§00 SCANNER - Starter Trading Dashboard Guide¶
- Starter: A calm starting point for new traders — one big chart, your watchlist, a live quote, and the most-active movers. Add panels as you grow; switch to a denser preset anytime.

1. What You Are Looking At¶
The dashboard is arranged into four main work areas:
| Area | Location in Image | Purpose |
|---|---|---|
| Top Toolbar | Very top of the screen | Add panels, open the scanner, pause feeds, save/reset layouts |
| Chart Panel | Upper-left large panel | View price action, candles, volume, moving averages, and drawing tools |
| Watchlist + Quote Panel | Right side | Track selected symbols and view quote/news details |
| Scanner Panel | Bottom panel | Find active movers by volume, gap, float, relative volume, and price movement |
2. Top Toolbar¶
Use the top toolbar to control the workspace.
Main Buttons¶
| Button | What It Does |
|---|---|
| + Add Panel | Adds another panel such as chart, watchlist, quote, scanner, or news |
| Scanner | Opens or focuses the scanner panel |
| Pause | Pauses live updating data so the screen stops changing while you review |
| Speaker/Icon Button | Controls alerts or platform sounds |
| Starter Dropdown | Selects the current workspace/layout |
| Save As | Saves the current layout as a new workspace |
| Reset | Resets the layout back to a default state |
Basic Workflow¶
- Open the dashboard.
- Select the Starter layout.
- Add only the panels you need.
- Arrange panels so the chart is large enough to read.
- Click Save As after customizing the setup.
3. Chart Panel¶
The chart panel is the main area for reading price action.
In the screenshot, the selected chart is SOXS on a 5-minute timeframe.
Timeframe Buttons¶
Above the chart, you can see timeframe options:
| Button | Meaning |
|---|---|
| 10s | 10-second chart |
| 1m | 1-minute chart |
| 2m | 2-minute chart |
| 5m | 5-minute chart |
| 15m | 15-minute chart |
| 1H | 1-hour chart |
| 1D | 1-day chart |
| 1W | 1-week chart |
How to Use Timeframes¶
Use shorter timeframes for faster intraday movement and longer timeframes for bigger context.
A simple beginner workflow:
- Check 1D or 1H first to understand the larger trend.
- Move to 15m to see the intraday structure.
- Use 5m for trade planning.
- Use 1m or 2m only if you need very detailed entry timing.
4. Candles¶
Each candle shows price movement for the selected timeframe.
For a 5-minute chart, each candle represents 5 minutes of trading.
| Candle Part | Meaning |
|---|---|
| Body | Difference between open and close |
| Wick | Highest and lowest price reached during that candle |
| Green Candle | Price closed higher than it opened |
| Red Candle | Price closed lower than it opened |
Reading the Current Chart¶
The screenshot shows a sharp drop after hours, followed by a small sideways recovery. This means the symbol moved quickly lower, then began consolidating near the lower price range.
5. Moving Averages¶
The chart displays two exponential moving averages:
| Indicator | Color in Screenshot | Meaning |
|---|---|---|
| EMA(9) | Teal/green-blue | Short-term moving average |
| EMA(20) | Blue | Slightly slower moving average |
How to Use EMA(9) and EMA(20)¶
A simple way to read them:
- If price is above both EMAs, short-term momentum may be stronger.
- If price is below both EMAs, short-term momentum may be weaker.
- If EMA(9) crosses above EMA(20), momentum may be improving.
- If EMA(9) crosses below EMA(20), momentum may be weakening.
- After a big drop, price often moves sideways while the EMAs catch up.
Do not use moving averages alone. Always compare them with volume, trend, support/resistance, and market context.
6. Volume Bars¶
Volume appears at the bottom of the chart.
| Volume Signal | What It Can Mean |
|---|---|
| Large volume spike | Strong interest, possible news, gap, or forced move |
| Low volume | Less active trading, possible consolidation |
| Rising volume with price movement | Momentum may be increasing |
| Falling volume after a move | Move may be slowing down |
In the screenshot, there is a clear volume increase around the sharp price drop.
7. Drawing Tools¶
The DRAW button above the chart lets you add visual notes.
Common tools include:
| Tool | Use |
|---|---|
| Trendline | Mark uptrends or downtrends |
| Horizontal Line | Mark support and resistance |
| Rectangle | Highlight consolidation zones |
| Text Notes | Add reminders or trade-plan notes |
Recommended Chart Markup¶
- Mark the high of the day.
- Mark the low of the day.
- Mark major support and resistance levels.
- Draw trendlines only when there are at least two or three clear touches.
- Remove old drawings when they no longer matter.
8. Watchlist Panel¶
The watchlist is on the right side of the dashboard.
It currently shows symbols such as:
- AAPL
- AMZN
- ANZ.AX
Watchlist Columns¶
| Column | Meaning |
|---|---|
| Symbol | Ticker symbol |
| Price | Current or last traded price |
| CHG% | Percentage change |
| VOL | Trading volume |
| Open | Opening price |
| High | Highest price for the session |
| Low | Lowest price for the session |
| Last | Most recent update time |
How to Add a Symbol¶
- Go to the watchlist panel.
- Click Add ticker...
- Type the ticker symbol.
- Press Enter.
- Click the symbol to load it into the quote/chart area.
9. Quote Panel¶
The quote panel is below the watchlist on the right side.
