[MT5 Version RCI攻略!!] EUR/JPY Higher Timeframe: Previous High, Double Top, and mBDSR Rebound Sell Signal

The MT5 beta version has been released!!

mBDSR (Product ID 11836) Purchase Bonus】 MT5 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】

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



MT5includes12-minute chartand6-minute chartas standard availability.


EUR/JPY 1-hour chart


From the above 1-hour chart, we will look at the area encircled in white on the lower timeframes.


EUR/JPY 12-minute chart


EUR/JPY 6-minute chart


On the 12-minute and 6-minute charts above, in the 1-hour chart,the previous highwas reached,a double topformed and declined.Double topThe timing of the drop starting on the right peak isthe return signal of mBDSR (RCI with two filters)which captures it well.

From this example,the high synergy between a trading method focused on the previous high or double topandmBDSR signalis evident.


*Note: In this article, for ease of explanation, charts may include added circles, lines, or rectangles.



An indicator that shines in combination with RCI【BODSOR・mBDSR】
and Methods/Case Studies (PDF) ★GogoJungle AWARD2020 winner★

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

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

Many of theseare compiled to consider the status of multiple lower timeframes by logically linking higher and lower timeframes using three RCI lines, ultimately waiting for the dips on the lower timeframes or the timing of the pullbacks (i.e., the mBDSR signal)..

Additionally,many focus on capturing points where multiple entry reasons overlap..

Also included is a methodto explore potential upside targets and downside targets using three RCI lines..

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