"RCI 3-line + mBDSR" ~ the direction indicated by the 1-hour chart and the signals on the 15-minute and 1-minute charts ~
Indicator that shows power when used in combination with RCI【BODSOR・mBDSR】
https://www.gogojungle.co.jp/tools/indicators/11836
※ An indicator developed to improve entry accuracy when using three RCI lines for buying on pullbacks or selling into rallies
PDF files are attached in 150 copies. Many of them are examples that break down the process of logically linking higher and lower timeframes using the three RCI lines, sequentially considering the status of multiple lower timeframes, and ultimately waiting for the timing to buy on pullbacks or sell into rallies on the lower timeframe (i.e., mBDSR signals). The description uses more than 550 charts .
EUR/JPY 1-hour chart
On the 1-hour chart above, around the white ellipse, the price breaks below the 1-hour EMA21, and the 1-hour RCI all three lines are in a weak downtrend. It might not be unusual to look for pullbacks on lower timeframes here.
So we will look at the 15-minute lower timeframe within the white ellipse.
EUR/JPY 15-minute chart
On the 15-minute lower timeframe, there is a situation where only RCI9 among the three RCI lines is rising. If RCI9 were to turn downward, all three RCI lines could be in a weak downtrend, so it might be reasonable to look for pullbacks here as well.
In such a situation, around the area near the EMA21 on the 1-hour chartmBDSR (two-RCI filter) pullback sell signallights up and the price falls sharply.
Here, we will look further at the area circled in white on the lower-timeframe 1-minute chart.
EUR/JPY 1-minute chart
On the 1-minute lower timeframe, there is a situation where only RCI9 among the three RCI lines is rising. If RCI9 were to turn downward, all three RCI lines could be in a weak downtrend, so it might be reasonable to look for pullbacks here as well.
In such a situation, around the EMA21 on the 1-hour chartmBDSR (two-RCI filter) pullback sell signal lights up and the price falls sharply.
Above, we simply observed that the higher timeframe looked weak and then checked the lower timeframe, but we have not explained the method of drilling down from a higher timeframe to a lower timeframe using the three RCI lines. The PDFs included with this product describea method to logically downscale from higher timeframes to lower timeframes using the three RCI lines and waiting for the mBDSR signals, among other details.
Indicator that shows power when used in combination with RCI【BODSOR・mBDSR】
https://www.gogojungle.co.jp/tools/indicators/11836
※ An indicator developed to improve entry accuracy when using three RCI lines for buying on pullbacks or selling into rallies
PDF files are attached in 150 copies. Many of them are examples that break down the process of logically linking higher and lower timeframes using the three RCI lines, sequentially considering the status of multiple lower timeframes, and ultimately waiting for the timing to buy on pullbacks or sell into rallies on the lower timeframe (i.e., mBDSR signals). The description uses more than 550 charts .