[Achieve RCI to the utmost!!] Look for signs of a rebound near the moving average that is being watched (3)

【Master RCI to Win Big!! Trend Reversal, Buy-the-Dip, and Sell on Retracements】
An indicator that shines when used in combination with RCI: 【BODSOR・mBDSR】
and method / case studies (PDF) ★GogoJungle AWARD 2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836

　The PDF file includes 358 documents (over 1,400 pages, over 470,000 characters).


Earlier this year, the MT5 version (Beta) 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

　To make better use of the MT5 version of mBDSR, another 88 PDFs (over 330 pages, over 320 chart sheets, over 120,000 characters) have been added.



EUR/USD 15-minute chart


The status of higher timeframes is omitted. Also,Overview of how to drill down from higher to lower timeframes using RCIis explained in detail in the accompanying PDF, so it is also omitted here. This is not just looking at a 5-minute chart randomly.

In actual trading, when planning a strategy,awareness of higher-timeframe conditionsanddrill-down from higher to lower timeframes using RCIare extremely important.

Looking at the 5-minute chart above, what is emphasized in this case isnear the 4-hour EMA21rebound. After that,the mBDSR (RCI two-filter) pullback buy signallights up and the price rises significantly.

From this example,a trading method focused on rebounds at moving averages and the RCI three-line setupandthe signals of mBDSRshow a high degree of compatibility.

Also in this example, by placing the stop-loss slightly below the recent lowthe trade has a favorable risk-reward profile.


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



The indicator that shines in combination with RCI is【BODSOR・mBDSR】
and the method / case studies (PDF) ★GogoJungle AWARD 2020 winner★

https://www.gogojungle.co.jp/tools/indicators/11836

　The PDF file includes 358 documents (over 1,400 pages, over 470,000 characters).

Most of them are compiled by taking advantage of the RCI three-line setup to logically link higher and lower timeframes, sequentially considering the status of multiple lower timeframes, and ultimately waiting for a pullback buy or a retracement sell signal on the lower timeframe (i.e., the mBDSR signal).

Also,many of them emphasize identifying points where multiple entry reasons overlap..

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

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