[MT5 Version] RCI3 One-Line with Counter Trend Line and mBDSR Buy Signal on Pullback

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




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

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



MT5includes a standard 6-minute chart.


Pound Dollar GBPUSD 1-hour chart


Looking at the area circled in white on the top 1-hour chart, the 3 lines of RCI are all aligned in a strong upward move. We will carefully watch for a dip-buying opportunity on lower timeframes.


Pound Dollar GBPUSD 6-minute chart


On the 6-minute chart above,counter-trend lineis broken upward, and on the subsequent declinemBDSR (RCI 2-filter) dip-buy signallights up, and price rises solidly from right after.

From this example,the trading method focusing on the RCI three-line and counter-trend linesandthe signal of mBDSRappear to be highly compatible.


※ Please note that in the charts introduced in this article, circles, lines, and rectangles may be added for easy explanation.



An indicator that shines when combined with RCI【BODSOR・mBDSR】
and method, 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 words).

Many of them aresummaries of examples where upper and lower timeframes are logically linked using the three-line RCI, sequentially considering multiple lower timeframes, and ultimately waiting for a dip-buying or rally-selling signal on the lower timeframe (i.e., mBDSR signal)..

Also,many emphasize identifying points where multiple entry signals overlap..

Additionally,there are methods exploring upside and downside targets using the three-line RCI..

In the PDF explanations,more than 1,350 chartsare used.