The dashboard widget contains all the information you need to monitor the current volatility of an instrument, it is graphically simple to allow you to see what is going on with a glance. Included with the depth of market you can see the current price volatility which measures the movement of pips on each incoming tick of data together with an audible alarm when a set threshold has been reached.
Independent Volatility Dashboards & Depth of Market
"PLEASE MAKE SURE YOUR BROKER SUPPORTS DEPTH OF MARKET"
Launching the Dashboard
When you launch the dashboard from the chart, the Depth of Market and Volatility Gauge will be for the symbol that was on the chart, you will see the symbol name on all the widgets as shown below "EURUSD".
What is Depth of Market (DOM)
The depth of the market (DOM) is a measure of the number of open buys and sell orders for currency at different prices. The depth of market measure provides an indication of the liquidity and depth for that security or currency. The higher the number of buy and sell orders at each price, the higher the depth of the market. The depth of market data is also known as the order book since it shows pending orders for security or currency.
* Please note that not all Brokers support Depth of Market, please check first using the cTrader Platform.
What is the Volatility Gauge
The volatility gauge shows you at a glance how much price movement is occurring on the instrument as it happens, so you can set an audible alarm that will alert you when you are away from your desk that volatility is happening like during a news release or market movers.
"This is perfect when you are either away from your desk or looking at another chart, be informed as soon as the price starts to move."
Custom Sound Setting for Volatility Alert
We have added an extra feature that will allow you to configure the volume of the alert much higher than your PC system sounds, this will allow you to be in another room or away from your workstation and still hear the audible alarm without having to increase the normal sounds on your computers like email and Facebook notifications. The maximum volume of the alert is twice as loud as normal, you can turn it down by using the volume slider at the bottom.
"Position the Dashboard Anywhere On or Off the Charts"
The video demonstration does not show the new feature of the adjustable volume.
Watch a Video Tutorial
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
PLEASE NOTE THAT THIS PRODUCT IS ONLY THE VOLATILITY DASHBOARD WIDGET DESCRIBED ON THIS PRODUCT PAGE
THIS DOES NOT INCLUDE ALL THE WIDGETS.
How To Install
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.
Join Telegram Community
You can join a Telegram community and chat with other traders to discuss, share and ask for help.