Ichimoku With Pallada Forex Scalping Strategy

0
988

Ichimoku With Pallada Forex Scalping Strategy

This system uses Ichimoku indicator as a filter of ADX advanced and pallada entry. This strategy works on a 15-minute timeframe and can be applied to all major currency pairs.

Metatrader Indicators

  • Ichimoku indicator,
  • Advanced ADX indicator,
  • Pallada Entry indicator,
  • Pivot Point levels,
  • Timeline indicator,
  • TZ Pivot D,
  • Heiken Ashi Candle.

Long Entry:

  • Heiken Ashi Candle must close above the cloud Kiju blue line.
  • Advanced ADX is greater than 20 and 20 is greater than 50 at the close of the candle.
  • Pallada Entry indicator shows a buy arrow.
  • Open an buy order 2 pips above the high of the signal candle when it closes.

Short Entry:

  • Heiken Ashi Candle must close below the cloud Kiju blue line.
  • Advanced ADX is greater than 20 and 20 is greater than 50 at the close of the candle;
  • Pallada Entry indicator shows a sell arrow.
  • Open a sell order 2 pips below the low of the signal candle when it closes.

Exit Position:

  • Place initial Stop loss at 20-25 pips.
  • Take profit at the pivot points levels or with profit target predetermined.

Recommended MT4 Broker

XM Broker

  • Free $50 To Start Trading Instantly! (Withdraw-able Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year
  • Exclusive 50% Cash Rebates for all Trades!

50 Rebate

>> Sign Up for XM Broker Account here with Exclusive 50% Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐


Click here below to download:

Save

Save



Get Download Access

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.

LEAVE A REPLY

Please enter your comment!
Please enter your name here