NexusFi: Find Your Edge


Home Menu

 





Visually ergonomic screen color scheme?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one wldman with 6 posts (0 thanks)
    2. looks_two forrestang with 3 posts (0 thanks)
    3. looks_3 lolu with 1 posts (1 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
      Best Posters
    1. looks_one OpalDragon with 2 thanks per post
    2. looks_two lolu with 1 thanks per post
    3. looks_3 GaryD with 1 thanks per post
    4. looks_4 DavidHP with 1 thanks per post
    1. trending_up 10,338 views
    2. thumb_up 5 thanks given
    3. group 9 followers
    1. forum 17 posts
    2. attach_file 3 attachments




 
Search this Thread

Visually ergonomic screen color scheme?

  #11 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,512 since Aug 2011
Thanks Given: 2,047
Thanks Received: 9,513

at least not intentionally. I could flip them though it wouldnt make any difference to me...it is red for down bar red for neg p/l that I wanted to avoid.

Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
ZombieSqueeze
Platforms and Indicators
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
MC PL editor upgrade
MultiCharts
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
25 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
23 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #12 (permalink)
kamicrazy
New Zealand
 
Posts: 71 since Jun 2011
Thanks Given: 2
Thanks Received: 32

Try blue for up and orange for down

Works for me

Reply With Quote
  #13 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
Duration: Hours
Posts: 2,552 since Jun 2009
Thanks Given: 1,049
Thanks Received: 1,678


This should be it !!!

Lolu

Attachment 48941

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #14 (permalink)
 
pengi's Avatar
 pengi 
Tokyo, Japan
 
Experience: Intermediate
Platform: NT7
Trading: GC
Posts: 35 since Jan 2011
Thanks Given: 26
Thanks Received: 40


Reply With Quote
  #15 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,611 since Aug 2009
Thanks Given: 11,338
Thanks Received: 2,744


wldman View Post
Those are WRONG from a winning trading perspective, right. Green also being the color of US currency would be fine for "profits", red woud be okay for stop loss, but shouldnt long and short and perhaps profits and losses be visually associated with other colors?

Perhaps your life experiences have created this 'color' association.

If you do further study on the way humans think you will find that most associations are 'learned' and that includes colors.
(i.e. someone that is color-blind may not see the association of green/red as everyone else.)

If using colors helps your trading, what difference does it really make?
If it hinders your trading, then change it.

FWIW.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on Twitter Reply With Quote
Thanked by:
  #16 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
Posts: 3,512 since Aug 2011
Thanks Given: 2,047
Thanks Received: 9,513

associations are learned. So why do we look at color that way? Platforms use as default red for losses and red for down bars...a faulty construct from a trading perspective.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #17 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


PositiveDeviant View Post
Absolutely, with green and red there are connotations involved that may well affect you on a subconscious level. I use white for up, black for down, feeling that these are the most neutral, but opposing "colours" reflecting the opposing directions.


I do the same; white for up and black for down. My reason is to keep colors at a minimum, so that any colors that are on the screen have more visual impact. Psychologically, the black and white works better for me, as both seem more neutral and helps me to not prefer one over the other. And, they also let me see those shades against a higher timeframe context, where I do use colors, without the any of the information getting lost on the screen.

In contrast, on say a 15 minute chart, I use red and green candlesticks. On those charts, the colors give me the information I am looking for, and red/green is how I learned, so it works. Same with volume analysis.

Yet another variant, on chart analysis I prefer everything to be a single color, allowing the shapes and pivots to command the attention.

Strange how something can feel right on one chart but wrong on another. Finding what speaks to you is what matters. As trivial as it sounds, having your colors right can make a difference. Charts should be clear, uncluttered, specific, and give you the information you need without putting a whole lot of thought into it. They should not require you to strain to decipher information, and should be easy on your eyes and relaxing to you.

With today's software, any color coding you can imagine is possible.

Reply With Quote
  #18 (permalink)
 OpalDragon 
Des Moines, Iowa
 
Experience: Advanced
Platform: Ninja Trader
Trading: 6E, CL, Anything that moves
Posts: 559 since Jun 2012
Thanks Given: 733
Thanks Received: 232

@wldman You guys will want to see/read this article == it is about Color Theory

It talks about what colors combine really good with each other


Basic Color Theory

Reply With Quote
Thanked by:




Last Updated on March 4, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts