Last updated: May 13, 2025

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.