Euro-yen March 11, 2024
Euro-Yen 5-minute chart
In the 5-minute chart above, firstEMA200nearbyDouble topis formed and it declines. After thatDouble top necklinenearby, when it returnsmBDSR (RCI two-filter) overbought signallights up and it goes down further.
From this example,a trading method focused on moving averages and double topsandthe signal of mBDSRshow strong compatibility.
Indicator that shines in combination with RCI【BODSOR・mBDSR】
with method and case studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836
283 PDF files are included.
Many of them areexamples that explain how to logically link higher and lower timeframes using three RCI lines, and ultimately lay out a plan to wait for pullbacks or retracements signals on the lower timeframes (the mBDSR signal).as a result.
Also,many focus on capturing points where multiple entry reasons coincide..
In the explanationsmore than 1,000 chartswere used.
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