Binary Options Lifestyle System - Full Instructions

Binary Options Lifestyle
The Binary Options Lifestyle System

Lets setup your new template!
If you dont 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. Youll 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.
www.binaryoptionslifestyle.com
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Tips, psychology and a great trading system!
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, and name it BOL System). M5 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
BOL Fight Simulator (the 8 circles on the right)
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 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 displaying the
color of your trade (red for PUT and green 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.
Thats it guys! Its such a piece of cake. $$$$$$$!!!
Lets get to know the indicators of the system and their respective functions!
1) The 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 well have a reversal candle.
This indicator does not repaint! However, as we know, we cant tell which candle exactly
will reverse on those overbought and oversold areas. Thats why the bombs alone are not
signals themselves and well use other indicators to know exactly when to take the trade.
2) BOL Fight Simulator: Those 8 circles simulate the battle between Buyers and Sellers
within each candle. Lime and green represent the Buyers and orange and red 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 already displaying any green circles (it doesnt 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 wont 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 hasnt 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! Youll get yourself a nice win.
3) BOL Support & Resistance lines: The best way to explain how these support 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 didnt touch them, its 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 wed 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. Its better to miss a trade than to lose one. ;)
Ps: We dont need to trade only when price is at support and resistance, but of course those
are very strong trades.
4) BOL High & Low (the green 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,
well see a candle reversal. However, since we want an over 90% winning rate system,
well use the other indicators along.
Ps: Thats why the candle size is important here. Zooming it in 3 times from zero is the perfect size
for the BOL High & Low 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, well
count on the other indicators to give us more precision.
The perfect setup would be this: BOL High & 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. Thats it guys. Its not complicated. ;)
But the thing is, we wont 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 dont open a trade if the candle is close to
a S&R line and hasnt touched it. As I said, trading only off S&R is not mandatory, but these
are the strongest trades. Otherwise, if theres no S&R close by, Ill 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 in the middle or BOL Fight
Simulator hasnt showed any signs of reversal, I wont do anything.
3- If you want to trade during news, make sure you use the most conservative mode possible.
Or just dont trade during news.
4- Lets say the candle is closing bullish () and BOL Fight Simulator has already fixed orange
or red circles at the time it closes, its a very strong signal. Its like its 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, its 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. Youll know when it happens.
5- 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 dont 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 its not a news candle. (Recommended for advanced users of the
system).
6- Take the first trades with $1 until you feel comfortable with the system. Its 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? Etc. These are questions I cant answer. In fact, theres
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 dont always wait for the bombs. I look for pairs where BOL High & 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. Its 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 making a new juicy bottom.

2- Candle is closing bearish () with its body on that support and BOL Fight 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 its 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 dont need to wait for the candle to close. You can open the trade at the simultaneous
touches. Thats it.
That candle retraced and I had a nice winner over there!

5- They both should be considerable (I like 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 youll know when you should take this 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.
Thats 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 blogs 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. Its 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 How to have a
nearly 95% winning rate with no
martingales. It will blow your mind, Im
positive!
The best of luck, guys!

I wish you lots of success and a fulfilling trading
experience!

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Binary Options Lifestyle

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