Yesterday's GBP/JPY mBDSR (RCI 2-band filter sign) ~ multiple entry grounds ~

Indicator that shines in combination with RCI【BODSOR・mBDSR】
Methods, Case Studies (PDF) ★GogoJungle AWARD 2020 winner★

https://www.gogojungle.co.jp/tools/indicators/11836

　The PDF file kit includes 283 items.
Many of them are examples that have been distilled into a form where, by linking the higher and lower timeframes logically using three RCI lines, you can sequentially analyze the conditions of multiple lower timeframes and finally wait for the timing to buy on dips or sell on rallies in the lower timeframe (the mBDSR signal)..
Also,many focus on capturing points where multiple entry reasons overlap..
In the explanations,more than 1,000 chartsare used.




In a recent Investment Navigator+ article,we highlight examples that demonstrate the high compatibility between various trading methods and the mBDSR signals.


GBPJPY Daily


If you look at the area circled in white on the daily chart above, along upper shadow candle (pin bar) indicating a potential declinehas formed. It may not be strange to consider further downside.


GBPJPY 1-Hour


On the 1-hour chart above, after apin barformed on the daily chart,mBDSR (filter: RCI26 and RCI52) reversal signal lights up, and subsequently the price has been moving down smoothly.

From this example,the high compatibility between pin bar-focused trading methods andthe mBDSR signals is apparent.



Indicator that shines in combination with RCI【BODSOR・mBDSR】
Methods, Case Studies (PDF) ★GogoJungle AWARD2020 winner★

https://www.gogojungle.co.jp/tools/indicators/11836

　The PDF file kit includes 283 items.
Most of them are examples that have been distilled into a form where, by linking the higher and lower timeframes logically using three RCI lines, you can sequentially analyze the conditions of multiple lower timeframes and finally wait for the timing to buy on dips or sell on rallies in the lower timeframe (the mBDSR signal).Also,
many focus on capturing points where multiple entry reasons overlap..
In the explanations,more than 1,000 chartsare used.