Pallada Trading StrategyPallada 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. 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. Indicators description: #Pallada_MainSignal – Main signal indicator. Indicates Bollinger lines breakouts that are built without lag. MainSignal is built with maximal smoothing, it uses fractional standard deviation. Indicator works much better than standart BB. #PalladaEntry section for 3.0 version- additional complex indicator (Price Detrender+WPR+STO). Generates signal to enter market. Entry signal is used to confirm main signals of #Pallada_MainSignal and #Pallada_VQI. May be used also as exit signal, when changes its color. #Pallada_VQI- main trend indicator, built using moving averages on many timeframes with maximal smoothing #PalladaBars – Colores bars according to trend direction #Pallada_ExitSignal - very sensitive trend indicator, helps to exit position. #Pallada_SignalBoard - Complex signal indicator. Helps to monitor 5 currency pairs simultaneously. Combines VQI and BB_sig signals, shows current direction and amount of bars, when previous signal has appeared. #Pallada_Commentator - additional information indicator, helps to get required information about market. Indicators location on the chart : (chart_ window №0): Mainsignal and Commentator (separate_window №1) : PalladaEntry and SignalBoard (separate_window №2) : VQI In 3. just go to indicator properties and change EmailOn. SoundOn or AlertOn option from false to true to turn on notifications. You will immediately receive notification on email.0 version email alert feature is added (Tools-options-email. so that you may switch off or turn on notification for each indicator. 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. When potential enter signal will appear. where you may insert your smtp information to receive BB_sig alerts on email). Screen 1 . This is the main signal of the system and you should enter immediately. Mainsignal and Pallada entry section) are colored in the same color.Pallada Entries 1) The most powerful signal of the system is when 3 main indicators (VQI. You should wait for a strong signal.3) Pallada recognizes flat trends and helps you to recognize it. Look at screen3. Screen3 . PalladaEntry section is colored both in red and blue. MainSignal – red. VQI is blue. Market is in flat. 4) This is how Pallada works on strong trend (Screen4). so profit from such trades will cover all potential losses from flat trends Screen4 . Depending on market condition (trend/flat) and currency Advisor parameters may be customized . then when profit is 35 points. // On each profit level 1/3 part of lot will be closed LevelProfit1 = 20. // First profit level LevelMoving1 = 1.2 position (1/3 from 0.6 position as a new opened position. And then it will manage 0. Then stop will be moved on 5 points. // Third profit level LevelMoving3 = 30.4 lots. it manages 0. So.9 lot. on second profit level (35). And then.3 lots with profit 20 pips. // Second profit level LevelMoving2 = 10. on first profit level (20) stop loss will be set to +1. When First level is broken. your LevelProfit1 is 20. By default : When profit is 20 points. Example of position wit UseCloseOneThird True When You use UseCloseOneThird option.+ 30. on third profit level(55) stop will be set to . it will close 0. Description of advisor parameters: UseCloseOneThird = False.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. 0. You open position with 0. // First move level LevelProfit2 = 35. // Price slippage ShowComment = True. when next 20 pips level is broken. All positions will be automatically managed by Smart_Trailing (Turn on function “Allow live trading” in expert window) . stop loss will be moved on +1. To start Smart_Trailing.4 can not be divided into three. IMPORTANT!!! If You want to use all 3 Profit Levels (recommended). All expert options are customizable. // Trailing range Slippage = 2. for example.6 lots) with profit 40 pips.4 lots as a new position. Example of Position with UseCloseOneThird False After ou open position with any lot size. so when next 20 pips profit level will be broken. only First level of Profit Works. // Second move level LevelProfit3 = 55. it will close 0. 55 profit . // Sound notification UseCloseOneThird option description To use UseCloseOneThird option set it from False to True. UseCloseOneThird function should be off (it is set to false by default). stop will be moved on +10. // Show commentaries UseSound = True. just put it on the chart. // Third move level TrailingStop = 30. Parameters by default are for market with active trends. stop loss will be set on +10. smart closes 0. when 85 pips level will be kicked.+30. After this three levels. You may print there also number of the tickets. . SmartTrailing manages all opened positions when TicketList option is set to ALL . that You want to manage . stop will be moved to +60. and so on. for example 12345/23456/34567 . and it will manage only this three positions. if TrailingStop is set to 30. when one of the main indicators changes its color. Long exit . when Fast Exit appears (at 105.55 level. first Fast exit appears at 105. Look at the screen After You enter trade. but main indicators did not change their color. as on screen(VQI.2)Manual Exit If You don’t want your position to be managed automatically. and Mainsignal are still colored blue).55). Entry section. FastExit signal may be also used for re-entering position : There may be condition for re-enter.when arrow appears. there are two types of exits – Fast exit and Long Exit. . Fast exit . it appears at 105. If You use long Exit. So it is Your choice what exit to use. .16 level. Next Fast exit appears at 106. risk will be lower.You may re-enter when ExitSignal blue arrow appears again.97 . If You will use fast exit.