[MT5 Version] Counter Trend Line and Multi-Timeframe mBDSR (RCI Two-Filters) Buy Signal on Pullback
【MT5 Version Beta】 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
【Mastering RCI!! Trend reversal, buy-the-dip, sell-the-rally】
An indicator that shines in combination with RCI: 【BODSOR・mBDSR】
and techniques, case studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836
MT5offers4-minute chartas the standard
Euro/Yen EURJPY 4-minute chart
Euro/Yen EURJPY 5-minute chart
Looking at the 4-minute and 5-minute charts above, bothbreak above the counter-trend lineand thenretreat to the back of the counter-trend linewheremBDSR (2 RCI filters) buy signallights up, and the price continues to rise.
From this example,a trading method focused on the counter-trend lineand thesignal from mBDSRshow a strong synergy.
*Please note that in this article, charts may have circles, straight lines, and squares added for explanatory convenience.
An indicator that shines in combination with RCI【BODSOR・mBDSR】
and techniques, 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 words).
Many of them aresummaries of scenarios where upper and lower timeframes are logically linked using the 3-line RCI, examining multiple lower-timeframe situations sequentially and ultimately waiting for the dip buy or pullback sell timing (i.e., mBDSR signals) on the lower timeframe..
Additionally,there are many materials that emphasize identifying points where multiple entry reasons coincide..
Also included is a method for exploring upward and downward targets using the 3-line RCI.
In the PDF explanations,more than 1,350 chartsare used.
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