【RCI3 Three-Line + BODSOR】High-precision return sale signal - EUR/USD
The figure below is a chart of EUR/USD on the 1-hour and 30-minute timeframes.
EUR/USD 1-Hour
Upper part:BODSOR
Lower part: 3-line RCI (Red: RCI9, Light Blue: RCI26, Yellow: RCI52)
EUR/USD 30-Minute
Upper part:BODSOR
Lower part: 3-line RCI (Red: RCI9, Light Blue: RCI26, Yellow: RCI52)
Sell-into-strength Signal (yellow arrows encircled)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and falls, there is a possibility that all three RCIs will decline.
In other words, the price may also fall strongly.
In such a situationBODSOR’s sell-into-strength signal (yellow arrows) lights up.
In the above example, compared with the 1-hour chart, the 30-minute chart signals the sell-into-strength earlier by one timeframe.
An indicator developed to enhance the accuracy of entries when using the three-line RCI for pullbacks or pullback buying.
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USD/JPY: Example of pullback buying and sell-into-strength signals on the 1-hour chart
※Some charts in this article may include additions such as circles, straight lines, or rectangles for ease of explanation,
so please understand.