The dashboard displays the most relevant metrics from our premium features. This feature is extremely useful to easily obtain pertinent information about the market and can be used in confluence with confirmation or contrarian signals.
The optimal sensitivity is an estimate of the optimal sensitivity setting. Depending on the selected signal mode, the recommend sensitivity for confirmation or contrarian signals will be displayed, when None is selected, no recommended sensitivity will be displayed. This value is obtained through optimization by using the most recent 1000 bars and varies in a range between 10 and 40.
The market state tells you whether the market is trending or ranging, this indication can be useful to know whether a signal has higher chances of being false or not. The 🔥 sign is used with trending markets while ❄️ is used for ranging markets.
The Lux volatility appearing on the dashboard is based on the Lux Volatility indicator and returns either Stable during periods of low volatility or Volatile during periods of high volatility. When volatility is rising the 📈 sign will appear, while 📉 appears when volatility is declining.
The Lux volatility can also display with a warning sign, this happens when the volatility is either too low or too high and indicate extra precaution.
The institutional activity aims to see if institutions are currently active in the market, possible value include:
Indicates the current confirmation signals returned on different timeframes. A cell of color green indicates that the signal on this precise timeframe is a buy or strong buy signal, a red color means the signal is a sell or strong sell signal.
Settings affecting the dashboard can be found in the Advanced Settings section.
Determines the corner where the dashboard is displayed on the chart. Selecting None will hide the dashboard from the chart.
Determine the size of the dashboard on the chart, options include Tiny, Small, Normal, and Large.