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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.
hello all,nubie here..
can anyone tell me how to get MA line/MACD line like this chart?
I presume you mean put the MA/MACD into a window like the DIGISTOCH & G#MACD Tading Signals, just let me know what MA's and what setting you want on the MACD
I presume you mean put the MA/MACD into a window like the DIGISTOCH & G#MACD Tading Signals, just let me know what MA's and what setting you want on the MACD
cja
not digistoch & g macd , but in the graf, like HYMNS...4 blue lines and 4 red lines on the graph, the motion like wss 9.4 i think.
I have bought the WWS trial and I see that dolly v.03 is giving the same SELL or BUY stop signals and take profit stop loss.
The only thing dolly v.03 is not doing is to give a warning for oversold or overbought unless you have added this feature in a newer version of dolly.
My question is how this indicator works? I mean I know it works on breakout of prices but what is the actual rule behind this indicator, what cretiria determines when to set a buy or sell order on a specific price?
Your answer will be much appreciated!
You are great!
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