Binary Options Lifestyle System - Full Instructions

Binary Options Lifestyle®

The Binary Options Lifestyle® System Let’s setup your new template! If you don’t know how to put indicators on your MT4 please click on the link below to read the instructions. Do not try to open the files. Extension .ex4 is not to be open. It is to be put on your MT4. Download the .zip file and extract all the files to somewhere in your computer. The instructions on the link will guide you on what to do afterwards. http://en.tradimo.com/learn/metatrader-4/install-custom-indicator/ How to use the system: 1- Put all indicators on a pair on the M5 chart and maximize the candles 3 times from the minimum size.

The colors of the candles or background is optional. Only the size is important. You’ll know

why. You can use the system in any pairs you wish. I particularly like to have 10 pairs open at most. Signals are frequent and too many pairs open may confuse us.

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2- Make a template when your chart is ready with all indicators and the proper candle size. (How to make a template: Just right-click on a chart, then choose Template -> SaveTemplate Save Template,, and name it “BOL System”). M5 M5 chart chart always. Tip: If you name it “Default” instead, all new charts you open from now on will come with the BOL system ready. No need to load the template.

Your template should look like this:

a) b) c) d)

The bombs (non-repaint) Support and Resistance lines (the 8 circles on the right) BOL Fight Simulator (the BOL High & Low (the green line below the main chart)

Trading rules: 1- You will get a bomb with an alert message. 2- You will check if the BOL High & Low green Low green line is at one of the extremities of the indicator. 3- You will check if at least one of the circles from the BOL Fight Simulator is Simulator is displaying the color of your trade (red ( red for for PUT and green green for for CALL). 4- If the candle is close to a support or resistance line, you wait until it touches it, then you open a 5 minute trade in the beginning of the next candle. If S&R is far, just open the trade based on the other 3 indicators. 5- This picture displays a perfect entry. The pointed line is where I took it. In the beginning of that last candle. That’s it guys! It’s such a piece of cake. $ $$$$$$!!!



Let’s get to know the indicators of the system and their respective functions!

1) The bombs: bombs: The bombs show up when the candles are in some overbought or oversold areas. It means that price is about to “blow up” and very soon we’ll have a reversal candle. This indicator does not repaint! However, as we know, we can’t tell which candle exactly will reverse on those overbought and oversold areas. That’s why the bombs alone are not signals themselves and we’ll use other indicators to k now exactly when to take the trade.

2) BOL Fight Simulator: Simulator: Those 8 circles simulate the battle between Buyers and Sellers within each candle. Lime Lime and and green green represent represent the Buyers and orange orange and and red red represent represent the Sellers. The stronger the color, the stronger their strength. These numbers represent calculations with 8 variables. They will show us the present (they change colors along with the price) and sometimes it shows us the future (they change colors before the candle does)! A strong CALL signal is when for instance, the candle is closing bearish ( ↓) and BOL Fight Simulator is Simulator is already displaying any green green circles circles (it doesn´t matter how many). A less strong but also valid signal is when the circles started blinking the reversal color, even though it just blinked. Just blinking is fine too. A not confirmed signal is when I get an alert for a PUT trade, but all circles are green and I see no signs of red whatsoever. It means that the buyers are ruling strong. I won’t open a PUT trade until I see some red circles. Sometimes the candle reverses and you let it go. Wait for another signal. Better safe than sorry. Or if it hasn’t reversed yet, you just keep watching until it displays some red circles. There you go. It was worth the wait. Open a trade in the next candle and bam! You’ll get yourself a nice win.



3) BOL Support & Resistance lines: lines: The best way to explain how these support suppor t and resistance lines influence our System is using the Magnet Analogy. Imagine that those lines are a magnet and the candles are made from metal. Therefore, the magnet will always try to pull the metal towards it. For this reason, if we get a confirmed signal on a candle that closed next to those lines but didn´t touch them , it’s better not to open the trade right now. After all, the magnet (S&R) will probably pull the metal (the candle) towards it. In these cases we’d better wait and only take the trade after the candle touches those lines.

If there are no support or resistance lines close by, I will trade based on the other indicators. Once again, better safe than sorry. It’s better to miss a trade than to lose one. ;) Ps: We don´t need to trade only when price is at support and resistance, but of course those are very strong trades.

4) BOL High & Low (the Low (the green green line line indicator below the main chart): More than 70% of the times that line goes to the extreme levels of the indicator, making new tops and bottoms, we’ll see a candle reversal. However, since we want an over 90% winning rate system, we’ll use the other indicators along.

Ps: That’s why the candle size is important here. Zooming here. Zooming it in 3 times from zero is the perfect size for the BOL High & Low indicator indicator to be precise in its tops and bottoms.



