A Calculated Use of Color
Are you tired of that drab green and red on black workspace? Do you wish you had a little more color? I did and I also took action and developed what I believe is a near perfect (for me) composition of indicators and, most importantly, of colors. Going from top to bottom, the indicators I use are...
First of all, I used a black background, a part of the "dark" theme option, but with the hue slightly altered. The black allows the colors to pop out better, creating smoother contrast than white and also easier on the eyes over extended viewing times. Next we have...
MACD (orange, blue and white)
EMA's (red, green, purple and deep magenta)
VWMA (yellow)
Bollinger Bands (forest green)
Parabolic SAR (deep pink)
Trendlines (white; all primary lines are white because it contrasts nicely; secondary, etc. lines can be any color)
Volume w/ Moving Average (rusty orange, blue with the white line representing a moving average)
BJ RSI (red, green, yellow, blue, white, orange and white)
RSI 14-Close (not visible, but below the BJ RSI; easily switch between the two in the same space)
ADX on DI (red, green and white)
Additionally, in main settings, in "scales," you can select "Indicator Last Value Label" and you can add a splash of randomized color to the price bar.
When chart analysis takes precedence over indicators, one may simply double click on the main screen (in the background) and the indicators will disappear. Double click again to have them return.
Many of you reading this may find my setup a little to busy, with too much going on at once and in minimal space. For me, personally, that's exactly how I like it and I've become adept at reading every indicator despite how many there are in number. It's much more efficient than using one at a time!
Some may be wondering how I customized everything, from color to opacity, and the answer is simple. Everything on your screen, including every single solitary indicator, has a "settings" option. Selecting this will make "style" available at the top of the pop-up and then you can adjust as you please. When choosing a new script/indicator from the public library, you can *almost* always change the appearance of it, as well as the ability to adjust important "inputs." It is important to note that, for a screen as complex as my own, blending the colors together with the "opacity" function is extremely useful.
Finally, so many people use "light" for their theme. I say come to the "dark" side and let those colors pop!
Thanks for coming to my TED Talk: Polychromatic Fun and Stuff
First of all, I used a black background, a part of the "dark" theme option, but with the hue slightly altered. The black allows the colors to pop out better, creating smoother contrast than white and also easier on the eyes over extended viewing times. Next we have...
MACD (orange, blue and white)
EMA's (red, green, purple and deep magenta)
VWMA (yellow)
Bollinger Bands (forest green)
Parabolic SAR (deep pink)
Trendlines (white; all primary lines are white because it contrasts nicely; secondary, etc. lines can be any color)
Volume w/ Moving Average (rusty orange, blue with the white line representing a moving average)
BJ RSI (red, green, yellow, blue, white, orange and white)
RSI 14-Close (not visible, but below the BJ RSI; easily switch between the two in the same space)
ADX on DI (red, green and white)
Additionally, in main settings, in "scales," you can select "Indicator Last Value Label" and you can add a splash of randomized color to the price bar.
When chart analysis takes precedence over indicators, one may simply double click on the main screen (in the background) and the indicators will disappear. Double click again to have them return.
Many of you reading this may find my setup a little to busy, with too much going on at once and in minimal space. For me, personally, that's exactly how I like it and I've become adept at reading every indicator despite how many there are in number. It's much more efficient than using one at a time!
Some may be wondering how I customized everything, from color to opacity, and the answer is simple. Everything on your screen, including every single solitary indicator, has a "settings" option. Selecting this will make "style" available at the top of the pop-up and then you can adjust as you please. When choosing a new script/indicator from the public library, you can *almost* always change the appearance of it, as well as the ability to adjust important "inputs." It is important to note that, for a screen as complex as my own, blending the colors together with the "opacity" function is extremely useful.
Finally, so many people use "light" for their theme. I say come to the "dark" side and let those colors pop!
Thanks for coming to my TED Talk: Polychromatic Fun and Stuff
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.