Monitor View is a new feature offered by Datadog that provides a graphical representation of how data is processed by alerting backends, improving the ability to predict when alerts will trigger. This feature is particularly useful for scenarios where alerts are set based on moving averages, which can be challenging to compute intuitively. By using Monitor View, users can clearly see when specific metrics, such as the example given with the `haproxy.backend.queue.time`, exceed configured threshold values, offering a clearer understanding of alert conditions. Datadog customers can access this feature by navigating to the Monitors page and switching from Original Data to Monitor View, and new users can explore it by signing up for a free trial.