"RCI3 Three-Line＋BODSOR" rebound selling signal after sharp drop example USDJPY 30-minute chart 2018/03/02

RCI3 Three LinesandBODSORApplications

One of the characteristics of the RCI3 Three Lines (RCI9, RCI26, RCI52) is

“When the three RCIs line up in the same direction, the price movement in that direction becomes larger.”

This is one of the features.

If RCI26 and RCI52 are rising (falling) and RCI9 is falling (rising),
when RCI9 reverses“the three RCIs align in the same direction”is the case.

Therefore, detecting when RCI9 will reverse is extremely important.

(Case by case, simply waiting for RCI9 reversal to be confirmed often results in a large miss.)


Hence, to detect as early as possible the moment when the momentum of RCI9’s rise (fall) weakens, BODSOR was developed.



The chart below is USD/JPY 30-minute chart from this morning (March 2, 2018).

USD/JPY 30-minute chart

Top row:BODSOR
Bottom row: RCI3 lines (red: RCI9, light blue: RCI26, yellow: RCI52)

Only RCI9 among the three is rising.
If RCI9 reverses downward, all three RCIs may point downward.
In other words, price may also experience a strong decline.

In such a situationBODSORrebound selling signal (yellow arrow) lights up.

After the BODSORsignal lights, price is clearly heading down, so
in this case it functions well as a rebound selling signal.


Indicator displaying pullback buying and pullback selling signals【BODSOR】


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