DashBoard FX™ 3.0 - User Guide

1) Trade Signals Area

Trade Signals Area displays all pertinent information for DayTrader & SwingTrader signals. Each of the five boxes is dedicated to a particular currency pair (EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD)

Each box within the Trade Signals Area provides data for a particular currency pair. Each Trade Signal provides a Buy or Sell Action along with specific Entry, Stop-loss, Profit-taking points (T1, T2, T3) and corresponding Trade Analysis. A green checkmark will appear alongside each Target level as the trade reaches each of the respective Target points. Thus, traders can easily view the development of each trade with a simple glance at their screen.

The Time/Date stamp indicates when a particular Trade Signal was generated. As an added convenience, the Time automatically adjusts to reflect each subscriber’s local time zone.

With a single click of the mouse, the Trade Analysis window appears. Detailed analytics highlight technical & fundamental developments, analytical thought processes and rationale behind every trade.

The Alert Status Indicator provides key information about the current status of each Trade Signal. A Trade Signal will be in 1 of 7 Status modes.

New trading opportunity has been identified. Subscribers place Entry orders on their trading platform. Order remains pending until the market reaches the Entry point.

Entry point has been reached. Trade is currently in the market. When a trade is currently in the market, the Profit/Loss is denoted in Real-Time.

Target 1 has been reached. Trade progresses to seek target 2.



Target 2 has been reached. Trade progresses to seek target 3.



Final profit-taking level has been reached and trade has been closed. The corresponding Profit in pips will be shown.


Trade has reached its Stop-loss point. The corresponding Loss in pips will be shown.


Trade opportunity is no longer valid. Entry order has been deleted prior to trade execution.

2) Real-time Market Analysis Indicators

The Market Sentiment indicator is unique in that is it is based solely on sentiment or what other traders ‘feel’ about the market. It is an interactive indicator, as each subscriber actively participates in forming the overall result of the Market Sentiment indicator. Each subscriber periodically inputs his/her own sentiment about a particular pair. For example, if the subscriber felt the EUR/USD was going to appreciate – he would click on the Bull button. Conversely, if the subscriber felt the EUR/USD was going to depreciate – he would click on the Bear button. After doing so, the aggregate result of current sentiment for all subscribers appears. A number ranging from -50 (extremly bearing) to +50 (extremly bullish) is displayed along with the indicator. Additionally, the indicator makes weighted computations based on the accuracy rate of individual subscribers.

When first logging into the DashBoard FX platform, the aggregate result of Market Sentiment for all pairs offered will appear. Shortly thereafter, the result will disappear and two buttons will become visible (Bull and Bear). The buttons will appear periodically, when it is suggested for users to enter their own Market Sentiment for the respective pairs. Subscribers are only able to see aggregate results again after inputting their own sentiment.

All subscribers are given a default score of 50. The range of scores will be 0-100 (0 being the lowest and 100 the highest). As an individual’s own sentiment is inputted, shortly thereafter a calculation is made. This calculation factors in the direction of market movement after the input was made, as well as the strength of that movement. If the individual’s own sentiment was actually in line with the market movement, the individual’s own score will appreciate. Conversely, if the individual had inputted sentiment that did not play out in the market – the individual’s own score will depreciate.

How to understand the aggregate result on DashBoard FX?

The range on DashBoard FX will be between -50 and 50

Volatility is a statistical measure of the tendency of a market or pair to rise or fall sharply within a short period of time. This indication is used well in conjunction with other variables to determine strength of price action as well as to effectively manage market risk. Using this indicator, a subscriber can instantly assess how fast or uncertain the market is moving.

There are two types of markets; range-bound and trending. Oscillators are commonly used to gauge overbought and oversold conditions in range-bound markets. With oscillators, a chartist can forecast when a pair is running out of steam on the upside or downside. Our proprietary model incorporates a statistical averaging of standard oscillators to identify key levels for range-plays. Using this indicator, a subscriber can identify when a pair may be towards the top or bottom of a range.

Trade Example: If a pair is highly overbought/oversold and the trend is weak, there is an opportunity for an aggressive range or reversal play.

In a trending market, oscillators would be ineffective as there is a strong movement in one direction. FX Universal’s proprietary model incorporates Technical trend indicators, significant Support/Resistance levels, Fundamental flows and other variables in forecasting development of a trending market condition and its respective strength. Using this indicator, a subscriber can assess whether the overall trend for a particular pair is up or down.

Trade Example: If a pair displays a strong bullish trend, dips would be identified for an optimal entry point. If trend is relatively neutral, overbought/oversold indicators would be analyzed to determine possible range plays.

3) Live Streaming Quotes

Each currency quote box displays Live, Streaming Buy and Sell prices. Currency pairs are quoted to 5 significant digits, with the last two digits enlarged. These digits tend to be the most volatile and are magnified for visual convenience. For example, the EUR/USD is quoted as 1.2892 (Sell) at 1.2897 (Buy). The last two digits would be 92 (Sell) and 97 (Buy). The highest price quoted (High) and lowest price quoted (Low) for one trading day are shown beneath the current market prices.

The Buy and Sell prices will move in tandem. If the prices currently quoted are higher than the prices last quoted – the currency quote box will briefly illuminate in Blue to indicate an increase in price movement. If the prices currently quoted are lower than the prices last quoted – the currency quote box will briefly illuminate in Red to indicate a decrease in price movement. By default, every time there is a rate change, an alert will sound.

4) Menu Bar

The Settings button allows subscribers to customize Sound settings for specific platform events. There are many audible tones that subscribers can select from according to their preference. Advanced Settings allow subscribers to customize the rate at which data is fed into the software. This feature is integrated to accommodate subscribers with relatively unstable or slow Internet connections.

By clicking on the Charts button, subscribers can instantly access a free charting package with an assortment of the most popular and effective technical indicators.

Subscribers may click on the User Area at anytime to make administrative changes to their account 24 hours a day. Subscribers can update or change their email/SMS address, customize which events they would like to receive email/SMS alerts for (i.e. when a particular trade enters the market, when a trade reaches its Stop-loss or Limit level and many others), view their Market Sentiment Score, access the Recent Trades Log, and keep on top of the latest News & Updates.

By clicking on Market Briefing button, users can quickly access intra-day market reports for 5 major currency pairs.

DashBoard FX offers two layouts that users can select from. The default layout will display the signals data in the upper portion of the screen along with the market analysis indicators in the lower portion. Users that prefer to view both DayTrader and SwingTrader signals in one view can also do that with a single click of the Gauge icon in the upper-right corner of their platform.