🌐

Market Dashboard

The dashboard provides a comprehensive view of market dynamics, assisting traders in assessing real-time conditions such as volatility, consolidation levels, Beluga Rating, trend strength, pressure, and multi-timeframe (MTF) analysis for trends and reversals.

DashBoard

Each metric offers a precise quantification of key market characteristics, facilitating well-informed trading decisions.

KEY FEATURES

Volatility

Displays the percentage of current market volatility, ranging from 0% (calm) to 100% (extremely volatile), indicating the level of price activity.

Consolidation

Quantifies the degree of price compression or range-bound movement on a scale of 0 to 10, where higher values signal tighter consolidation.

High Consolidation

Beluga Rating

The BigBeluga Rating is a real-time technical sentiment tool that analyzes multiple built-in indicators to classify market bias into five intuitive states: Strong Buy, Buy, Neutral, Sell, and Strong Sell.

It combines insights multiple thecnical indicators into one simplified rating, helping traders quickly understand the overall technical outlook without needing to review each signal individually.

Optimal Sensitivity Display

The Optimal Sensitivity Display is a new feature added to the dashboard when Auto Optimization is enabled in Market Waves Pro. It shows the exact sensitivity value that Auto Optimization has determined to be most effective based on recent market performance of Trend Signals feature.

Trend Signals + DashBoard Optimal Sensitivity Input

The Optimal Sensitivity value now appears directly in the dashboard panel. This allows users to:

  • the best-performing signal sensitivity setting in real-time.

  • Manually input this value into the "Signals" field if they want to lock it in.

  • Turn off Auto Optimization and use this value to ensure alerts remain consistent over time.

Trend Score

Represents the strength of the current market trend, with values ranging from -10 (strong bearish trend) to +10 (strong bullish trend). A neutral or ranging market shows as a gray cell with a wave symbol.

Trendscore Up Trend
TrendScore Down Trend

Pressure

Volume Pressure calculates the net difference between aggressive buying and selling, but only during confirmed trending conditions. It highlights whether buyers or sellers are dominating within an active uptrend or downtrend, helping traders gauge the momentum strength behind the current move.

Bullish Pressure During Up Trend
Bearish Pressure During Down Trend

Reflects the delta volume pressure of buying versus selling activity on a scale of -10 (dominant selling) to +10 (dominant buying). A zero value appears as a gray cell with a wave, signaling indecision or a balanced market.

MTF Screener

  • MTF Trend: Monitors trend direction across multiple timeframes (e.g., 5M, 15M, 1H, 4H, 1D). Green indicates a bullish trend, red signifies bearishness.

Bullish Trend Shift
Bearish Trend shift

  • MTF Reversal: Detects potential market reversals across timeframes. Green cells indicate upward reversal potential, while red cells point to downward reversal likelihood.

Bullish Mean Reversal on 5m,15m,1h

CUSTOMIZATION

Settings

  1. Optimal Sensitivity: Shows the exact sensitivity value that Auto Optimization has determined to be most effective based on recent market performance. Allows to turn off Auto Optimization and use this value to ensure alerts remain consistent over time.

  2. Volatility: Helps traders identify whether the market is active enough to execute momentum strategies or quiet enough for range-bound approaches.

  3. Consolidation: Assists in spotting periods of low volatility that often precede significant price breakouts, enabling proactive strategy adjustments.

  4. Trend Score: Guides directional trades. High positive values suggest buying opportunities, while negative values favor selling. A neutral (gray) trend score suggests market indecision, best suited for short-term or range-bound trades.

  5. BigBeluga Rating: helps traders quickly align with overall market sentiment. Use Strong Buy or Buy ratings to look for long setups, and Sell or Strong Sell to prepare for shorts. A Neutral rating suggests caution or range-bound conditions. This rating is ideal for trend confirmation, filtering trades, or acting as a bias anchor when scanning multiple assets.

  6. Pressure: Provides insights into the strength of buyer or seller dominance within a trend. Use this to confirm the sustainability of a move or anticipate potential trend exhaustion when pressure approaches zero.

  7. MTF Screener: Aids in multi-timeframe analysis to align trade entries and exits with broader trends and potential reversals. Combine the screener's outputs with other metrics for confirmation and improved timing.

By integrating these features, the dashboard empowers traders to quickly interpret market conditions and make informed decisions, even in complex or rapidly shifting environments.

PreviousCandlestick PatternsNextAlerts

Last updated