More on how to trade the system… You can either wait for the bomb alert or you can scan through the pairs and look for pairs where the BOL High & Low indicator is at one of the extremities. In other words, about to make a new top or a new bottom. PS: I want you to pay close attention to this point of the system as I consider it the most important. When BOL High & Low makes new tops and new bottoms in our eyesight (with the candles at the size I told you) you can expect a candle reversal. To know exactly where, we’ll

count on the other indicators to give us more precision. The perfect setup would be this: this: BOL High & Low is Low is at one of the extremities about to make a new top or a new bottom. Price is closing right on or through a nice Support or Resistance line. The circles of the BOL Fight Simulator already changed colors. Bam, you open a 5 minute trade at the last second of that candle . That’s it guys. It’s not complicated. ;) But the thing is, we won’t see this perfect setup so frequently, so we can juggle with some

combinations of the 3 indicators too! Important points to consider: 1- Make sure you understand the Magnet Analogy . I don’t open a trade if the candle is close to a S&R line and hasn’t touched it. As I said, trading only off S&R is not mandatory, but these are the strongest trades. Otherwise, if there´s no S&R close by, I’ll make sure BOL High & Low and BOL Fight Simulator are saying yes. Then I take the trade. 2- If price hits a Support or Resistance line but BOL High & Low is Low is in the middle or BOL Fight Simulator hasn’t showed any signs of reversal, I won’t do anything. 3- If you want to trade during news, make sure you use the most conservative mode possible. Or just don’t trade during news.

4- Let’s say the candle is closing bullish (↑ ( ↑) and BOL Fight Simulator has already fixed orange or red circles at the time it closes, it’s a very strong signal. It’s like it’s showing us the future before it happens. Good signal for PUT. However, if red was at least blinking during that candle, even though circles were all green at the time the candle closed, it’s also a signal. In a nutshell: A signal is when the circles either changed colors ultimately (very strong) or when the colors at least were trying to show up during that candle (good signal too, given the other parameters). The few times I skip the BOL Fight Simulator confirmation is when the other 2 indicators are extremely juicy. Ie: Price is closing by a nice S&R and BOL High & Low is extremely high or low. You’ll know when it happens.



5- Sometimes Sometimes I open a trade at the touch of a Support or Resistance line, instead of waiting for it to close. When the candle is too big compared to the other candles around and I see some other confirmation from the other indicators, I don’t wait for the candle to close. I open a trade at the touch of a S&R line. Darn right that candle will retrace and I will get a nice win. Use this strategy when it’s not a news candle. (Recommended for advanced users of the

system). 6- Take the first trades with $1 until you feel comforta ble with the system. It’s gonna be yours forever and the sky is the limit. 7- Questions like: What is “close to a S&R line”? How far enough is good? How big should the candle be for me to trade at the touch? touch ? Etc. These are questions I can’t answer. In fact, there’s no answer to those questions. You will know after some acquaintance with the current market behavior and the indicators of the system. 8- Sometimes I like taking 15 minute trades instead! My broker pays more for 10 - 15 minute trades. 9- As I said before, I don’t always wait for the bombs. I look for pairs where BOL High & Low is Low is at one of the extremities about to make new tops and bottoms! 10- If the candle touched a S&R line but retraced and closed with a big wick, wait for the next candle. It’s better when the body of the candle is touching or crossing those lines. Look at the perfect entry in the example below:

1- BOL High & Low is Low is making a new juicy bottom. 2- Candle is closing bearish (↓ (↓) with its body on that support and BOL Fight Simulator has Simulator has already 4 green circles. What a perfect signal! 3- Do I need to say I won that trade? :P



The SS&RR strategy Double Support & Resistance

Disclaimer: For advanced traders only

1- Switch the Japanese candles to the Line mode (optional):

2- Draw support and resistance lines on the BOL High & Low indicator, based on the more extreme tops and bottoms your eyesight can reach:

3- The reason why I like to use the Line mode instead of the Japanese candlesticks is that when you trade Support and Resistance from the main chart in combination with support and resistance from the BOL High & Low indicator, the Line mode will give you a clearer vision. But if it’s too unusual for you, stay with the Japanese candlesticks.



4- Open a trade when you see simultaneous supports or resistances being hit at the same time. You don’t need to wait for the candle to close. You can open the trade at the simultaneous touches. That’s it.

That candle retraced and I had a nice winner over there! 5- They both should be considerable (I like to to call juicy) supports and resistances. If your are not confident to open this trade, just stick to the basic rules and wait for the candle to close. 6- I put this advanced mode here because with time you’ll know when you should take t his kind of trade. This is me wanting to share with you exactly how I trade, with all my tricks and stuff. 7- Master the indicators and the basic rules as you are familiar with the palm of your hand. Then you can take off from there.

That’s it guys! Please read this manual more than once to really grasp all I am saying here.



Notes from Lisa: Please make sure you read all my blog’s posts as they are too part of the full pack. If you have a history of overtrading, lack of self-control, etc. I highly recommend you follow some sort of trading plan and stick to it. This system can get addictive. Despite the simplicity and ease of the system, take the first few trades with $1 until you get comfortable with it. It’s gonna be yours forever and the sky is the limit!

Now, before you start trading, read the special bonus I sent you in your pack “ ”. It will blow your mind, I’m positive!

The best of luck, guys! I wish you lots of success and a fulfilling trading experience!


Binary Options Lifestyle System - Full Instructions

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