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What are the best time and sales colors to use for analyzing cryptocurrency trading on thinkorswim?

avatarLam PageNov 25, 2021 · 3 years ago5 answers

I'm using thinkorswim for analyzing cryptocurrency trading and I want to optimize my time and sales colors. What are the best colors to use for effective analysis? How can I choose the right colors to enhance my trading experience on thinkorswim?

What are the best time and sales colors to use for analyzing cryptocurrency trading on thinkorswim?

5 answers

  • avatarNov 25, 2021 · 3 years ago
    When it comes to choosing the best time and sales colors for analyzing cryptocurrency trading on thinkorswim, it's important to consider your personal preferences and what works best for you. Some traders prefer using contrasting colors, such as green for buying and red for selling, to easily distinguish between the two. Others find it helpful to use shades of blue for buying and shades of orange for selling. Ultimately, the key is to choose colors that are visually appealing and allow you to quickly identify buying and selling activity on the time and sales window.
  • avatarNov 25, 2021 · 3 years ago
    In my experience, using bright and bold colors for buying and selling activity on thinkorswim can make it easier to spot trends and patterns. For example, you could use a vibrant green color for buying and a striking red color for selling. This can help you quickly identify market movements and make informed trading decisions. However, it's important to note that everyone's preferences may vary, so feel free to experiment with different colors and find what works best for you.
  • avatarNov 25, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, recommends using a combination of blue and red colors for analyzing cryptocurrency trading on thinkorswim. Blue can be used to represent buying activity, while red can represent selling activity. This color scheme provides a clear visual distinction between buying and selling, making it easier to analyze market trends. However, it's important to remember that color preferences can vary from person to person, so it's always a good idea to choose colors that you find visually appealing and easy to interpret.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to analyzing cryptocurrency trading on thinkorswim, the choice of time and sales colors is a matter of personal preference. Some traders prefer using traditional colors like green for buying and red for selling, while others opt for more unique color combinations. Ultimately, the goal is to choose colors that allow you to quickly identify buying and selling activity on the platform. Experiment with different color schemes and find what works best for you.
  • avatarNov 25, 2021 · 3 years ago
    Choosing the best time and sales colors for analyzing cryptocurrency trading on thinkorswim is a subjective matter. Some traders find that using contrasting colors, such as green and red, helps them easily differentiate between buying and selling activity. Others prefer using shades of blue and orange for a more visually appealing experience. Ultimately, it's important to choose colors that you find visually pleasing and that allow you to quickly identify buying and selling activity on the platform.