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Description Value dashboards Ding Dong Fibo HM

I'll start to slowly describe all the values of the settings and options of the Fib HeatMap dashboard
from DingDong.

Numberings in yellow in the image are as explained below:

1. Currency Pairs

2. Spread of the currency pair

3. Pips from Daily Open Line - What is the number of points from the opening daily price that price
has moved - above (green/Turquoise) or below (deep pink/pink). Compare it with the ADR - if the
price has already passed the ADR for the pair, taking any further trade in that direction is dangerous,
price can be reversed.

4. Daily Price Percent Change as a percentage.

5. Daily Fib Level - what is the daily range of the Fibonacci price (see figure).

6. ADR - Average Daily Range - daily volatility (such as for the previous 10 days).

7. Weekly Fib Level - what is the weekly range of Fibonacci price (see figure).

8. Pips from Weekly Open Line - the number of pips price has moved from the weekly open line.
9. Weekly Price Percent Change as a percentage.

10. Trend - candle directions of timeframes from M1 to MNS.

11. TS - lower/shorter timeframe direction of candles at TF M1-M15.

12. TL - higher/longer timeframe direction of candles at TF H1-D1.

13. PA - Price Action direction probably based on averaged TS and TL directions - needs dingdong's
confirmation.

14. Force MA indicator - displaying force for M5, M15, and H1 [See Post 1,533].

15. Buy Button - Order size is based on the dashboard configuration. Default 0.01

16. Sell Button - Order size is based on the dashboard configuration. Default 0.01

17. Close Button - Closes all transactions opened on that particular pair in case more than one.

18. Currency pair - Lights up Red if there is a Sell signal and Blue if there is a Buy signal.

19. Break Event - Calculated similarly like fibo levels but as a percentage. It serves as a guide for
taking profits (but not keep up with 28 pairs) and how to filter potential trades. The area from 38 to
61 to fib is considered dead, and it can fly out in all directions. Therefore it is better to set up the
filter on the day of the week and did not give signals of Fibo in this range (preferably from 30 to 70).
Consider H4 does not make sense, too shallow for TF Fibo levels.

20. HeatMap - Shows % change prices timeframes from M1 to MN. You can select and configure the
TF. I think it makes no sense to consider TF below H4, since we work on pullbacks.

21. Orders - Information field of trading results at the moment. Only Open orders, Closed orders are
not visible here.

22. Open Orders Information Panel - with a profit, Locked (locked/booked profit all trades will be
closed at in case of market reversal), Lowest (drawdown for all open orders for that trading windows
- closed negative orders are not counted); Highest (highest value per trading window - closed positive
orders are not counted); Basket TP and SL settings in Dashboard; Basket TP and SL as percentage of
the ADR; and number of baskets Won/Lost.

23. Clock - Green color- Open trading session and Gray color- closed trading session.

24. Individual Higher Timeframe Currency Strengths - 3 higher timeframe Currency Strength meters
based on percentages. I set up on H4, D1, W1. Excellent for visually seeing when there is a potential
reversal of the currency. For example 2 lower very red and a green top - is the best time to check for
a possible counter trend trading opportunity.
25. Sorted Lower Timeframe Currency Strength - strengths of the currencies in lower timeframes. I
have set up mine on the M15, M30, H1.

26. Gain/Loss [Pair Percentage Change] Timeframe1 - sorted MTF Pair Percent Change to
complement the daily and weekly on the main dashboard. Top I have set up on H4.

27. Gain/Loss [Pair Percentage Change] Timeframe2 - sorted MTF Pair Percent Change to
complement the daily and weekly on the main dashboard. Lower I have adjusted to D1.

28. Profit Button - to close all winning/profit orders

29. All Button - to close all trades whether positive/negative orders

30. Loss Button - to close all loosing/negative trades only.

Thanks dingdong99 for creating this wonderfull masterpiece and thanks to


denya and pipdripper for this description of the dashboard.

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