【BODSOR】High-precision short-selling using the RCI3 main line AUDUSD 20180808
The figure below is the AUDUSD 15-minute chart.
AUDUSD 15-minute chart August 8, 2018
Upper section:BODSOR
Lower section: Three RCI lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Dip-buying signal (yellow arrow enclosed in a circle)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 turns downward, there is a possibility that all three RCIs will decline together.
In other words, price may also experience a strong drop.
In such a situationBODSOR dip-buying signal (yellow arrow) lights up.
【BODSOR】An indicator developed to improve entry accuracy when using the three RCI lines for pullbacks or pullback selling.
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Example of pullback buy and pullback sell signals on the 1-hour USD/JPY chart
Note: In the charts in this article, for convenience of explanation, circles, lines, and rectangles may be added, so please understand.
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