Double Top Neckline and mBDSR (RCI with 2 filters) Sell Signal
Indicator that shines in combination with RCI【BODSOR・mBDSR】
and methods & case studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836
A total of 283 PDF files are included.
Many of them are examples that have been distilled into a form that considers multiple lower timeframes sequentially by logically linking the higher and lower timeframes using 3-line RCI, and finally waiting for the timing of pullbacks or sell-offs in the lower timeframes (the mBDSR signal)..
Also,many focus on capturing points where multiple entry reasons converge..
In the explanations,more than 1,000 chartsare used.
In recent Investor Navi+ articles,we present examples that show the high compatibility between various trading methods and the mBDSR signals.
EUR/JPY 1-hour
If you look at the area circled in white on the 1-hour chart above,you can see that it has risen to the neckline of a double top. It may not be unusual to consider selling on retracements on the lower timeframe.
EUR/JPY 30-minute
Looking at the 30-minute chart above,it rose to the neckline of a double topand then fell back. In the subsequent rise,the mBDSR (Filter: RCI26 and RCI52) pullback sell signalactivated, and price continued to decline.
From this example,a trade method focused on the neckline of a double topandthe mBDSR signalsshow a high degree of synergy.
Indicator that shines in combination with RCI【BODSOR・mBDSR】
and methods & case studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836
A total of 283 PDF files are included.
Many of them are examples that have been distilled into a form that considers multiple lower timeframes sequentially by logically linking the higher and lower timeframes using 3-line RCI, and finally waiting for the timing of pullbacks or sell-offs in the lower timeframes (the mBDSR signal)..
Also,many focus on capturing points where multiple entry reasons converge..
In the explanations,more than 1,000 chartsare used.
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