- Chart Colors
- Background Colors
- Price Bar and Indicator Colors
- Special Color Considerations
Maps are a specialized dealer’s portal for requests. With so numerous advances in analysis platforms, dealers are suitable to view a tremendous multifariousness of request information. But with so important data available, it’s important to produce well-designed maps that will enhance, not hamper, your request analysis. The briskly you can interpret request information, the briskly you can reply to the changing conditions. Spending time to develop clean, easy-to-read maps and workspaces can ameliorate your situational mindfulness and capability to decrypt request exertion. Read on for some tips on how to make the most stylish possible stock maps.
- Specialized dealers use a variety of stock maps to dissect request data to pinpoint optimum entry and exit points for their trades.
- By setting up effective maps and workspaces, you will gain quick access to the data you need to make profitable trading opinions.
- To produce a well-designed stock map, you will want to be careful in your selection of color choices, sources, layout, pointers, and overlays.
- Dealers will constantly use multiple observers, earmarking one examiner for order entry and the other for maps and request analysis tools.
While it can be delightful to trial with different map colors, and numerous map analysis platforms support hundreds of color choices, you should flashback that a lot of time will be spent looking at the map. Choosing colors that are easy to view is a must-have. Not only do individual colors on the map need to be visually pleasing, but they all must also work together to produce a well-varied map.
In general, map backgrounds are stylish and kept to neutral colors; white, argentine, and black work well. Bright or neon colors may come intolerable over indeed a short period and can make map pointers harder to see. Once you’ve named a pleasing, neutral background color, you can OK-tune the rest of the map. You will need to elect colors for effects like grid lines, axes, and prices. Again, it’s a good idea to leave these in a neutral color, but one that contrasts with the map background. A light argentine background with a black or dark argentine grid, axes, and price factors, for illustration, creates an easy-to-read map.
Price Bar and Indicator Colors
You can apply price bars and pointers to your map and the colors for these should stand out from the map background. After all, this is what you are watching. Price bars in red (for down bars) and green (for over bars) will show up well against any of the neutral background colors. In addition, utmost analysis platforms give a variety of tones of reds and flora to choose from to further increase visibility. Price bars in black (for down bars) and white (for over bars) stand out veritably well against an argentine background. pointers should be in different colors so that any data can be fluently seen and interpreted.
Special Color Considerations
A fresh idea to consider is using different colors for maps that serve different purposes. Maximizing the visual impact of your stock maps will depend upon the types of pointers you use for your analysis. For illustration, you might produce some graphs to determine entry and exit opinions, while you produce others simply for learning purposes. However, you might consider a different background color for each ticker to make it easier to fleetly insulate data for each stock, if further than one symbol is being traded.
Designing the overall workspace (all of the maps and other request data that appear on your observers) requires consideration as well.
Having further than one examiner is extremely helpful in creating an easy-to-interpret workspace simply because there’s a further occasion to follow more securities. immaculately, one examiner should be used for order entry and any remaining observers are used for maps and other request analysis tools. still, for the case, of a stochastic oscillator, if you are using the same index on multiple maps. This makes it easier to find and compare the specific index on different maps.