【RCI3 main line + mBDSR sign】1-hour chart pullback sell and 5-minute head and shoulders

Indicator that demonstrates power when combined with RCI: BODSOR・mBDSR

https://www.gogojungle.co.jp/tools/indicators/11836

*An indicator developed to improve entry accuracy when using three-line RCI for trend up-retracements buying and pullback selling

150 PDF files are included. Many of them document examples that use the three-line RCI to logically link higher and lower timeframes, sequentially examine multiple lower timeframes, and finally wait for the timing to buy on dips or sell on rallies in the lower timeframe (the mBDSR signal). This is the form summarized. The explanation uses more than 550 charts in total.

Here, we introduce an example where the mBDSR (RCI two-filter version) signal appears to function well, in conjunction with a one-hour timeframe pullback selling.

4-hour

4-hourwhere it appears to rise to the so-called triple top of RCI and may dip a bit for a possible retracement.

1-hour

1-hourwhere the mBDSR pullback selling signal (RCI two-filter) lights up and prices go down.

5-minute

Around the area where the one-hour pullback selling signal is lit5-minutewhen viewed in detail, a head-and-shoulders pattern forms and prices decline. As a result, on the right shoulder of the pattern, the mBDSR pullback selling signal (RCI two-filter) lights up and prices fall.