【RCI3 single line+mBDSR】Euro Pound 1-hour chart example of a pullback sell signal
Campaign is ongoing until January 10, 2019.
The BODSOR sales page is here.
BODSOR is an indicator developed to improve the entry accuracy when using the three-line RCI to buy on dips or sell on rallies.
This time, an extra indicator named [mBDSR] has been bundled with 【BODSOR】.
【mBDSR】 (extra indicator):
The development concept is the same as【BODSOR】, but the arrow signal generation conditions and their calculation method are completely
different.
Because more arrow signals occur than with【BODSOR】, there is a higher possibility of catching entry opportunities
that could not be captured with【BODSOR】.
The figure below is the EUR/GBP 1-hour chart.
EUR/GBP 1-hour
Upper: mBDSR
Lower: Three-line RCI (red: RCI9, light blue: RCI26, yellow: RCI52)Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, all three RCIs may descend, indicating a potential price drop.
In other words, a strong decline in price may occur.
In such a scenario,mBDSR’s pullback selling signal (yellow arrows circled in the diagram) lights up.
Immediately after the signal lights, five consecutive bearish candles appear, and the price is clearly moving downward.
The BODSOR sales page is
here.
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Invest Navi Plus
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Examples of pullback buying and reaction selling signals on the EUR/JPY 1-hour chart
※In the charts within this article, for convenience, currencies, lines, and boxes may be drawn, so please understand.
.
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Invest Navi Plus
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Examples of pullback buying and reaction selling signals on the EUR/JPY 1-hour chart
※In the charts within this article, for convenience, currencies, lines, and boxes may be drawn, so please understand.
.
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