"RCI3 Three-Line + mBDSR" ~ USD/JPY 5-minute chart, next is 15-minute chart with a double top ~

The indicator that shines when used with RCI: BODSOR・mBDSR

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

※ An indicator developed to enhance entry accuracy when using three RCI lines for pullback buying or pullback selling

PDF files are attached: 150 items. Most of them are examples that have been compiled to consider multiple lower-timeframe conditions sequentially by logically linking the higher and lower timeframes using the three RCI lines, and finally waiting for the timing of pullback buying or pullback selling on the lower timeframe (the mBDSR signal). In the explanation, more than 550 charts have been used.

Below, we introduce examples where the mBDSR (RCI two-line filter version) signals seem to have worked well, in conjunction with double tops and double bottoms.

In the charts shown below, for convenience of explanation, there may be additions such as squares or lines, so please note.

Dollar/Yen 15-minute chartRises toward just under 145.000

Price rises toward just under 145.000.

145.000 has been a previous resistance, and this time it is also expected to temporarily become resistance.

The three RCI lines rise to form the left peak of a double top, reaching the shape of a triple RCI top (green square).

Afterward, when RCI9 drops and then rises again, both RCI26 and RCI52 have already started to decline, so at the right peak of the double topthe mBDSR (RCI two-line filter) pullback selling signallights up and the price moves downward.

Related video

The indicator that shines when used with RCI: BODSOR・mBDSR

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

※ An indicator developed to enhance entry accuracy when using three RCI lines for pullback buying or pullback selling

PDF files are attached: 150 items. Most of them are examples that have been compiled to consider multiple lower-timeframe conditions sequentially by logically linking the higher and lower timeframes using the three RCI lines, and finally waiting for the timing of pullback buying or pullback selling on the lower timeframe (the mBDSR signal). In the explanation, more than 550 charts have been used.