Wrap-up and pullback high and mBDSR (RCI2 filter with 2 lines) buy signal

【Mastering RCI!! Trend Reversal, Buy the Dip, Sell the Rally】

Indicator【BODSOR・mBDSR】that greatly amplifies its power when combined with RCI
Methods and Case Studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836



AUDJPY 30-Minute Chart


If you look at the area circled in white on the 30-minute chart above, it suggests a potential trend reversalEngulfinghas appeared. It might not be odd to consider buying on dips on lower timeframes.


AUDJPY 5-Minute Chart


On the upper 5-minute chart, there is a rebound from a downtrend. And on the 30-minute chartEngulfingappears. ThenBreakout of the high of the retraceafter the rally,mBDSR (Filter: RCI26 and RCI52) Buy-the-Dip signallights up and the price rises firmly.

From this example,a trading approach focusing on engulfing patterns and retrace highs (Dow Theory)andthe signals of mBDSRshow strong compatibility.


※ Please note that in the charts introduced in this article, for convenience of explanation, circles, lines, and boxes may have been added.



Indicator【BODSOR・mBDSR】that greatly amplifies its power when combined with RCI
Methods and Case Studies (PDF) ★GogoJungle AWARD2020 winner★

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

　The PDF file comes with 358 files (over 1,400 pages, over 470,000 words in total).

Many of these are summaries of examples that break down the situation on several lower timeframes by logically linking the higher and lower timeframes using the three-line RCI, ultimately waiting for the timing of a dip-buy or a pullback (the mBDSR signal) on the lower timeframe.

In addition,many focus on identifying points where multiple entry reasons align..

Also included is a method for exploring upside and downside targets using the three-line RCI.

In the PDF explanations,more than 1,350 chartsare used.