Chart Theme - View PA in pleasing colorsHi TV Community.
Some users have asked me about the color theme of my charts and so I am sharing the settings. Feel free to use if you find the theme interesting.
Themes
Tradingview Color Themes and Indicator TemplatesIn this tutorial, I show you the basics of changing your chart's color theme, including how to save and recall it. I also show you how to change the color theme of your indicators as well as how to save your indicators as a template for easy recall any time you open a new chart. This two tips will save you endless hours and help you personalize your charting experience.
Chart theme by PaintChart - Facebook
Symbol
Candles: 4267B2, FA3E3E
Borders line: 4267B2, FA3E3E
Wick: 4267B2, FA3E3E
Last Value Line: Thickness 3
Appearance
Background: E9EBEE
Vert Grid Lines: FFFFFF - Line
Horz Grid Lines: FFFFFF - Line
Scales Text: 4267B2
Scales Lines: 4267B2
Crosshair: 4267B2 - Dashed Line
Style
Growing: 4267B2 - Opacity 50%
Falling: FA3E3E - Opacity 50%
---
Chart -> Chart settings -> Color -> Click the Add custom color button and paste each color code.
If you like this theme, please click Like button!
Chart theme by PaintChart - Evian
Symbol
Candles: 007CBB, E1194A
Borders line: 007CBB, E1194A
Wick: 007CBB, E1194A
Last Value Line: Thickness 3
Appearance
Background: F7D8DF
Vert Grid Lines: FFFFFF - Line
Horz Grid Lines: FFFFFF - Line
Scales Text: 007CBB
Scales Lines: 007CBB
Crosshair: 007CBB - dash line
Style
Growing: 007CBB - Opacity 50%
Falling: E1194A - Opacity 50%
---
Chart -> Chart settings -> Color -> Click the 'Add custom color' button and paste each color code.
If you like this theme, please click Like button!
How to Find Themes in FXOne of the questions I like to ask aspiring traders is this: are you bullish or bearish anything right now? It seems like a dumb question but it actually gives a wealth of information regarding the trader’s mindset and whether he is thinking multidimensionally or not. Compare these 2 replies:
I’m currently bearish on USDJPY.
I see strength in JPY across the board and prefer to play it against the NZD which seems to be weak.
The first reply is immature and shows superficial analysis. The second reply tells a lot more: the trader has scanned the full spectrum of FX crosses and has identified a theme (Jpy strength) and is puposefully playing it against NZD due to some weakness.
If a currency is strong against some trading partners but weak against others, it’s not a protagonist and we want to be following the protagonists at any moment in time. How can we systematically scan the FX universe attempting to find the current themes or best opportunities?
This is where scanning the crosses comes into play. At the moment, the JPY is having a good run. But before taking a position, I want continued confirmation that JPY is the flavor of the week or if something else is stealing the spotlight of late. So here are questions to work your way around:
What is the USD doing? Being the world’s reserve currency, it is often the main focus in FX..but not always.
Run the ruler across Gbp, Euro, Yen, Usd against their main trading partners. Is any of them dominant or passive across the board?
What we’re trying to do is make sure that the strength of JPY is not an exception limited to NZDJPY. Before selling NZDJPY, I’d prefer to see JPY strong across the board. It’s then a case of matching the strongest vs. weakest, to see if an opportunity exists.
Whenever possible, it’s best to simplify your trading endeavours and eliminate any possibility of analysis paralysis or conflicting signals. The concept of scanning the crosses in search of common movement is nothing new: FX dealers have been using the same idea for ages.
By filtering out themes and remaining on the sidelines (protecting your capital) when nothing is really standing out, your trading will never be the same, for the better.
