"RCI3 Three-Line + mBDSR" ~ Selling on pullback near the double top neckline ~

Indicator that shines when used with RCI: 【BODSOR・mBDSR】

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

An indicator developed to improve entry accuracy when performing pullback buying or pullback selling using three RCI lines.

PDF files are attached in 150 pieces. Many of them are examples that break down how to logically link higher and lower timeframes using the three RCI lines, sequentially considering multiple lower timeframes' conditions, and ultimately waiting for the timing to buy on pullbacks or sell on pullbacks in the lower timeframe (＝mBDSR signals). The description uses more than 550 charts. are used.

Below, we introduce recent Euro/Dollar mBDSR (RCI two-line filter version) signals. Please note that charts shown below may have lines added for convenience of explanation.

EURUSD 15-minute chart

From the upper chart, during a double top formation, RCI52 has not clearly turned downward, but when it returns near the neck line, both RCI26 and RCI52 have turned downward, while RCI9 rises. At this point, if RCI9 turns downward, all three RCIs could move downward, forming a very weak downtrend pattern.

In such a situation, the mBDSR (RCI two-line filter) sell-back signal lights up and the price moves downward.

Indicator that shines when used with RCI: 【BODSOR・mBDSR】

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

An indicator developed to improve entry accuracy when performing pullback buying or pullback selling using three RCI lines.

PDF files are attached in 150 pieces. Many of them are examples that break down how to logically link higher and lower timeframes using the three RCI lines, sequentially considering multiple lower timeframes' conditions, and ultimately waiting for the timing to buy on pullbacks or sell on pullbacks in the lower timeframe (＝mBDSR signals). The description uses more than 550 charts. are used.