I'm redesigning my setup for my webcontrol board and I could use some advise on just how it should be build. I purchased a 8 channel relay board and a blank circuit board to build a seperate 5 volt power source. The power supply would provide power to the relay board and the sensors.

Forgive the crude drawing, I don't draw them out much. The basic idea is to get everything that needs 5 volt power off the board itself and onto a seperate source. I'm hoping that will reduce the overall stress on the board to prevent power related issues.
I do have a number of sensors and I plan to add more later on. I know I should have a 5 volt regulator and a capacitor in this design. Is this the right way and/or design to go with?
Thanks,
Mike

Forgive the crude drawing, I don't draw them out much. The basic idea is to get everything that needs 5 volt power off the board itself and onto a seperate source. I'm hoping that will reduce the overall stress on the board to prevent power related issues.
I do have a number of sensors and I plan to add more later on. I know I should have a 5 volt regulator and a capacitor in this design. Is this the right way and/or design to go with?
Thanks,
Mike