new what's in play dashboard: how to find high-probability setups instantly
about two weeks ago, we went live with one of our biggest upgrades ever:
a completely redesigned what's in play (WIP) dashboard.
today's stay sharp is going to break down what's new, how it benefits your trading, and why you should have the new WIP dashboard open every single session.
let's get into it:
the problem: you can't memorize the probabilities from 100+ reports
edgeful has grown a lot over the past two years — we now have over 140 reports, tons of indicators, and a couple of different tools to apply the data to your trading.
which is great... but it also means memorizing all those probabilities is nearly impossible. which then makes it hard to find and trade the setups that are actually high probability and in play today.
the solution: the new what's in play dashboard
instead of having to memorize the probabilities on your favorite reports, or trade setups that aren’t even high probability on the day, OR have to waste time jumping between reports trying to put together a bias for the day…
the new WIP dashboard tells you exactly what reports are setting up on your favorite tickers every single day — and what you should be focusing on versus what you shouldn't... based on the actual data.
let me break down everything you’re getting with the new dashboard:
when looking at the highlighted blue box above, you’ll see we give you the:
- ticker you’ve selected
- the report or subreport you’ve selected
- the condition of the setup based on live price action
- the probability based on the last 6 months of data, live from the report/subreport
- depending on the report, we’ll give you bias — again based on the data
- and then we’ll give you the targets you should be using based on the selected report
so in the example above, you’ll see we have:
- ES on the inside bars by weekday subreport
- price opened within yesterday’s range (inside bar)
- based on the stats on ES over the last 6 months for Tuesdays, there’s an 87% probability that one side of the previous day’s range is broken (high or low)
- then we’ve plotted both the PDH and the PDL for you for easy targets depending on the direction of the trade
so instead of having to memorize when the inside bar report is setting up, and then going to check the by weekday subreport, and then going to plot the PDH/PDL yourself… you can just select the ticker, the reports, and set the probability threshold to see it all in one place.
let’s break the new WIP down a little more:
feature #1: the three sections to instantly categorize your setups
the new dashboard organizes everything into three sections:
- in play — these are the reports that are active right now. the setup has triggered and you can use this data to trade. for example, you’ll see in the image above that the inside bars report on ES is “in play”, and the data says there is an 86% probability that price will break either the previous day’s high or low.
- forming — some reports take time to develop. the ORB, the IB, the opening candle continuation... at 9:35 AM, there's no 15-minute ORB yet. there's no IB yet. so they'll sit in this section until they're ready.
- completed — these are reports that are no longer in play. for example, if the gap up today has already filled… it’ll move here.
these two sections alone save you from chasing setups that have already played out, or from trading any setups before they’ve finished forming.
and one of my favorite ways to use this is if I get to the desk a little late and miss the open — I can instantly check the “completed” section to see how many reports are no longer in play.
feature #2: the data filter
on the left sidebar, you’ll see a slider once you’ve selected your tickers and reports:
you can use this slider to only show reports that hit a specific probability threshold.
say you only want to see setups that are 65% probability or higher. the WIP will only show those reports — now you're only looking at high-probability setups.
feature #3: the bias filter
another useful section on the left sidebar is the bias filter. if you’re a long focused trader, you would click the “long bias” button and you’d only see reports where the setup is bullish. or if the action is majority bearish on the day and you’re looking for shorts — just click short bias.
this is just another way to make sure you’re always trading in line with the data…
feature #4: view details (live + historical data)
this is where it gets really powerful.
every report card on the dashboard has a "view details" button. click it, and you get:
- live data — what's happening right now (today opened within yesterday's range, current price, targets, etc.)
- historical data — the stats behind the setup (how many times this has happened, win rate, etc.)
here's an example:
let's say the inside bars report is showing up. you click view details and see:
- there have been 15 inside bars in the last 6 months on Tuesdays
- 13 of them broke out
- that's an 87% breakout rate
you now have your bias: expect price to break out of yesterday's range today.
no flipping between reports and subreports. you don’t have to memorize anything. it’s all right there for you in a unified dashboard.
feature #5: customizable reports
you’ll also see that each card has a “customize” button. when available, some reports let you customize the settings directly from the dashboard:
- opening candle: you can change the timeframe — 15 minute, 30 minute, whatever you trade.
- gap fill: you can adjust the fill percentage — 50% for half gaps, 100% for full gaps.
this way, the data matches exactly how you trade.
how to use this every day
the new what’s in play dash has now made it easier than ever to actually trade with data on your side.
as long as you know what tickers you’re going to trade, and on what reports — you’re good. no memorization, no flipping between different report and subreport pages…
so with that in mind, I wanted to end today’s email with a new morning routine that you can implement:
- open edgeful and go to the what's in play dashboard
- select your tickers (ES, NQ, SPY, whatever you trade)
- set your data filter (I recommend 60-65% minimum)
- once the market opens, check what's in the "in play" section for reports that are useful within the first 5-15min.
- click "view details" on anything that looks interesting
- continue to check on the reports that are in the “forming” section
- build your bias based on the data — not what you think. if most reports you track have a bearish bias… it’s likely you should be bearish. same to be said for bullish or neutral!
nice and simple… exactly how trading should be.
quick recap
the new what's in play dashboard:
- organizes setups into in play, forming, and completed so you can focus on what’s actually setting up right now based on live price action & data
- lets you filter by probability (data filter) so you only see the highest probability setups
- lets you filter by directional bias (long/short) so you only see setups that align with your style
- shows live + historical data without leaving the page
- lets you customize certain reports to further match your trading style
so if you're an edgeful member, and haven’t played around with the new WIP yet, go check it out right now. and if you're not a member yet... this is your sign.
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