[MT5 Version] Sell signals on rebounds for mBDSR (RCI 2-line filter) across different timeframes

【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




【Master RCI!! Trend reversal, Buy the dips, Sell the rips】

Indicator that is powerful in combination with RCI【BODSOR・mBDSR】
and methodology & case studies (PDF) ★GogoJungle AWARD2020 WINNER★
https://www.gogojungle.co.jp/tools/indicators/11836



MT5 offers2-minute chart and3-minute chart as standard.


EUR/JPY 1-minute


Looking at the 1-minute chart above,the neckline of the double tophas risen to near themBDSR (RCI two-filter) Sell signallighting up.

EUR/JPY 2-minute


EUR/JPY 3-minute


Looking at the 2-minute and 3-minute charts above, at the same timingmBDSR (RCI two-filter) Sell signalis lighting up. In this case, the signal timing is slightly later than on the 1-minute chart.

From this example,the trading approach focused on double tops and multi-time-frame alignmentandthe harmony with mBDSR signalsare evident.

Also in this example, placing the stop slightly above the most recent high (left peak of the double top) allows forhigh risk-reward trades.


※Please note, charts mentioned in this article may include circles, lines, or rectangles added for explanatory convenience.



Indicator powerful in combination with RCI【BODSOR・mBDSR】
and methodology & case studies (PDF) ★GogoJungle AWARD2020 WINNER★

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

　The PDF file includes 358 items (over 1,400 pages, over 470,000 characters).

Most of them are items that explain a method of linking higher and lower timeframes logically using three RCI lines, examining multiple lower-timeframe conditions in sequence, and ultimately waiting for dips or pullbacks on the lower timeframes (i.e., mBDSR signals).

Also,many of them focus on capturing points where multiple entry reasons overlap..

Additionally,there are methods that explore upward and downward targets using three RCI lines..

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