【RCI3 Three-line + mBDSR】Dollar-Yen 5-minute chart Retracement selling signal 20181206
※Campaign is ongoing until January 10, 2019.
The BODSOR sales page ishere.
※ BODSOR is an indicator developed to improve entry accuracy when buying on a dip or selling on a bounce using three RCI lines.
to enhance entry accuracy.
This time, a bonus indicator 【mBDSR】 has been included with 【BODSOR】.
【mBDSR】（Bonus Indicator）：
The development concept is the same as for【BODSOR】, but the arrow signal generation conditions and their calculation method are completely different.
Because more arrow signals occur than with【BODSOR】, the opportunity to catch entries that could not be captured with【BODSOR】is increased.
The figure below shows the USD/JPY 5-minute chart.
USD/JPY 5-minute chart
Top row：mBDSR
Among the three RCI lines, only RCI9 is clearly rising.
If the RCI9 turns downward, all three RCI lines may head lower.
In other words, prices may drop strongly.
In such a situation, the mBDSR’s return-sell signal (yellow arrows circled in circles) lights up.
Immediately after the signal lights, two bearish candles appear consecutively. Thereafter, the price continues to decline steadily.
This shows that the pattern of aiming for a pullback after the RC3 double top and the short-term line RC9 of the RC3 lines.
is a very common pattern where the pullback is targeted.
The BODSOR sales page is
here.
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navi+
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Example of buy-on-dip and sell-on-rally signals on USD/JPY 1-hour chart
※In the charts in this article, for ease of explanation,円 (yen) and straight lines or squares may be drawn, so please understand.
