Dollar/Yen 30-minute chart Pullback Sell Signal [RCI 3-Line + mBDSR]
※Campaign is ongoing until January 10, 2019.
The product page for BODSOR (mBDSR) is here.
※ BODSOR is an indicator developed to improve entry accuracy when using the RC I3-line to buy on pullbacks or sell on retracements.
Now, the BODSOR includes a bonus indicator called mBDSR.
【mBDSR】 (Bonus Indicator):
Its development concept is the same as 【BODSOR】, but the arrow signal generation conditions and their calculation method are completely
different.
Because more arrow signals occur than with 【BODSOR】, there is a higher possibility of catching entry opportunities
that could not be caught with 【BODSOR】.
The figure below is the USD/JPY 30-minute chart.
USD/JPY 30-minute chart
Upper row: mBDSR
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, all three RCI lines may move downward, creating a scenario.
In other words, there is a possibility that price will also drop sharply.
In such a situation, the mBDSR
After the signal lights up, the price retraces stay within a few pips, and the decline proceeds smoothly,
as can be seen. (It has dropped about 30 pips at one point.)
The BODSOR (mBDSR) sales page is here.
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http://bodsor.blog.fc2.com/
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Example of push-back buying and retracement selling signals on USD/JPY 1-hour chart
※ In the charts within this article, for convenience of explanation, yen signs, straight lines, squares, etc. may be drawn, so please understand.