BinaryEasy Dolly 15 Strategy - Fibonacci + Dolly for Binary Op

Download Link:
https://www.dropbox....FibBreakOut.rar


After watching different youtube videos about different systems It came into my mind to try an build an binary options strategy towards CJA's (TSD) Dolly 15 system. Make an breakout strategy that everyone can visually understand. Admin, I didnt test it much, i plumb it up today and sharing here so everyone can try it off, and see how you can find it useful, improve it and make something strong together in this thread.

Rules i found as working during my tests today:

1. We approach fibonacci green dotted line
2. We let the candle break the fibonacci line
3. We wait for Dolly tell us 100% short or long signal
4. Enter 2 minutes trade on 5 minute chart

2nd Signal Type:

1. When the yellow 1-2-3 fibonacci appears
2. You wait for 161.8 approach
3. When candle getting close to 161.8 (from above for short, from under for long)
4. Let Dolly suggest 100% Long or Short, allow candle start breakthrough the 161.8 level and enter here for 2 minutes trade

3rd Signal Type:

 

1. I've added SR_Dots (Support Resistance) I didnt test it but we can possibly trade those also by utilizing the Dolly suggestions when candle touch the SR for resistance or support (SR_Dots included in the rar file and are pre-set in the template, but not in the screen shot I posted in this post).

Screen Shot (in posted version MBFX timing replaced with Stochastic):
http://content.screencast.com/users/...2014-00.55.png


Trades I did today PURELY with this system:
http://content.screencast.com/users/...2014-01.02.png

http://content.screencast.com/users/...2014-01.03.png
http://content.screencast.com/users/...2014-01.03.png
Lets see how we can turn this system into profitable for all of us, share your ideas, suggestions, even pack it in your way and share back with your modifications. Lets make something good http://www.binaryoptionsedge.com/pub...ault/smile.png

Great weekend everyone!

More:

From my understanding Fibonacci can act as Support Resistance and as Breakout.

We shall test it in this way:

 

1. Candle approaches Fibo line from under, Dolly says 100% long so we getting ready for breakout
2. Candle approaches Fibo lines from under, Dolly says 100% short, we get ready for resistance
3. Candle comes from above, Dolly says 100% long, Fibo acts as Resistance
4. Candle comes from above, Dolly says 100% short, Fibo line acts as Breakout.

Note:

Trades on Breakout can be anything between 1-2M Expiry. Not strictly 2M as I mentioned.

Hi rommark,

Very interesting info to read. I'm trying to download the attachment. However I'm unable to do file from your dropbox link. Nor when I tried to download it direct using "save as" option. The downloaded file becomes corrupted making them unable to open because incomplete. Any alternate link to share please?

Thank you rommark

@Rommark,

Do you know of a binary options company that allows US customers and also allows signing up for a demo account without investing real money up front?

You can use Binary,com that lets you trade in dollars, I use it here in the UK and you can open a demo account as well, only downside is occassionally you get the odd time when the website is down but this happens probably 1-2 times a month?

Just loaded this up and I get an error on the following? Any reason for this?

"2014.09.13 00:29:28.890 array out of range in 'Dolly Graphics v15.mq4' (1529,26)"

I can not get the whole Dolly chart in my screen. Any ideas?

Nice thread Mate, but i am only seeing the result of last 2months not of recent. will be happy if u can shae ur recent result, like last week result

There's a runtime error with the .ex4 file for the Dolly Panel Indicator

Nednones,
How do I correct the runtime error?
ron

That is because it is possibly a first release version that had an issue if you used timeframes above Daily it used to delete the Dolly off the chart it has now been fixed and reposted.
Go to either my website or the tsd link and download the updated Dolly Graphics v15 or the new Dolly Graphics 16 but realise that the Dolly Graphics 16 will not work with the template on this thread.

http://cjatradingtools.com/FREE_Downloads.html

http://www.forex-tsd.com/metatrader-...tml#post697215

Try the new updated Dolly Graphics v15 from the links in the above post and see if that solves your problem.