No, that's not possible with the Dragonfly #4. Dragonfly #4 is a fixed pitch helicopter. The most it will ever be able to do is hover around and do forward flight. If you really push it, and you're good enough, you can also roll it and do loops (although they'll be REALLY hairy and a real risk to your helcopters well being .

In order to do the style of flying he's doing there, you'll need a collective pitch helicopter and a computer heli radio. Something that is capable of applying sustained negative pitch (thrust) on the rotorhead allowing the helicopter the full three dimenions of movement.

There's all kinds of posts here on FP vs CP helis, I suggest reading up on them to better understand how the different rotor heads operate and the advantages/disadvantages of each.