"RCI3 Three-Line Strategy + BODSOR" A close position buying signal example Consider EURUSD 1-hour and 5-minute combination

RCI 3-LineandBODSORusage examples

One of the characteristics of the three-line RCI (RCI9, RCI26, RCI52) is

“When all three RCI lines point in the same direction, price moves strongly in that direction.”

This is the notion.

If RCI26 and RCI52 are rising (falling) and RCI9 is falling (rising),
when RCI9 reverses,“the three RCI lines align in the same direction.”This is what happens.

Therefore, it becomes very important to sense when RCI9 will reverse.

(Case by case, but simply waiting for a confirmed reversal of RCI9 often leads to a late entry.)


To detect as early as possible the moment when the upward (downward) momentum of RCI9 weakens,
BODSOR was developed.


The figure below shows the EUR/USD 1-hour chart on Friday, March 2, 2018.

EUR/USD 1-Hour

Top: BODSOR
Bottom: Three-line RCI (red: RCI9, light blue: RCI26, yellow: RCI52)

Of the three RCI lines, only RCI9 is descending.
If RCI9 reverses and moves up, all three RCI lines may rise together.
In other words, prices could rise strongly.

In this situation,BODSOR’s pullback buy signal (pink arrow) lights up.

After照 the BODSOR signal lights up, the price continues to rise firmly,so in this case it functions well as a pullback buy signal.Looking in detail at the time around the pullback buy signal on the 1-hour chart using the 5-minute chart...EUR/USD 5-MinuteTop:BODSORBottom: Three-line RCI (red: RCI9, light blue: RCI26, yellow: RCI52)Of the three RCI lines, only RCI9 is descending.If RCI9 reverses and moves up, all three RCI lines may rise together.In other words, prices could rise strongly.In this situation,BODSOR’s pullback buy signal (pink arrow) lights up.After the BODSOR signal lights up, the price rises steadily,so in this case it functions well as a pullback buy signal.For reference, in the above example, the pullback buy signal on the 1-hour chart appeared at exactly 16:00,and the pullback buy signal on the 5-minute chart appeared at 18:15.Indicator that displays pullback buy and pullback sell signals【BODSOR】Twitterhttps://twitter.com/RCIX3LineBloghttp://bodsor.blog.fc2.com/
so in this case it functions well as a pullback buy signal.


Looking in detail at the time around the pullback buy signal on the 1-hour chart using the 5-minute chart...

EUR/USD 5-Minute

Top:BODSOR
Bottom: Three-line RCI (red: RCI9, light blue: RCI26, yellow: RCI52)

Of the three RCI lines, only RCI9 is descending.
If RCI9 reverses and moves up, all three RCI lines may rise together.
In other words, prices could rise strongly.

In this situation,BODSOR’s pullback buy signal (pink arrow) lights up.

After the BODSOR signal lights up, the price rises steadily,so in this case it functions well as a pullback buy signal.For reference, in the above example, the pullback buy signal on the 1-hour chart appeared at exactly 16:00,and the pullback buy signal on the 5-minute chart appeared at 18:15.Indicator that displays pullback buy and pullback sell signals【BODSOR】Twitterhttps://twitter.com/RCIX3LineBloghttp://bodsor.blog.fc2.com/
so in this case it functions well as a pullback buy signal.


For reference, in the above example, the pullback buy signal on the 1-hour chart appeared at exactly 16:00,
and the pullback buy signal on the 5-minute chart appeared at 18:15.


Indicator that displays pullback buy and pullback sell signals【BODSOR】


Twitter
https://twitter.com/RCIX3Line

Blog
http://bodsor.blog.fc2.com/