Example of a reverse sell signal EUR/JPY 1-hour chart [RCI three lines + BODSOR]

RCI Three-LineandBODSORUsage Examples

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

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

There is this.

If RCI26 and RCI52 are rising (falling) while RCI9 is falling (rising),
when RCI9 reverses“all three RCIs line up and point in the same direction”this becomes a possibility.

Therefore, it is extremely important to sense when RCI9 will reverse.

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


Hence, developed to quickly detect
the timing when the momentum of the rise (fall) of RCI9 slows down is BODSOR.


The figure below shows the EUR/JPY 1-hour chart from March 23 to 28.

EUR/JPY 1-Hour

Top: BODSOR
Bottom: RCI Three-Line (Red: RCI9, Light blue: RCI26, Yellow: RCI52)

Looking at the upper chart, on March 27 you can see the signal of “RCI Three-Line + BODSOR”
reversal (sell) signal lighting up (yellow arrow).

Among the three-line RCIs, only RCI9 is rising.
If RCI9 reverses downward, all three RCIs may align to move downward.
In other words, price could also experience a strong decline.

In such a situation,BODSORsignal lights up (yellow arrow).

Immediately after BODSOR signal lights up, four consecutive bearish candles occur. In this casethe indicator has been functioning well as a signal for a reversal sell.Indicator that displays Buy the dips / Reversal sell signals [BODSOR]Twitterhttps://twitter.com/RCIX3LineBloghttp://bodsor.blog.fc2.com/Investment Navi+https://fx-on.com/navi/serial/?id=359YouTubehttps://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGwUSD/JPY 1-HourCAD/JPY 1-Hour
the indicator has been functioning well as a signal for a reversal sell.


Indicator that displays Buy the dips / Reversal sell signals [BODSOR]


Twitter
https://twitter.com/RCIX3Line

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

Investment Navi+
https://fx-on.com/navi/serial/?id=359

YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw


USD/JPY 1-Hour



CAD/JPY 1-Hour