It shows details for the selected ticker. In the screenshot, the selected symbol is SOXS.
The quote panel includes:
| Section | Purpose |
|---|---|
| Ticker Name | Shows the full fund/security name |
| Price | Current/last price |
| Dollar Change | Price change in dollars |
| Percent Change | Price change in percentage |
| Exchange | Market where it trades |
| News Headline | Recent news related to the ticker |
How to Use the Quote Panel¶
- Select a symbol from the watchlist or scanner.
- Review the current price and percentage change.
- Check whether the movement is unusually large.
- Read the headline area for possible news catalysts.
- Confirm the move on the chart before making any decision.
10. Scanner Panel¶
The scanner appears at the bottom of the dashboard.
In the screenshot, it is set to MOST_ACTIVE and displays 15 hits.
Scanner Columns¶
| Column | Meaning |
|---|---|
| TIME | Time the scan result appeared |
| SYM | Ticker symbol |
| PX | Current/last price |
| %CHG | Percentage change |
| VOL | Volume |
| FLT | Float, or estimated shares available for trading |
| RVOL | Relative volume compared with normal volume |
| SPD | Spread between bid and ask |
| GAP | Gap percentage from previous close |
How to Read Scanner Results¶
Look for symbols with:
- High volume.
- High relative volume.
- Strong percentage change.
- Clean chart movement.
- Tight spread.
- Clear news or catalyst.
Avoid chasing a symbol only because it is at the top of the scanner. Always open the chart and inspect the setup.
11. Suggested Beginner Workflow¶
Use this process when starting a session.
Step 1: Open the Starter Layout¶
- Click the layout dropdown.
- Choose Starter.
- Confirm that chart, watchlist, quote, and scanner panels are visible.
Step 2: Check the Scanner¶
- Look at the MOST_ACTIVE scanner.
- Sort by VOL, %CHG, or RVOL.
- Pick a few interesting symbols.
- Do not trade directly from the scanner.
Step 3: Load a Symbol on the Chart¶
- Click a scanner symbol.
- Confirm it loads into the chart/quote area.
- Review the current price action.
Step 4: Check Multiple Timeframes¶
- Start with 1D.
- Check 1H.
- Move to 15m.
- Use 5m for intraday structure.
- Use 1m only for precise timing.
Step 5: Mark Key Levels¶
Use the drawing tools to mark:
- High of day
- Low of day
- Premarket high/low
- Prior day high/low
- Major support
- Major resistance
- Breakout or breakdown areas
Step 6: Confirm Volume¶
Before acting on a move, check whether volume supports it.
A move with low volume may fail quickly. A move with strong volume may have more follow-through, but it can also reverse sharply.
Step 7: Review Risk¶
Before entering any trade, decide:
- Entry price
- Stop level
- Target price
- Position size
- Maximum acceptable loss
- Reason for the trade
If you cannot clearly define risk, skip the trade.
12. Example: Reading the SOXS Chart in the Image¶
From the screenshot:
- SOXS is selected.
- The chart is on the 5-minute timeframe.
- Price had a sharp after-hours move lower.
- The quote panel shows a large negative percentage move.
- Volume increased during the drop.
- EMA(9) and EMA(20) are above or near price after the move.
- Price is trying to stabilize near the lower range.
A cautious reading would be: the ticker had a strong downward move and is currently attempting to consolidate. A trader would normally wait for confirmation before assuming a reversal or continuation.
13. Common Mistakes to Avoid¶
| Mistake | Why It Is Risky |
|---|---|
| Trading only because a ticker appears in the scanner | Scanner activity does not guarantee a good setup |
| Ignoring volume | Price moves without volume may fail |
| Using only one timeframe | You may miss the larger trend |
| Buying after a huge spike without a plan | Momentum can reverse quickly |
| Ignoring spread | Wide spreads can cause bad entries/exits |
| No stop loss | Losses can grow quickly |
| Trading leveraged ETFs without understanding risk | Leveraged products can move sharply and decay over time |
14. Quick Checklist¶
Before trading or studying a symbol, confirm:
- Symbol is loaded correctly
- Chart timeframe is correct
- Larger trend has been checked
- Key levels are marked
- Volume confirms interest
- Spread is acceptable
- News/catalyst has been reviewed
- Entry, stop, and target are planned
- Risk is acceptable
- You understand the instrument being traded
15. Simple Practice Routine¶
Use this dashboard for practice before live trading.
- Choose 3 symbols from the scanner.
- Open each on the 5-minute chart.
- Mark support and resistance.
- Write down what you think will happen next.
- Wait 15 to 30 minutes.
- Review whether the chart followed your idea.
- Record what you learned.
This helps build pattern recognition without risking money.
16. Recommended Starter Layout¶
For beginners, keep the layout simple:
| Panel | Recommended Size |
|---|---|
| Chart | Largest panel |
| Watchlist | Small right-side panel |
| Quote | Small right-side panel |
| Scanner | Bottom panel |
Avoid adding too many panels at first. A clean layout makes it easier to focus.
17. Final Notes¶
This dashboard is best used as a decision-support tool, not as an automatic trading signal.
Use it to:
- Discover active symbols
- Review price action
- Confirm volume
- Check news
- Plan trades
- Practice chart reading
Always combine dashboard signals with a written plan and risk management.