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Forex EA Pallad v3.4 (Enjoy Free BONUS TickScalper)

Forex EA Pallad v3.4 (Enjoy Free BONUS TickScalper)
Click to enlarge
Price: $97 $17
Availability: In Stock
Model: TC020wsctnt
Manufacturer: Missionforex
Average Rating: 3 out of 5 Stars!

Pallada Trading Strategy

 Pallada is half-automatic trading strategy , all trades should be opened manually

according to signals of indicators! Smart_trailing expert is built in Pallada, so

when you open trade, your position is managed automatically by this

expert.

Recommended timeframe for trading – 30 minutes.

Forex EA Pallad v3.4 (Enjoy Free BONUS TickScalper)

Important:

After You enter trade, You should place stop-loss manually(recommended 35-40 points).

Alert sounds about potential trade, it notifies about possible trade if you are not in front of your PC.

Pallada works with all major forex pairs. You may use system on other pairs, but results are not guarantied.

In 3.0 version email alert feature is added (Tools-options-email, where you may insert your smtp information to receive BB_sig alerts on email).  When potential enter signal will appear, You will immediately receive notification on email.  All alerts are customizable, so that you may switch off or turn on email notification for each indicator

All alerts, sound signals and email notifications  are customizable, so that you may switch off or turn on notification for each indicator, just go to indicator properties and change EmailOn, SoundOn or AlertOn option from false to true to turn on notifications.

Pallada Entries

 1) The most powerful signal of the system is  when 3 main indicators (VQI, Mainsignal and Pallada entry section) are colored in the same color. This is the main signal of the system and you should enter immediately.

3) Pallada recognizes  flat trends and helps you to recognize it.

Look at screen3.  VQI is blue, MainSignal – red, PalladaEntry section is colored both in red and blue.  Market is in flat,  You should wait for a strong signal.

4) This is how Pallada works on strong trend (Screen4), so profit from such trades will cover all potential losses from flat trends

Pallada Exits

1) Automatic Exit

If You have no time to stay in front of your PC You may attach smart_trailing expert and it will manage position automatically. All expert options are customizable.

By default :  When profit is 20 points, stop loss will be moved on +1, then when profit is 35 points, stop will be moved on +10, 55 profit - + 30. Then stop will be moved  on 5 points.

To start Smart_Trailing, just put it on the chart. All positions will be automatically managed by Smart_Trailing (Turn on function  “Allow live trading” in expert window) .

Depending  on market condition (trend/flat) and currency Advisor parameters may be customized . Parameters by default are for market with active trends.

Description of advisor parameters:

UseCloseOneThird = False;   // On each profit level 1/3 part of lot will be closed

LevelProfit1     = 20;     // First profit level

LevelMoving1     = 1;      // First move level

LevelProfit2     = 35;     // Second profit level

LevelMoving2     = 10;     // Second move level

LevelProfit3     = 55;     // Third profit level

LevelMoving3     = 30;     // Third move level

TrailingStop     = 30;     // Trailing range

Slippage         = 2;      // Price slippage

ShowComment      = True;   // Show commentaries

UseSound         = True;   // Sound notification

UseCloseOneThird option description

To use UseCloseOneThird option set it from False to True.

Example of position wit UseCloseOneThird True

When You use UseCloseOneThird option, only First level of Profit Works, for example, You open position with 0.9 lot, your LevelProfit1 is 20. When First level is broken, smart closes 0.3 lots with profit 20 pips. And then, it manages 0.6 position as a new opened position. So, when next 20 pips level is broken, it will close 0.2 position (1/3 from 0.6 lots) with profit 40 pips. And then it will manage 0.4 lots as a new position. 0.4 can not be divided into three, so when next 20 pips profit level will be broken, it will close 0.4 lots.

IMPORTANT!!! If You want to use all 3 Profit Levels (recommended),  UseCloseOneThird function should be off (it is set to false by default).

Example of Position with UseCloseOneThird False

After ou open position with any lot size, on first profit level (20) stop loss will be set to +1, on second profit level (35), stop loss will be set on +10, on third profit level(55) stop will be set  to +30.  After this three levels, if  TrailingStop is set to 30, when 85 pips level will be kicked, stop will be moved to +60, and so on.

SmartTrailing manages all opened  positions when TicketList option is set to ALL . You may print there  also number of the tickets, that You want to manage , for example 12345/23456/34567 , and it will manage only this three positions.

2)Manual Exit

If  You don’t want  your position to be managed automatically,  there are two types of exits – Fast exit and Long Exit. Fast exit - when arrow appearsLong exit - when one of the main indicators changes its color. Look at the screen

After You enter trade, first Fast exit appears at 105.55 level.

FastExit signal may be also used for re-entering position :

There may be condition for re-enter, when Fast Exit appears (at 105.55), but main indicators did not change their color, as on screen(VQI, Entry section, and Mainsignal are still colored blue), You may re-enter when ExitSignal blue arrow appears again. Next Fast exit appears at 106.16 level. If You use long Exit, it appears at 105.97 . So it is Your choice what exit to use. If You will use fast exit, risk will be lower.


BONUS:

TickScalper

This is a good EA

Forex EA Pallad v3.4 (Enjoy Free BONUS TickScalper)

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Forex EA Pallad v3.4 (Enjoy Free BONUS TickScalper)

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Serving Professional Traders Since 2008

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Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files

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TradeGuider MT4 VSA Plugin Tradeguider
 Email Address: missionx77@yahoo.com

TradeGuider MT4 VSA Plugin Tradeguider
Phone number: +60179843428
TradeGuider MT4 VSA Plugin Tradeguider

 

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