Double bottom supported by moving average and an buying signal on dips with mBDSR (RCI two-filter)
An Indicator that Captures Tops/Bottoms and Reversals in Combination with RCI: 【mBDSR】
Methods and Case Studies (PDF) ★GogoJungle AWARD2020 Winner★
https://www.gogojungle.co.jp/tools/indicators/11836
The above products include 301 PDFs (methods, case studies, etc.). For a list of the PDF titles, please refer to the article below.
About the 301 PDF files included with 【BODSOR・mBDSR】
https://www.gogojungle.co.jp/finance/navi/articles/34271
EURGBP 1-hour chart
The chart itself is omitted, but the higher time frame is strong, and on the 1-hour chart aboveEMA200acts as supportDouble bottomis forming and there is a strong possibility of an upside move, so it may not be unreasonable to consider a pullback buy scenario. We will look at the area circled in white on the lower timeframe.
EURGBP 15-minute chart
Looking at the upper 15-minute chart,the right-side trough of the double bottom on the higher timeframe (1 hour)is also forming a double bottom on the lower timeframe (15 minutes)on the right-side trough of the double bottom. Theright-side trough of the double bottomis wheremBDSR (filter: RCI26 and RCI52) pullback buy signallights up and rises significantly.
From this example,a trading method focused on the higher-timeframe double bottomandthe signals of mBDSRshow a strong compatibility.
Also, in this example, placing the stop-loss slightly below the recent low (the left trough of the double bottom) allows for a favorable risk-reward trade.
An Indicator with Powerful Performance When Combined with RCI: 【BODSOR・mBDSR】
Methods and Case Studies (PDF) ★GogoJungle AWARD2020 Winner★
https://www.gogojungle.co.jp/tools/indicators/11836
The PDF files include 301 items (over 1,000 pages, over 350,000 words in total).
Many of them areexamples that logically link higher and lower timeframes using the three RCI lines, and finally break down into waiting for pullbacks or retracements on the lower timeframes (i.e., mBDSR signals) by examining the conditions of multiple lower timeframes sequentially..
Also,many of them focus on capturing points where multiple entry reasons overlap..
In the explanations,more than 1,000 chartsare used.
Methods and Case Studies (PDF) ★GogoJungle AWARD2020 Winner★
https://www.gogojungle.co.jp/tools/indicators/11836
The above products include 301 PDFs (methods, case studies, etc.). For a list of the PDF titles, please refer to the article below.
About the 301 PDF files included with 【BODSOR・mBDSR】
https://www.gogojungle.co.jp/finance/navi/articles/34271
EURGBP 1-hour chart
The chart itself is omitted, but the higher time frame is strong, and on the 1-hour chart aboveEMA200acts as supportDouble bottomis forming and there is a strong possibility of an upside move, so it may not be unreasonable to consider a pullback buy scenario. We will look at the area circled in white on the lower timeframe.
EURGBP 15-minute chart
Looking at the upper 15-minute chart,the right-side trough of the double bottom on the higher timeframe (1 hour)is also forming a double bottom on the lower timeframe (15 minutes)on the right-side trough of the double bottom. Theright-side trough of the double bottomis wheremBDSR (filter: RCI26 and RCI52) pullback buy signallights up and rises significantly.
From this example,a trading method focused on the higher-timeframe double bottomandthe signals of mBDSRshow a strong compatibility.
Also, in this example, placing the stop-loss slightly below the recent low (the left trough of the double bottom) allows for a favorable risk-reward trade.
An Indicator with Powerful Performance When Combined with RCI: 【BODSOR・mBDSR】
Methods and Case Studies (PDF) ★GogoJungle AWARD2020 Winner★
https://www.gogojungle.co.jp/tools/indicators/11836
The PDF files include 301 items (over 1,000 pages, over 350,000 words in total).
Many of them areexamples that logically link higher and lower timeframes using the three RCI lines, and finally break down into waiting for pullbacks or retracements on the lower timeframes (i.e., mBDSR signals) by examining the conditions of multiple lower timeframes sequentially..
Also,many of them focus on capturing points where multiple entry reasons overlap..
In the explanations,more than 1,000 chartsare used.
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