Dadas Universes Method

Let talk about Dadas Universes Method and how to read the market with BTE's indicator

https://www.forexfactory.com/thread/...9#post15251279

What do you see Iagol?
https://www.forexfactory.com/attachm...4?d=1747749672

OK, so you can either start by posting the link to the indicator in post # 1:
https://www.forexfactory.com/thread/...9#post15251279
and/or attach the indicator and the images from that link.
I will be explaining my strategy.

Also, I will ask you to respect Dadas nick, NOT "Dudas"!!!

Image #1.

1. 100 periods of Daily, volume weighted trend wave with extensions - provides information about the dominant trend.
Daily for trading H1 and lower.

The colors of the Pivot Targets are set to None, because I am not using those.

2. These zones translate the MACD H1 zero crosses by reading the High and Low of the candle which crossed the zero level. This provides more information than the MACD oscillator, because we can see what the Market actually does with this cross. We see that the cross can be both Resistance or Support. Reacting just on the MACD oscillator is much less reliable than when we can see what the Price actually does.


3. High, Low and Mid of previous Day.
This helps us to read the previous Day Market, to see how much pressure there was at the end of the Day. In this example, we can see that yesterday ended with very little selling pressure, and then the Market went sideways, suggesting a possible correction move. Also the price was bouncing off the High, so the rule is "Sell High", "Buy Low", "Never diddle in the middle". Yet the overall trend is Bullish, and there was little Selling pressure, so the Short would be risky, and we should be Selling very High, and be ready to exit if there still is no Selling pressure.
Any indicator will do. Currently I am using these:


Image #2.

4. Dadas Universes D1.
Provides additional information about the state of this Market.
We can see that yesterday's Close price and the Zone around it is acting as some Resistance. If for any reason there is no Selling or Buying pressure, the price may not move today.
Also, we can see the conflict with the Trend Wave, and also there is no visible MACD cross zero Zone which would suggest Selling. So, there is no good reason to Buy or Sell. The price is "High" but the trend is Bullish, and the price isn't "Low", so we shouldn't Buy at "High" prices.
Indicator in Post #1 and also here:
https://www.forexfactory.com/thread/...9#post15251279

Image #3.

5. Dadas_True_Trend H1.
This tool is the tool which combined with reading Candle Price Action is the actual trigger for a Sell or Buy transaction, provided that all the previous conditions are in-line. We can see the conflict of interests, here too. The Price seems to be stuck between Resistance and Support, so the conditions aren't very good for any trade, unless we are ready to take the Risk and set a Sell with SL above the Resistance Zone. And that's it. There is nothing else to it!


For trading we can use some Management EA, or do it manually.

PS, and obviously, you can add whatever other Price Action stuff that you can reasonably remember to take into account!
PPS, also the range of the previous Day's High/Low carries some vital information.
The wider the range, the more likely for a correction.
The narrower the range, the more likely a BreakOut.

All my currently used indicators:

Most of them can be found on FF or elsewhere.
The Dadas Control Panel can also be found as Blank.mq4.
It's just a blank separate window for positioning whatever we like in it.

Dadas_Grid_Ruler is a tool for the EA to calculate the trade volumes and place SL and TP, and manage the trades.
I am not willing to share the EA, because it's not always working correctly, and I need to make some time to correct the issues.

Also, this strategy can be applied to any other set of timeframes.
The important factor is the ratio of Spread to average Volatility.
The spread should be minimal, or even indistingquishable.
So, if the soread is very wide, we may need D1 or H4 as the trading Tf.

Yes of course - corrected!

Here present, within my limited time, I will contribute with my contributions.

That with the filled blocks I distinguish more those SL areas and those of market entry

Hola, descargué tu MACD y esto es lo que veo en el meta. ¿Podrías ayudarme?

You need to delete the (1).
This changes the name of the indicator, and that is not allowed!
There should be nothing after BTEv, not even any space.
This rule stands for all my .ex4 files!
Do not change the file name!!!

If you already had this file in your downloads folder, the computer automatically changed the name by adding the (1).

You're the best, you must have a holy patience with people like me, God bless you.

I don't believe in any gods or God...
There is no rational reason to believe in such abstract, human-imagined, unfalsifiable ideas.
If we go by any idea of God, one would need to be God in order to understand God.
So, it's totally irrational, and illogical.
And God has never blessed or cursed anybody, as far as I can know.
In order for God to bless or curse anybody, this God would have to be a judgemental monster!
So, I accept Your good wishes, not God's.
You are much better than the God you believe in!

Sorry, it's a cliché, I'm also a materialist.

Hi
Please share the system with the template and indicator.

If you expect me to do all your work for you, and you just happily profit from that, you are in the wrong place!
All the information is already here:
https://www.forexfactory.com/thread/...5#post15251695

Thanks for the reply
Think positive

Thanks for the reply!
Start working!

I don't necessarily recommend this way of countertrend trading, but this is what I did today:

First I got out because there wasn't any signifcant Selling pressure and the wave Support.
But then the wave got broken and there was a reason to go Short, again.
And then it was around 22:00 broker's time, and the price stopped moving, and it was the middle point, so I got out.

Also yesterday's trade for anyone who wants to view it:

This one had TP and SL, and the TP was hit.

We can also check out what the Universes looked like yesterday, though I didn't have that yet, because I was working on these new versions intensively. I actually spent about 13 hours yesterday working wit AI assistance, to get the idea to work properly. And a few hours today to create the button version.


The earlier versions of Dadas_Universes were created 2-3 years ago, and they were using a different plotting method which was very limited in any changes, so the ellipses couldn't be properly calculated, because of the inherent MT4 limitation. Now they are calculated properly and plotted in a way which allows to plot them where they need to be.

is there a mt5 version of this its?

Don't think so

Hi Best,
Can you explain more about "MACD Zero" cross ? if i see at MACD histogram, i can see the HiLo histogram over the zero line, it is oscilated up & down like sinus / cosinus wave. this HiLo 2- direction (up & down) of Bars are important?
Beginning by the settings of MACD it self will change the value of how its histogram is drawn, it is clear , but how do we start?? Fractal (high or low) of histogram (peak) is also important ? or we just skip it ?
so in this case, we must check the next coming candle which cross this zero line in the future, and take a note of its High & Low price ? or do you mean some think else ?

Thanks a lot for your kindness

When we are looking at the MACD oscillator in the separate window and we see, for example, a Bearish cross of zero, this is supposed to tell us that the trend may change to Bearish, right?
By plotting this Zone we have a point of refference, because this Zone may be Red, but the price may respect it as a Support, not Resistance.
And we can see this on the chart better than on the MACD oscillator.