour AUDNZD
Main window: mBDSR (RCI two-line filter) signal
Sub window: RCI three lines
With all three RCI lines forming a very weak downtrend on the weekly and daily charts, there may be a reasonable setup to target retracements on the 4-hour timeframe.
On the 4-hour chart, on July 15 the mBDSR (RCI two-line filter) retracement/sell signal lit up. After that, all three RCI lines formed a very weak downtrend.
Indicator that shines in combination with RCI: BODSOR・mBDSR
https://www.gogojungle.co.jp/tools/indicators/11836
*An indicator developed to improve entry accuracy when buying on pullbacks or selling on retracements using three RCI lines.
The PDF file includes 150 items. Many of them are examples that, by logically linking the higher and lower timeframes using the three RCI lines, sequentially examine multiple lower timeframes and finally arrive at a timing in the lower timeframe for pullback buying or retracement selling (the mBDSR signal). They are compiled as such. The explanations use more than 550 charts .