Counter trend line, the third wave, and mBDSR (RCI2 double filter) pullback-buy signal

※On May 4, 2024Upgrade of major indicators for 【mBDSR】has been implemented.
Not only the arrow sign, but also alerting is now possible when the star sign lights up for the first time.
Also,4K monitor対応allows arrows and stars to be displayed even larger.
For details, please read the following 投資ナビ＋ article.
　Upgrade of major indicators for 【mBDSR】
　　https://www.gogojungle.co.jp/finance/navi/articles/69373



In recent 投資ナビ＋ articles,there are many examples showing the high compatibility between various trading methods and mBDSR signalsto help understand.


GBPCAD 4-hour chart


Looking at the 4-hour chart above,Counter-trend linein the pullback after the breakoutmBDSR (RCI two-filter) buying signallights up and rises.Early movement of the third waveis being captured.

From this example,a trading method focused on counter-trend linesanda trading method aiming for the third waveandthe harmony with mBDSR signalsare evident.



An indicator that shines when combined with RCI【BODSOR・mBDSR】
and methods & case studies (PDF) ★GogoJungle AWARD 2020 winner★

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

　The PDF file includes 301 files (over 1,000 pages, over 350,000 characters in total).
Many of them are aboutusing 3-line RCI to logically link higher and lower timeframes, sequentially examining the status of multiple lower timeframes, and ultimately waiting for pullbacks or reversals in the lower timeframe (i.e., mBDSR signals)as described.
Also,many focus on identifying points where multiple entry reasons overlapas a priority.
The explanations usemore than 1,000 chartsin total.