This solution is simple and very useful. However, In my use case, I have other graphs in the Dashboard, that are static (should not be part of the show parameter/display calculate field). Because of this there are UI challenges in implementing this solution. I always get blank space for one of the graphs in the dashboard.
What I would like to have is, a way to replace a whole graph (say an HOURLY plot ) with another (say DAILY plot ). I know that, this might be controlled by some UI tweaks/Formats, but could not find a solution yet.