Dashboard

Overview:

The Dashboard feature in ValorAlgo provides an at-a-glance summary of key market metrics across multiple timeframes. This feature helps traders quickly assess the market’s current condition without needing to manually analyze each indicator. The Dashboard is a simple but powerful tool that consolidates information from multiple indicators, giving you the confidence to make faster, informed decisions.

Key Metrics Displayed:

• Trend Strength: Displays the strength of the trend across different timeframes, helping traders understand the current market momentum.
• Volatility: Indicates whether the market is in a ranging or trending phase, providing insight into potential market swings.
• Volume: Shows the total trading volume, helping traders gauge activity in the market.
• RSI (Relative Strength Index): Provides a status update on the market's RSI value, indicating whether the market is healthy, overbought or oversold.
• Buyers Strength: Displays the percentage strength of buyers in the market, giving traders insight into potential bullish sentiment.
• Sellers Strength: Shows the percentage strength of sellers in the market, helping to identify potential bearish pressure.

Settings:

• Show Dashboard: Toggle this option on or off to display or hide the dashboard on your chart.
• Dashboard Size: Choose between different size options to adjust the dashboard’s appearance on your chart. The available options are:
  • Small
  • Medium
  • Large

Usage:

The Dashboard serves as a quick reference for market conditions across various timeframes. Traders can enable the dashboard to stay updated on key metrics like trend strength, volume, RSI and volatility without having to manually analyze each indicator. This allows for more efficient decision-making, especially in fast-moving markets.

• Multi-Timeframe View: The dashboard gives an overview of key indicators across multiple timeframes, from 1 minute to Daily. This helps traders get a holistic view of market conditions.
• Entry and Exit Points: By showing buyer and seller strength, the dashboard can help you gauge potential entry and exit points based on the prevailing market sentiment.

The Dashboard is a versatile tool designed to give you a complete picture of market dynamics, all in one place. With its easy-to-read format and multiple timeframe support, it’s an essential feature for traders looking to streamline their market analysis and make informed, confident decisions.