[MT5 Version] Counter Trend Line and mBDSR (RCI with 2 lines) Buy Signal

【MT5 Version Beta】 has been released!!

mBDSR (Product ID 11836) purchase bonus】MT5 version Indicator (Beta) "mBDSR (No filter, RCI filter, MA filter)"
https://www.gogojungle.co.jp/tools/indicators/56765




【Mastering RCI!! Trend reversal, buy on pullbacks, sell on rallies】

An indicator that shines in combination with RCI【BODSOR・mBDSR】
and technique・case studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836



MT5provides8-hour chartas the standard.


EURUSD EURAUD 8-hour chart


Looking at the above 8-hour chart,the price breaks above the counter-trend lineand on the subsequent pullbackmBDSR (2 RCI filters) buy signallights up, and then the price clearly rises.

From this example,a trading method focusing on the counter-trend lineandthe signal of mBDSRshow a high degree of compatibility.


*Please note that in the charts introduced in this article, for readability, circles, straight lines, and rectangles may have been added.



An indicator that shines in combination with RCI【BODSOR・mBDSR】
and technique・case studies (PDF) ★GogoJungle AWARD2020 winner★

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

　The PDF file is attached with 358 items (over 1,400 pages, over 470,000 characters in total).

Many of themexplain using three RCI lines to logically link higher and lower timeframes, examining multiple lower timeframes sequentially, and eventually waiting for pullbacks or rallies timing (the mBDSR signal) on the lower timeframesas examples.

Additionally,many focus on identifying points where multiple entry reasons align.as well.

Furthermore,a method to explore upward and downward targets using three RCI linesis also included.

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