If a green or red gauge or bar has a white border, a False Bar is present and the current signal should be ignored. If a dashboard gauge or bar is yellow in color, the market is between the overbought and oversold levels, therefore, neutral. If a dashboard gauge or bar is red in color, then the trend is considered overbought. If a Dashboard gauge or bar is green in color, then the market is considered oversold. The False Bar indicates the presence of a strong trend and that the standard overbought and oversold signals should be ignored. Stochastic Strategy is designed to indicate when the market is overbought or oversold. You can change the Dashboard Strategy by selecting a strategy from the drop down menu on the title bar. Every subsequent time you open the Dashboard, the last Strategy used will be applied. The first time you open the Dashboard, the default Strategy will be the GET Stochastic. Once you have entered the symbol(s) you wish to track, the different gauges or bars will light up red, green, yellow, or gray signifying the state of the market according to the selected Dashboard strategy, as explained below. Or select a symbol list from the drop down menu. To enter a symbol into the Dashboard, left-click in the Symbol Box.
The Dashboard window displays colored gauges or bars that indicate the status of a strategy for periods ranging from intraday, daily, weekly, monthly time frames.Ĭlick New from the main menu and select Dashboard. The Dashboard is a feature which allows traders to conveniently monitor a portfolio for the current condition of the market on different time frames based on a selected strategy.