399# Ichimoku with Pallada Trading System
Ichimoku, ADX advanced with pallada Trading System
Submit by Mike Trader, Written by Maddogs fx best trader (25/11/2013)
Ichimoku with Pallada Trading System is based on Ichimoku as filter of ADX Advanced and Pallada Entry signal.
Time Frame 15 min
Currency pairs: major.
Ichimoku indicator,
Pallada Entry indicator,
Pivot Point levels,
Time line indicator,
TZ Pivot D,
Heiken Ashi Candle.
Rules for Ichimoku with Pallada Trading System
Long Entry
Heiken Ashi Candle closed above the cloud Kiju blue line;
Advanced ADX >20 and >50 at the close of the candle;
Pallada Entry indicator Arrow buy;
Open an buy order 2 pips above the high of the signal candle when it closes.
Short entry
Heiken Ashi Candle closed below the cloud Kiju blue line;
Advanced ADX >20 and >50 at the close of the candle;
Pallada Entry indicator Arrow sell;
Open an sell order 2 pips below the low of the signal candle when it closes.
Exit Position
Initial Stopl loss 20-25pips.
Make profit at the pivot points levels or with profit target predetermined.
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