Master RCI!! The Important Moving Averages, the Double Top, and mBDSR (RCI two-filter)

At the beginning of this year, the MT5 version was 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




An indicator that shines in combination with RCI【BODSOR・mBDSR】
and its methods & case studies (PDF) ★GogoJungle AWARD2020 Winner★
https://www.gogojungle.co.jp/tools/indicators/11836



CAD/JPY 5-minute chart


The higher time-frame status is omitted. On the upper 15-minute chart, in this case, the higher-time-frame status is considered important1-hour EMA200rising near the nearby area,Double topformed and then declined.

As a resultDouble topthe timing of the drop starting on the right peakmBDSR (2-filter RCI) short-selling signaleffectively captures it.

From this example,the trading method focused on key moving averages and the double topandsignals from mBDSRshow a high degree of compatibility.

Also in this example, placing the stop loss slightly above the recent high (the left peak of the double top)andthus enabling a high risk-reward trade.


※ Please note that in the charts introduced in this article, for convenience of explanation, circles, lines, squares, etc. may be drawn.



An indicator that shines in combination with RCI【BODSOR・mBDSR】
and its methods & 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 summaries of how to logically link higher and lower time frames using three RCI lines, examining multiple lower time frames step by step, and ultimately waiting for buy-on-dips or sell-on-rebounds on the lower time frames (i.e., signals from mBDSR).

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

Furthermore,there are methods that explore upward and downward targets using the three-line RCI..

In the description within the PDF files,over 1,350 chartsare used.