The Dolly trading system was created back in 2006 from a group of forex trading community. It was originally based on a commercial trading system, which was popular during that time, WSS system. So a clone of the commercial system was created for free to use. CJA was the coder for Dolly graphics Indicator since 2007. The current latest version is v18 which you may download it from mql5 forum website.
Dolly graphics_v18 indicator
Basically this indicator is trade mainly on the breakout of forex instruments. The comment section on the left top corner of the chart gives a suggestion of pending buy/sell order, with stoploss and target profit level. Additionally there are also a suggestion of bullish and bearish correction with entry, stoploss and target placement. This system mainly trade on lower timeframe such as M5, M15 and M30. The indicator are highly customizable according to you need and trading style.
Inside the indicator there is a indicator instruction available if you need more information about it.
Take a look at below screenshot from the indicator instruction:
This system can be trade on any currency pairs, and also Metals, stocks CFD and indices. All you need to do is customise the level of buy/sell area and target level.
Below was the example of most recent USDJPY m15 chart with Dolly Graphics v18 indicator.
