Pallada 3 4 Trading System For MT4

Pallada 3 4 Trading System For MT4

The Pallada 3 4 Trading System For MT4 is a profitable trading system based on the Pallada indicator. It is a trend following strategy to get a decent profit if you can follow every condition accurately. Overall, this strategy is profitable in any timeframes from 5 minutes or above.


FREE Pallada 3 4 Trading System

Download the FREE Pallada 3 4 Trading System for MT4.

To receive my email 100% sure: 
Put my email on your whitelist!


The Pallada 3 4 Trading System For MT4


The forex market is a decentralized market where most new movement happens when the price is within a trend.

Therefore, any trend following strategy can provide a decent profit when the price moves within the trend.

In The Pallada 3 4 Trading System For MT4, we will see more than two trading conditions with some trading tools as mentioned below:


  • Pallada Bars (Blue= Bullish, Red= Bearish)

  • Pallada Main Signals

  • Pallada Volatility

  • Pallada Assistance

  • Pallada Pairs Strength

  • Pallada Sessions Movement

  • Pallada pairs Strength


Let's have a look at the trading chart with these tools:




This strategy will mainly focus on Pallada SE Entry and Pallada Session Movement with the Dot and Pallada Bars. Later on, make sure to enter the trade when all conditions are met.



How to Setup The Pallada 3 4 Trading Indicators


  • Open 30 minutes charts on the EU, GU, UJ, UC, with all indicators from the "Charts Bar."

  • (View - Charts Bar).

  • Select Windows -> Tile Horizontally.

  • Use a standard lot for the trading balance above $5000 and below $500; use micro-lots.

  • If you want to make the chart clear to watch, remove the Pallada Commentator and Pallada SignalBoard.


Bullish Trading Strategy


The Pallada 3 4 Trading System For MT4 applies to any financial market, but it can provide a decent profit from the forex market. Therefore, you can use this trading system on EURUSD, GBPUSD, USDJPY, or other major pairs to get the maximum benefit.

However, there are no restrictions on the timeframe so, you can use it any timeframes from 5 minutes or above. Moreover, the higher timeframe will provide the maximum benefit.



Bullish Trading Conditions


  • The price is above the Pallada Main Signal Average, and a bullish dot appeared below the price.

  • The candlestick changes from Red to Blue to confirm the trend change.

  • Pallada SE Entry turned blue.

  • Pallada Session Movement turned blue.


Entry


After confirming all conditions wait for a bullish candle to close and enter the trade after the candle closes.

In this strategy, you can trade up to 2 trades per day. Taking more than two trades a day is not recommended.



Stop Loss


You can hold the trade as long as it is trading above the Pallada Main Signal. Therefore, set the stop loss below the Pallada Main Signal dot with some buffer.



Take Profit


The Ideal take profit is based on E-Smart Trading EA, where you can take 25, 35, or 55 pips of profit. Moreover, you can follow other trade management techniques for taking profits:


  • Take a 50% profit when the price reached 1:1 risk vs. reward.

  • Close the trade if the signal dot appeared above the price.


Example of the Bullish Trend




  • We can see the price turned red to Blue from the swing level in the image above, where the blue dots were below the price.

  • Pallada SE Entry and Pallada Session Movement are Turned Blue as marked in the image.

  • Later on, the price was closed where it showed down and failed to make a new high from the near term resistance level.

  • Moreover, the stop loss was below the recent swing low, below the bullish dots.


Bearish Trading Strategy


You can apply the Pallada 3 4 bearish strategies in any financial market, but it can provide a decent profit from the forex market.

Therefore, you can apply this trading system on EURUSD, GBPUSD, USDJPY, or other major pairs to get the maximum benefit.

However, there are no restrictions on the timeframe so, you can use it any timeframes from 5 minutes or above. Moreover, the higher timeframe will provide the maximum benefit.



Bearish Trading Conditions


  • The price is below the Pallada Main Signal Average, and a bearish dot appeared above the price.

  • The candlestick changes from blue to red to confirm the trend change.

  • Pallada SE Entry turned red.

  • Pallada Session Movement turned red.


Entry


After confirming all conditions wait for a bearish candle to close and enter the trade after the candle closes.

In this strategy, you can trade up to 2 trades per day. Taking more than two trades a day is not recommended.



Stop Loss


You can hold the trade as long as it is trading below the Pallada Main Signal. Therefore, set the stop loss above the Pallada Main Signal dot with some buffer.

Take Profit

The Ideal take profit is based on E-Smart Trading EA, where you can take 25, 35, or 55 pips of profit. Moreover, you can follow other trade management techniques for taking profits:


  • Take a 50% profit when the price reached 1:1 risk vs. reward.

  • Close the trade if the signal dot appeared below the price.


Example of the Bearish Trend




  • We can see the price turned blue to red from the swing level in the image above, where the dots were above the price.

  • Pallada SE Entry and Pallada Session Movement are Turned Red as marked in the image.

  • Later on, the trade was closed where it shows a bullish dot below the price, pointing out that the price failed to create a new low at that level.

  • Moreover, the stop loss was above the recent swing high, above the bearish dots.


Summary


Let's summarize The Pallada 3 4 Trading System For MT4:


  • The Pallada 3 4 Trading System For MT4 is a trend following strategy to take trades from a swing level.

  • While taking the trade, make sure to see a closing candle to confirm the chart's bullish or bearish pressure.

  • The ideal stop loss for this strategy is based on the recent swing level.

  • While taking the profit, you can wait for the recent support or resistance levels or the dynamic price dots appearance in the price towards the opposite direction.


Overall, this strategy is excellent for maximum benefit from the 30 minutes timeframe as intraday trading.


Download the complete system description and the files here:

FREE Pallada 3 4 Trading System

Download the FREE Pallada 3 4 Trading System for MT4.

To receive my email 100% sure: 
Put my email on your whitelist!

 

Partially Automated Trading Besides Your Day Job

Alerts In Real-Time When Divergences Occur

My Recommended MT4/MT5 Broker

About Me

I'm Mike Semlitsch the owner of PerfectTrendSystem.com. My trading career started in 2007. Since 2013 I have helped thousands of traders to take their trading to the next level. Many of them are now constantly profitable traders. 

The following performance was achieved by me while trading live in front of hundreds of my clients:

Connect With Me:  

This FREE Indicator Can Transform
Your Trading!

FREE Indicator + Telegram Group


Request the Ultimate Double Top/Bottom Indicator which is used by 10,000+ traders.

Results From 5 Months!
This service starts soon! Be the first who get's notified when it begins!