With three RCIs, you can identify turning points and retracements! Indicator "BOTSOR"

"RCI3-line + BODSOR" buy on dips and sell on rallies

One of the characteristics of the three RCI lines (RCI9, RCI26, RCI52) is

"When the three RCIs line up in the same direction, the price movement in that direction tends to be larger"

There is such a tendency.

RCI26 and RCI52 are rising (falling) and RCI9 is falling (rising),

When RCI9 reverses, it means that the three RCIs are pointing in the same direction.

ThereforeDetecting when RCI9 will reverse becomes extremely important.

（Case by case, but simply waiting for the reversal of RCI9 to be confirmed often results in a large delay.）

Therefore,to detect as early as possible the moment when the momentum of RCI9's rise (fall) weakens

BODSOR was developed to detect this as early as possible.

Any time frame is fine, but on a 1-hour chart you can capture larger price swings.

※Note: This indicator (BODSOR) does not include an indicator that displays the three RCI lines within it, so please be aware.

Indicator that displays buy on dips and sell on rallies signals [BODSOR]