Past notable lows and mBDSR (RCI2 double-filter) signals 2024/04/22

GBPUSD 1-hour timeframe


On the 1-hour chart above,the notable previous lowsare approached,the mBDSR (RCI two-filter) overbought/sell signallights up and it declines.

From this example,a trading method focused on notable past lowsandthe signals of mBDSRshow a high degree of compatibility.



Indicator that proves powerful when combined with RCI【BODSOR・mBDSR】
and method・case studies (PDF) ★GogoJungle AWARD2020 winner★

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

　The PDF file includes 286 items.
Many of them explain the process of logically linking higher and lower timeframes using three RCI lines to examine multiple lower-timeframe situations sequentially, ultimately arriving at a timing for buying on dips or selling on rallies in the lower timeframe (i.e., the mBDSR signal).
Also,many focus on identifying points where multiple entry criteria overlap..
Explanation usesover 1,000 charts.