[MT5 version mBDSR (RCI2 local filter) usage example] Look for signs of rebound around the moving average that is being emphasized

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

mBDSR (Product ID 11836) Purchase Bonus】Montage MT5 Indicator (Beta) “mBDSR (No filter, RCI filter, MA filter)”
https://www.gogojungle.co.jp/tools/indicators/56765




【Mastering RCI!! Trend reversal, buying on dips, selling on rallies】
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



MT5provides by default4-minute chartas a standard option.


AUD/USD 4-minute chart


The higher timeframe status is omitted.

Looking at the 5-minute chart above, what is considered important in this case isthe vicinity of the 1-hour EMA21where there is a rebound tendency. After that,the dip-buy signal of mBDSR (two RCI filters)lights up and the price rises significantly.

From this example,a trading method focusing on rebounds at moving averagesandthe signal of mBDSRshow a high degree of compatibility.


Note: In the charts introduced in this article, for convenience of explanation, circles, lines, and squares may be drawn.



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

　A PDF file containing 358 items (over 1,400 pages, over 470,000 characters) is included.

Many of theseoutline cases where multiple higher-timeframe and lower-timeframe conditions are logically linked using the three-line RCI, and ultimately waiting for dip-buy or pullback sell timing (i.e., the MBDSSR signal) on the lower timeframe.

Additionally,there are many that emphasize identifying points where multiple entry reasons coincide.

Also included is a method to explore upward or downward targets using the three-line RCI..

In the PDF file descriptions,more than 1,350 chartsare used.