【RCI3 main line plus BODSOR】USDCHF Daily chart from pullback selling signal to buying signal on pullback

BODSOR: An indicator developed to improve entry precision when performing pullback buying or pullback selling using the RCI 3-line



Examples of utilizing RCI 3-line and BODSOR


The figure below is the USDCHF daily chart.


USDCHF Daily

Upper section:BODSOR
Lower section: RCI 3-line (red: RCI9, light blue: RCI26, yellow: RCI52)


(1) Pullback selling signal (yellow arrow circled)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 turns downward, all three RCIs may turn downward.
In other words, the price may fall strongly.

In such a situation,BODSORpullback selling signal (yellow arrow) lights up.



(2) Buy-on-dips signal (pink arrow circled)

Among the three RCI lines, only RCI9 is clearly falling.
If RCI9 turns upward, all three RCIs may rise.
In other words, the price may rise strongly.

In such a situation,BODSORbuy-on-dips signal (pink arrow) lights up.



Using the RCI 3-line to perform pullback buying or pullback selling
to enhance entry accuracy, this indicator was developed


Twitter
https://twitter.com/RCIX3Line

Blog
http://bodsor.blog.fc2.com/

Investment Navi+
https://fx-on.com/navi/serial/?id=359

YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw


USD/JPY 1-hour: examples of pullback buying and pullback selling signals



Note: In charts within this article, for convenience of explanation, circles, lines, and squares may be drawn.
Please be aware of this.