【Mastering MT5版 RCI!!】Focus on higher timeframes and wait for the mBDSR pullback buying signal

At the beginning of this year, the MT5 beta version was released!!

mBDSR (Product ID 11836) purchase gift】 MT5 indicator (beta) "mBDSR (no filter, RCI filter, MA filter)"
https://www.gogojungle.co.jp/tools/indicators/56765




【Mastering RCI!! Trend reversal, pullback buying, and pullback selling】

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



MT5 offers4-minute chart and3-minute chart as standard.


The higher timeframe chart is omitted, but the following pattern is an example of waiting for a pullback buy signal on the lower timeframe when the three-line RCI on the higher timeframe is strong.mBDSR (RCI 2-line filter) pullback buy signal awaiting on the lower timeframe.


GBPUSD 4-minute chart


GBPUSD 3-minute chart


Looking at the 4-minute and 3-minute charts above, both timeframes timelymBDSR (RCI 2-line filter) pullback buy signal lights up, and the price rises solidly.

From this example,a trading approach focused on the strength of the higher timeframe RCI three-line levels andthe compatibility with mBDSR signals can be seen.


※ In the charts introduced in this article, for convenience of explanation, circles, lines, and rectangles may be drawn, please understand.



An indicator that shines when combined 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 items (over 1,400 pages, over 470,000 characters in total).

Most of them arecases where, by logically linking the higher and lower timeframes using three-line RCI, multiple lower-timeframe scenarios are examined sequentially, eventually waiting for the pullback buy or pullback sell timing (＝mBDSR signals) on the lower timeframe..

Also,many focus on identifying points where multiple entry reasons overlap..

In addition,there are methods that explore rise and fall targets using three-line RCI..

In the PDF explanations,more than 1,350 charts are used.