An indicator that adopts the "Three-stage判断" for push and pull using RCI
Would you like to buy (sell) when the RCI buy level (sell level) is set, for example, to -80 (+80), and the RCI reaches this line and reverses, only to have it reverse before reaching -80 (+80) and miss the opportunity?
To avoid such situations“Three-stage decision using RCI for push and pullback”has been devised.
“Three-stage decision using RCI for push and pullback”The idea is as follows.
RCI movement schematic Diagram-1
① After breaking below the first buy level, since it does not reach the second buy level and moves above the first buy level, a buy signal lights up.
② After breaking below the second buy level, since it does not reach the third buy level and moves above the second buy level, a buy signal lights up.
③ After breaking below the third buy level, and moving above the third buy level, a buy signal lights up.
RCI movement schematic Diagram-2
④ After moving above the first sell level, since it does not reach the second sell level and moves below the first sell level, a sell signal lights up.
⑤ After moving above the second sell level, since it does not reach the third sell level and moves below the second sell level, a sell signal lights up.
⑥ After moving above the third sell level, and moving below the third sell level, a sell signal lights up.
There are currently three MT4 indicators using the “Three-stage decision using RCI for push and pullback.”
(1)
Indicator that strongly supports buy-the-dip and sell-the-rally with RCI and MA “Three-stage decision”【R1MS3】
https://www.gogojungle.co.jp/tools/indicators/23375
In this indicator, in addition to the above“Three-stage decision using RCI for push and pullback”,0–4 moving averagesare used as filters.
Examples of R1MS3 signals
(2)
Indicator that strongly supports buy-the-dip and sell-the-rally with three RCI lines “Three-stage decision”【R1R2S3】
https://www.gogojungle.co.jp/tools/indicators/24609
In this indicator, in addition to the above“Three-stage decision using RCI for push and pullback”,two RCIsare used as filters.
Examples of R1R2S3 signals
(3)
Indicator that strongly supports buy-the-dip and sell-the-rally with RCI “three-stage decision” and Heikin-Ashi Smoothed for filtering【R1S3HAS】
https://www.gogojungle.co.jp/tools/indicators/35535
In this indicator, in addition to the above“Three-stage decision using RCI for push and pullback”,1–2 Heikin-Ashi Smoothedare used as filters.
Examples of R1S3HAS signals