default + REVERSE
here are some pallada MTF indicators, if anyone is interested.
Should look like this when uploaded with attached template on M5:
You need to have these Pallada SE indies (starting with #, sorry not attached due to copyright laws), MTF doesn't use all of them and alarm etc. is not included:
I am currently working on logic using Pallada MTF (2TFs), SuperTrend MTF(3-4TFs) and BB-MACD and zerolag MACD (with fibonachi sequence). It is looking pretty good...
Last edited by jverho; 01-07-2010 at 23:19.
I noticed that the Pallada EA is entering trades in the middle of the Pallada main signal. This is incorrect. Trades should be only taken at tha Main signal yellow dot.
these trades where produces with the set file from this thread and added breakevengain=35 breakeven=5
Pallada entry logic is explained here:
Last edited by jverho; 01-08-2010 at 02:42.
If usepalladaentry is false, it means that close orders opened manually?
I was checking out the Pallada system at their web site and noticed that there is an EA for the manual system to control exits. Can any of the Pallada users explain how that works? If you're manually entering a trade, how do you assign it a "Magic Number" for the EA to properly keep track of it? Or do you need to place certain text in the Comments line when entering the trade?
here is some documentation about Pallada. I think the logic is pretty well explained at the wed site. I have not used Pallada exit manager, although I have it
I have made some changes to the 2.01 version. I removed all Pallada entry, exit and Pallada Bars conditions and addedanother Pallada main filter and put in couple macd filters from ProFx system. Backtesting is painfully slow, but looking pretty good, I'll post some results here later. With the conservative setting I am testing system is quite selective and trades only 1-2 times per month on Euro M15. I am working on a version that could trade lower frames (M1, M3, & M5).
I won't post code here because system needs also modified ProFX System indicator to work, with out it it wont be much good.
PS. Pallada Main indicator (and other Pallada indies) can be replaced by MT4 standard indies and this would speed up the backtesting quite a lot. I like Pallada Main indi because it is very visual indicator and makes sytem development easier, but obviously it is less than optimal solution for actual EA.
Last edited by jverho; 02-16-2010 at 10:21.