Minimal Complimentary Aesthetic No analysis but wanted to share this color scheme I have concocted. It's nice to look at a beautiful chart if you're going to be staring at it for hours on end.
I like to avoid very bright or jarring colors on my charts. I also avoid red as much as possible because it's not ideal for keeping a calm collected mind required for trading (IMO).
I went for a cool modern look with complimentary oranges and steel blues.
Here's the details:
Canvas:
Background Gradient
Top: 1d2c3a
Bottom: 29485b
Text: d1e6ff
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Candles:
Up (color, opacity)
Body: b2b5be, 0
Border: b2b5be, 100
Wick: b2b5be, 100
Down (color, opacity)
Body: f9a26c, 100
Border: f26627, 100
Wick: f26627, 100
Vert/ Horizontal grid lines optional but if you decide to use them I personally like to use a very low opacity dark grey. And I use yellow for the price line but you can use whatever tbh.
Here are the indicators used:
Enjoy the theme and share any you have made you really like.
Coloredbars
Chart paletteIt's really important if you work long time with a charts on Tradingview to have a clean color setup, your eyes feel more comfortable. Here is few of my combination what I personally use.
Also just a small tip why do I use black and white candles. Its all about psychology. When you see red candles you think more about sales, green greed. Its all about human nature. But white and black candles give you option to look on a chart without emotion background.
When you setup your colors youll see how more productive and comfortable for you will be the time front of charts
Few combination
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
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NEW Indicator: CCI Colored Candles / Bars w/ HistogramIndicator Overlay
Color of your candles matches your CCI with Histogram indicator and trend line . CCI EMA or SMA based option, traditional or modern formula calculation options ect. Can change Length, source, Trigger Lines, colors of candles and histogram and more
The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into positive or negative territory. While most values, approximately 75%, will fall between -100 and +100, about 25% of the values will fall outside this range, indicating a lot of weakness or strength in the price movement.
A basic CCI strategy is used to track the CCI for movement above +100, which generates buy signals, and movements below -100, which generates sell or short trade signals. Investors may only wish to take the buy signals, exit when the sell signals occur, and then re-invest when the buy signal occurs again.
The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into positive or negative territory. While most values, approximately 75%, will fall between -100 and +100, about 25% of the values will fall outside this range, indicating a lot of weakness or strength in the price movement.
When the CCI is above +100, this means the price is well above the average price as measured by the indicator. When the indicator is below -100, the price is well below the average price.
1 CCI strategy is used to track the CCI for movement above +100, which generates buy signals, and movements below -100, which generates sell or short trade signals. Investors may only wish to take the buy signals, exit when the sell signals occur, and then re-invest when the buy signal occurs again.
Long-term chart is used to establish the dominant trend, short-term chart establishing pullbacks and entry points into that trend. A multiple timeframe strategy is commonly used by more active traders and can even be used for day trading, as the "long term" and "short term" is relative to how long a trader wants their positions to last.
When the CCI moves above +100 on your longer-term chart, this indicates an upward trend, and you only watch for buy signals on the shorter-term chart. The trend is considered up until the longer-term CCI dips below -100.
When using a daily chart as the shorter timeframe, traders often buy when the CCI dips below -100 and then rallies back above -100. It would then be prudent to exit the trade once the CCI moves above +100 and then drops back below +100. Alternatively, if the trend on the longer-term CCI turns down, that indicates a sell signal to exit all long positions.
When the CCI is below -100 on the longer-term chart, only take short sale signals on the shorter-term chart. The downtrend is in effect until the longer-term CCI rallies above +100. The chart indicates that you should take a short trade when the CCI rallies above +100 and then drops back below +100 on the shorter-term chart. Traders would then exit the short trade once the CCI moves below -100 and then rallies back above -100. Alternatively, if the trend on the longer-term CCI turns up, exit all short positions.
Make the strategy more stringent by only taking long positions on the shorter time frame when the longer-term CCI is above +100. This will reduce the number of signals, but will ensure the overall trend is very strong.
Entry and exit rules on the shorter timeframe can also be adjusted. if the longer-term trend is up, you may allow the CCI on the shorter-term chart to dip below -100 and then rally back above zero (instead of -100) before buying. This will likely result in a paying a higher price, but offers more assurance that the short-term pullback is over and the longer-term trend is resuming.
AAPL "Volume Strength Candles / Colored Bars" **NEW INDICATOR**Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Volume Neither strong or weak
ORANGE Bear Candle with WEAK VOLUME (Less than 50% of the Length / Lookback)
DARK GREEN Bull Candle with STRONG VOLUME MORE than 150% of lookback
GREEN Bull Candle with Neutral VOLUME BETWEEN 50% & 150% of the lookback / Length
AQUA Bull Candle with WEAK VOLUME less than 50% of the Lookback
Is price confirmed by volume?
Can Change the Lookback / Length from 13
Can Change the Colors and Transparency to easily see based off your chart background colors I recommend ZERO Transparency to easily identify volume strength (i use white background but many use black or other)
