Hi everyone,
I hope you are having a great Saturday!
I’ve gotten quite a few questions about how I’ve put together my market analysis dashboard.
I’ll show you how to set this view up in under 5 minutes which will allow you to analyze the indexes, liquid leaders, trends, breadth, rising themes all in one view.
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Now let’s dive in ↓
The Deepvue Dashboard Module
We’ve created the Deepvue Dashboard module as a sandbox that allows you to create your ideal trading layout/cockpit. You have full control of how elements are placed.
We will be adding more Apps including Earnings Apps, News Apps, and Performance Charts
Creating Different Dashboards
You can create and save different dashboards that are specialized for one aspect of your trading process.
Here are the 3 Dashboards that I’ve created so far.
Market Analysis Dashboard - Designed for market analysis and situational awareness
Trade Execution Dashboard - Designed for entered and monitoring positions/ideas
Position Sizing Dashboard - Designed for planning position sizes
Creating the Market Analysis Dashboard
The Market Analysis Dashboard has these elements:
Main Chart with Key Moving Averages
Deepvue Net New Highs/Lows
Deepvue Stage Analysis Indicator
NYSE Stocks above the 40 SMA %
Index ETFs Watchlist
Megacap Watchlist
Theme ETF Watchlist
Let’s first add the Chart and 3 Watchlist Apps. Click the plus icon next to New dashboard and drag and drop in the apps.
You can select the Deeplist you want for each app in the dropdown
You can resize apps by dragging the corners and move them around using the top left dotted icon.
Next lets add in the DV Stage Analysis Indicator and DV Net New Highs and lows. This helps analyze the current breadth and trend in the market.
I like putting the stage analysis indicator in a new pane above the main chart and the Net New Highs/New Lows Below
All thats left is to add in the Stocks above the 40sma which you access using the comparison tool. Click that icon and type in “SA” to bring it up
There you go! Now you can analyze the trend, breadth, and rotation all in one view. You can easily click between etfs and symbols to look for strength and analyze price action.
Use the column sorting to look for strength/weakness on the day or week
Key Points
We all know that the overall market trend and health has a huge impact on the success of individual trades. We want to know when to be aggressive and when to be defensive.
This market dashboard is my version to analyze the market in one quick view. Create for yourself a version that helps speed up your routines.
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Cheers!
Richard
Hi, Richard
Thank you for this educational content.
Could you share "Theme ETF watchlist"? I cannot find in pre-set screener.
Thanks!