Lux Dashboard

Current Signal - State - Lux Volatility - Lux Control - Estimated Liquidity Level - Current Session - Directional Matrix - Dashboard Location Setting

The Lux Dashboard displays the most relevant data from our premium features in one simple panel situated near the last bar. This feature is extremely useful to have relevant data that can be used in confluence with our signals.

Dashboard Location

The location of the dashboard is determined by the Dashboard Location setting, options include: Top, Bottom, and None. Bottom is selected by default.

Dashboard Location = Top

When Top is selected the dashboard will appear at the top right of the chart.

When Bottom is selected the dashboard will appear at the bottom right of the chart.

When None is selected the dashboard is hidden.

Dashboard Elements

Current Signal

The dashboard displays the current signal given by both the confirmation and contrarian methods.

State

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.

Lux Volatility

The Lux volatility appearing on the dashboard is based on the Lux Volatility indicator and is displayed as a percentage, with higher values indicating more volatile markets. 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 too low or too high and indicate extra precaution.

Lux Control

The Lux control tells you who has currently the control over the market between the bulls and the bears, this indication is displayed as a percentage.

Estimated Liquidity Level

The dashboard also displays an estimate of the current liquidity using the terms: "low", "medium" and "high".

Directional Matrix

The directional matrix is an innovative tool able to return the direction an indicator using different periods. The user can choose the indicator to use from the directional matrix mode setting, options include the simple moving average (SMA), the weighted moving average (WMA), and the linear regression (LinReg) while selecting None will hide the directional matrix from the dashboard.

The current mode is displayed at the top of the directional matrix, while the percentage at the right shows the percentage of rising results. The number shown below corresponds to the period of the selected indicator while the sign at the right shows its direction.

The directional matrix can give more information than only directions, for example when using the SMA mode, a rising sign also tell you that a momentum oscillator of the same period is positive, while a rising sign in the WMA mode tells you that price is greater than a simple moving average of the same period minus 1.