Pay attention to the sign that does not go against the direction indicated by the top line of 'RCI3 Three-line + mBDSR'.
Indicator that shows 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 RCI lines to buy on dips or sell on rallies
PDF files are included 150 documents. Many of them are examples that break down the process of logically linking higher and lower timeframes using the three RCI lines, examining multiple lower timeframes sequentially, and ultimately waiting for dip-buy or pullback-sell timing (i.e., mBDSR signal) on the lower timeframe. This is the description. It uses over 550 charts in total.
Euro/Pound Daily
Recently, the daily RCI lines have all risen in a very strong up move, suggesting that it might be a good setup to look for dip buys on lower timeframes.
So we will look at the area enclosed by the white box on the lower timeframe four-hour chart.
Euro/Pound 4-Hour
Looking at the lower-timeframe 4-hour chart, after breaking above a downtrend line, only RCI9 among the three RCI lines is declining. If RCI9 starts to rise, it is possible that all three RCI lines rise, which would be a strong setup for dip buying.
Subsequently, the mBDSR (two-RCI-filter) dip-buy signal lights up and it rises sharply.
When the 4-hour dip-buy signal lights up,
the daily three-RCI lines are forming a strong configuration
the 4-hour has broken above the downtrend line
these overlapping entry reasons may be considered as multiple confirmations.
In this case, from the perspective of watching the timing when RCI9 begins to rise on the 4-hour chart above, it might also be possible to examine the dip-buy timing further down on the lower timeframes.
Therefore, we will also look at the lower-timeframe 30-minute chart around the area enclosed by the white box.
Euro/Pound 30-Minute
Looking at the even lower timeframe 30-minute chart, after breaking above the downtrend line, only RCI9 among the three RCI lines is declining. If RCI9 begins to rise, it is possible that all three RCI lines rise, which would be a strong setup for dip buying.
Subsequently, the mBDSR (two-RCI-filter) dip-buy signal lights up and it rises sharply.
Note that the signal on the 30-minute chart lit up seven hours after the signal lit up on the 4-hour chart.
At the moment the dip-buy signal lights up on the 30-minute chart,
the daily three-RCI lines are forming a strong configuration
the 4-hour three-RCI lines are in a setup where dip-buying is not unreasonable
the 4-hour has broken above the downtrend line
the 30-minute has also broken above its downtrend line
thus, multiple entry reasons overlap.
Regarding the area where the 30-minute signal is lit, we will also look at the lower-timeframe 15-minute chart.
Euro/Pound 15-Minute
Further looking at the lower-timeframe 15-minute chart, the dip-buy signal appears earlier than on the 30-minute chart.
Around the area where the 15-minute signal is lit, we will also look at the even lower-timeframe 5-minute chart.
Euro/Pound 5-Minute
Further looking at the lower-timeframe 5-minute chart, the dip-buy signal appears earlier than on the 15-minute chart.
The above simply shows that the higher timeframe is strong, which is why we looked at the lower timeframes, but it does not explain the method of cascading from the higher timeframe to the lower timeframe using the three RCI lines. The PDFs included with this product describe,the method of cascading logically from higher to lower timeframes using three RCI lines to wait for mBDSR signals, and so on.
Indicator that shows 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 RCI lines to buy on dips or sell on rallies
PDF files are included 150 documents. Many of them are examples that break down the process of logically linking higher and lower timeframes using the three RCI lines, examining multiple lower timeframes sequentially, and ultimately waiting for dip-buy or pullback-sell timing (i.e., mBDSR signal) on the lower timeframe. This is the description. It uses over 550 charts in total.