Another day and the results were very even for both setups although your 1st trade with the standard Dolly would have been a BULLISH CORRECTION trade while the OPEN Dolly's 1st trade was a standard BUY AREA to 1st SELL TARGET trade followed by a BEARISH CORRECTION trade as price bounced off the Daily Pivot, i think the Daily Average areas are more accurate turning points on the OPEN version as well, Also worth noting was that price reversed after the GBP NEWS at the 4/8 MM level just above the Daily OPEN on the M15 chart and also look at the times that price moved using the Dolly Trading Times indicator.

I have posted the Dolly OPEN indicator for those of you who might want to assess it and compare to the standard Dolly performance, i have named it the Open Graphics to try and avoid confusion for those who might join in this thread at a later date. If enough people use this indicator and it stands the test of trading in its own right then we should probably start a new thread with it.




Open Graphics.mq4

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