How can you use dashboards to combine charts and metrics?

🚀 Un bon dashboard doit être facile à lire et utiliser sans perdre son objectif de fournir une information précise. Raison pour laquelle, il est important de savoir comment intégrer ces graphiques et mesures. ✅ Quelques règles que je juge importante dans la création d'un tableau de bord : 1- Prendre connaissance des données disponibles; 2- Effectuer l'étape de nettoyage et validation de la base de données et éventuellement sortir de nouvelles variables 3- Lister les informations mettre en avant sur le Tableau de Bord (en graphique comme mesure) 4- Structurer votre tableau de bord et ajouter des filtres pour une analyse plus poussée 5- Travailler sur la forme pour que le Dashboard soit agréable à la lecture. #dashboard #vizualisation

Creating an effective dashboard starts with selecting appropriate charts and metrics. Tailor your choices to fit your goals and the data at hand. For price trends, candlestick charts are ideal, while bar charts can effectively display trading volumes. Line charts work well for tracking moving averages or other indicators. Don't forget to include key metrics like return, volatility, and risk-reward ratios, which are essential for evaluating performance. The goal is to ensure that every chart and metric on your dashboard provides clear, relevant, and consistent insights for your analysis.

Creating dashboards for studing your trading results can show you the difference between a non profitable trading plan from a profitable one. This will be one of those you will never forget once you have done it. Take your time and make a complete dashboard with all your key metrics. Risk/Reward Ratio and % risk per trade cand give you max drawdawn values and win rates. Include pictures of your trades not only of entries but also higher time frame structure status and indicator values so you can use in future analysis. Once you get used to study your first dashboard you will find new parameters to add along the way, improving profitability and avoiding potential losses.

Create effective dashboards by combining charts and metrics to offer a comprehensive view of key data. Define goals, choose appropriate visualizations, and group related information logically. Enhance user engagement with interactive elements and ensure design consistency. Use annotations and alerts for context and critical thresholds. Regularly update and review the dashboard, providing user guidance. The goal is to present complex data clearly, facilitating informed decision-making in a dynamic and user-friendly manner.

A dashboard should only consist of 1 page per topic/subject. Make sure you only use the most relevant metrics to the topic/subject. Do not use too many colours or combine too much info, you don’t want to confuse your audience or make them feel overwhelmed. Your dashboard should tell a story, so make sure you get the punchline in and that it is in your face.

Arranging your dashboard effectively is crucial. Aim for clarity and coherence. Avoid overcrowding; too many elements or excessively small charts can lead to confusion. Use consistent scales, and employ colors, labels, and legends to distinguish between different data sets or indicators. A grid layout is a great way to organize, creating distinct sections for related information. For instance, placing a price chart alongside a volume chart, or situating a performance metric near a risk metric, can make your analysis more intuitive and insightful.

Interacting with your dashboard is where the real analysis happens. Use features like zooming, filtering, or sorting to delve deeper into the data. Tooltips and annotations can reveal extra details. This interaction uncovers insights and patterns that might be hidden at first glance. You can also experiment with different scenarios by tweaking the parameters or inputs. Dashboards are powerful tools, not just for technical analysis but for any data-driven task. They bring together multiple data sources on one screen, enhancing understanding and accuracy in decision-making through visual elements and interactive capabilities.